Gulf Energy Development Plc’s Chief Executive Officer Sarath Ratanavadi said the company will debut on the SET tomorrow (Decemebr6), following its initial public offering (IPO) of 533.30 million shares at Bt45 per share from its par value of Bt5 per share. Currently, the company has a total electricity production capacity of 4,772.1 megawatts from natural gas and solar rooftop system. Gulf Energy’s register capital stands at Bt10.7 billion, comprising 2.1 billion ordinary shares with a par value Bt5 each. Humanica Plc’s chief executive officer Sunthorn Detham said that the company’s first day of trade on the Stock Exchange of Thailand will December 8 after the sale of 180 million IPO shares Bt4 per share from its par value of Bt0.50 each. In the first half of this year, the company reported total revenue of Bt234.11 million with Bt37.08 million in net profit.

Source: The Nation Bangkok December 04, 2017 20:09 UTC