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Sicco Securities to press on with IPO.

Asia Africa Intelligence Wire

| August 28, 2002 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Nation (Thailand))

Byline: The Nation.

Sicco Securities to press on with IPO

Sicco Securities Plc has confirmed it will go ahead with its planned initial public offering as scheduled, even though it was earlier penalised by the Stock Exchange of Thailand for breaching brokerage-fee regulations.

The small-sized securities house will launch its 13 million capital-increase shares at Bt5 par value between September 3 and 5, and the initial-public-offering (IPO) shares have been priced at Bt20 apiece, its president Siripong Sutharoj told reporters at a ceremony to appoint a financial adviser.

The shares will make their debut …

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