Post by account_disabled on Dec 30, 2023 5:47:58 GMT -5
ACE attracts institutional investors who flock to subscribe more than 10 times. ACE sets the final selling price of IPO at 4.40 baht per share, pleasing retail investors who have subscribed for IPO shares in droves, with institutional investors showing overwhelming demand for subscription. Absolute Clean Energy Public Company Limited (the "Company" or ACE) is pleased with the overwhelming response from retail investors to subscribe for IPO shares, with institutional investors expressing their desire to subscribe in The Bookbuilding period has come in overwhelmingly.
This exceeds the number of shares allocated to C Level Executive List institutional investors by more than 10 times, moving forward to set the final selling price of IPO shares at 4.40 baht per share, which is the highest price in the initial offering price range. And the shares will be offe#&@ for sale to institutional investors on 6 - 7 November. The shares are expected to be traded on the Stock Exchange of Thailand on 13 November in the resources/energy and utilities category. The management aims to increase the installed production capacity to more than 1,000 megawatts by 2024 and show continuous growth from past operations from 2016 - 2018.
Ms. Weena Lertnimit, Director of SCB Securities Company Limited, as Sole Bookrunner and Joint Underwriter, revealed that after Absolute Clean Energy Public Company Limited or ACE set the bid price range. Selling additional common shares to the public for the first time (IPO) at a price of 4.00 - 4.40 baht per share and allowing retail investors to subscribe for IPO shares on November 1 and 4 - 5 at a price of 4.40 baht per share. which is the highest price of the said offering price range Along with surveying the demand for IPO share subscription by institutional investors or Bookbuilding.
This exceeds the number of shares allocated to C Level Executive List institutional investors by more than 10 times, moving forward to set the final selling price of IPO shares at 4.40 baht per share, which is the highest price in the initial offering price range. And the shares will be offe#&@ for sale to institutional investors on 6 - 7 November. The shares are expected to be traded on the Stock Exchange of Thailand on 13 November in the resources/energy and utilities category. The management aims to increase the installed production capacity to more than 1,000 megawatts by 2024 and show continuous growth from past operations from 2016 - 2018.
Ms. Weena Lertnimit, Director of SCB Securities Company Limited, as Sole Bookrunner and Joint Underwriter, revealed that after Absolute Clean Energy Public Company Limited or ACE set the bid price range. Selling additional common shares to the public for the first time (IPO) at a price of 4.00 - 4.40 baht per share and allowing retail investors to subscribe for IPO shares on November 1 and 4 - 5 at a price of 4.40 baht per share. which is the highest price of the said offering price range Along with surveying the demand for IPO share subscription by institutional investors or Bookbuilding.