Clover aims to list 320m shares in IPO - News Summed Up

Clover aims to list 320m shares in IPO


Clover aims to list 320m shares in IPOA biomass power plant operated by Clover Power in the northern province of Phitsanulok. Clover Power Plc (CV), a renewable energy power plant developer and operator, plans to issue 320 million shares -- 25% of total common shares -- under its initial public offering (IPO). The company appointed Trinity Securities as a financial adviser to manage IPO shares and the listing of Clover Power on the Stock Exchange of Thailand. Clover Power has three core businesses: renewable power plant development, energy-related businesses -- including maintenance services -- as well as engineering, procurement and construction services. Three are biomass power plants and the other is a waste-fired power plant, with a combined capacity of 26.2MW.


Source: Bangkok Post July 29, 2021 21:00 UTC



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