Post by account_disabled on Jan 1, 2024 3:22:26 GMT -5
Asset World Corp. Public Company Limited, a leading real estate developer that aims to provide complete lifestyle solutions in Thailand, is ready to trade on the Stock Exchange on 10 Oct. with a stock value at the IPO price of 185,742 million baht. Use the abbreviation "AWC" when trading securities. Mr. Manphong Senanarong, Deputy Manager, Head of Securities Issuer Division The Stock Exchange of Thailand revealed that the Stock Exchange welcomes Asset World Corp. Public Company Limited to register and begin trading on the Stock Exchange. in the real estate and construction group Real estate development category Using the securities trading abbreviation "AWC" on October 10, 2019. AWC operates its business by holding shares in other companies (Holding Company) whose main business is real estate development, divided into 2 main business groups: (1) hotel and service business group (Hospitality) by AWC's hotels managed under leading quality and internationally known brands such as Marriott, a Luxury Collection Hotel, Okura, Le Meridien, Banyan Tree, Hilton, DoubleTree by Hilton, Sheraton and Melia and (2) Real Estate Business Group for Commercial (Retail and Commercial Building), which covers projects in the real estate group for commercial.
operations (Retail and Wholesale) and office buildings (Office) AWC has a registered capital of 32,000 million baht with a par value of 1 baht per share, consisting of 24,000 million existing common shares and 8,000 million additional common shares, divided into 6,957 million additional common shares and allocated 1,043 million excess common shares at a price Offering for sale at 6 baht per share, with a total fundraising WhatsApp Number List value of 41,742 million baht (excluding excess allocated shares) and a securities value at the IPO price of 185,742 million baht, with Kasikorn Securities Company Bualuang Securities Company and Phatra Securities Company are financial advisors. Underwriting and underwriting manager along with SCB Securities Company It is a company that jointly distributes and guarantees sales. Mrs. Wallapa Traisorat, Chief Executive Officer and President of Asset World Corp Public Company Limited (AWC), revealed that AWC plans to use the money raised from fundraising from listing on Stock Exchange This time, it will invest in the acquisition of 12 additional properties, consisting of 4 hotels that are already.
in operation, 6 hotels under development, and mixed-use properties that are under development. 2 locations. In addition, the remaining money will be used to repay bank loans and develop the company's assets. After the IPO, AWC's major shareholders include the Mr. Charoen family group. Sirivadhanabhakdi holds a total of 77.5% of the paid-up registered capital. Determining the IPO price at this time, the company considers the ratio of share price to book value per share (Price to Book Value Ratio: P/BV) by referring to the ratio of share price to book value per share (P/BV) that Approximately 5 times calculated from the average P/BV ratio for the past 12 months (from 1 July 2018 to 30 June 2019) of listed companies with similar or similar business characteristics to the Company's business. which is registered on the stock exchange And the book value per share is equal to 1.2 baht per share, calculated from the shareholders' equity of the parent company as of June 30, 2019, divided by the total number of common shares after the stock offering, amounting to 30,957 million shares. AWC has a policy to pay dividends at a rate of not less than 40 percent of net profits from normal operations according to the company's consolidated financial statements. After deducting corporate income tax and after deducting various reserves as required by law and the company each year. However, dividend payments may be considered different from the policy set forth. Depends on operating results Financial status, cash flow, working capital Investment and business expansion plans, market conditions, debt obligations, conditions and limitations as specified in the loan agreement. Investors and interested parties Please see details from the company's prospectus at the SEC's website at www.sec.or.th. and general information of the company at www.assetworldcorp-th.com and www.set.or.th Tags # investment
operations (Retail and Wholesale) and office buildings (Office) AWC has a registered capital of 32,000 million baht with a par value of 1 baht per share, consisting of 24,000 million existing common shares and 8,000 million additional common shares, divided into 6,957 million additional common shares and allocated 1,043 million excess common shares at a price Offering for sale at 6 baht per share, with a total fundraising WhatsApp Number List value of 41,742 million baht (excluding excess allocated shares) and a securities value at the IPO price of 185,742 million baht, with Kasikorn Securities Company Bualuang Securities Company and Phatra Securities Company are financial advisors. Underwriting and underwriting manager along with SCB Securities Company It is a company that jointly distributes and guarantees sales. Mrs. Wallapa Traisorat, Chief Executive Officer and President of Asset World Corp Public Company Limited (AWC), revealed that AWC plans to use the money raised from fundraising from listing on Stock Exchange This time, it will invest in the acquisition of 12 additional properties, consisting of 4 hotels that are already.
in operation, 6 hotels under development, and mixed-use properties that are under development. 2 locations. In addition, the remaining money will be used to repay bank loans and develop the company's assets. After the IPO, AWC's major shareholders include the Mr. Charoen family group. Sirivadhanabhakdi holds a total of 77.5% of the paid-up registered capital. Determining the IPO price at this time, the company considers the ratio of share price to book value per share (Price to Book Value Ratio: P/BV) by referring to the ratio of share price to book value per share (P/BV) that Approximately 5 times calculated from the average P/BV ratio for the past 12 months (from 1 July 2018 to 30 June 2019) of listed companies with similar or similar business characteristics to the Company's business. which is registered on the stock exchange And the book value per share is equal to 1.2 baht per share, calculated from the shareholders' equity of the parent company as of June 30, 2019, divided by the total number of common shares after the stock offering, amounting to 30,957 million shares. AWC has a policy to pay dividends at a rate of not less than 40 percent of net profits from normal operations according to the company's consolidated financial statements. After deducting corporate income tax and after deducting various reserves as required by law and the company each year. However, dividend payments may be considered different from the policy set forth. Depends on operating results Financial status, cash flow, working capital Investment and business expansion plans, market conditions, debt obligations, conditions and limitations as specified in the loan agreement. Investors and interested parties Please see details from the company's prospectus at the SEC's website at www.sec.or.th. and general information of the company at www.assetworldcorp-th.com and www.set.or.th Tags # investment