"Asset World Corporation" is preparing to subscribe for IPO 25-27 Sep at 6 baht per share.

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Asset World Corporation Appoints Distributor and Guarantees Prepare to open a public IPO for the first time (IPO) between 25-27 September at the price of 6 baht per share. The goal is to raise funds for the success of leading real estate in a comprehensive lifestyle.Mrs. Wanlapa Trisoras (center), Chief Executive Officer and President, Asset Corp. Public Company Limited or AWC, a leading real estate development and development company under the TCC Group, signed the agreement. appoint Bualuang Securities Public Company Limited, Kasikorn Securities Public Company Limited, Phatra Securities Public Company Limited, and Siam Commercial Securities Company Limited are the underwriters and underwriters for the initial public offering. first Which will be open for subscription between 25 – 27 September 2019, of not more than 8,000 million shares, divided into not more than 6,957 million ordinary shares, representing no more than 22.47 percent of the total issued and paid-up shares Of the company After this IPO (Not including over-allotment) and may over-allotment not exceeding 1,043 million shares (Overallotment Option or Greenshoe) with a public offering price of 6.00 baht per share. Distribute 8 more companies, namely Krungsri Securities Public Company Limited, KT ZMICO Securities Company Limited, Maybank Kim Eng Securities (Thailand) Company Limited (Mahachat ) Thanachart Securities Public Company Limited, TISCO Securities Company Limited, UOB Kay Hian Securities (Thailand) Public Company Limited, CGS-CIMB Securities (Thailand) Company Limited, and K Securities Company Limited TB (Thailand) Public Company Limited

There are 13 leading institutional investors both domestically and internationally, in the category of Cornerstone Investor, including Bualuang Asset Management, MFC Asset Management, Kasikorn Asset Management, Siam Commercial Asset Management, and SCB Asset Management. TISCO Asset Management Krung Thai Asset Management Wan Asset Management Thanachart Asset Management Aberdeen Asset Management (Thailand) FWD Life Insurance GIC Private Limited Maitri Asset Management and Affin Hwang Asset Management Berhad have agreed to subscribe to the company's ordinary shares. Offered at this time, totaling 3,454,000,000 shares, or approximately 50 percent of the total shares offered at this time (Not including the allocation of over-allotments) at the price of 6.00 baht per share

This fund raising of Asset Corp. Public Company Limited is aimed at furthering the success of driving the real estate business. Leading to meet the full lifestyles of Thailand in the hotel and service groups. And commercial real estate groups To fund the acquisition of the property owned by the Share Purchase Agreement in 2019, which will be a new project added to the AWC portfolio after the IPO, including to invest in development. And improve the company's assets And / or subsidiaries In order to create stable and sustainable growth for the company and return to shareholders. In addition, some will be used to repay the loan. And used as working capital. Mostly, AWC owns 90% of the freehold in order to become a real estate brand. Leading in Asia By preparing to trade in the Stock Exchange of Thailand on October 10, 2019

In the image (from left to right):
– Mr Pichet Sitti-Amnuai, President Bualuang Securities Public Company Limited
– Mr Pongsak Pruekphaisan, Managing Director Kasikorn Securities Public Company Limited
– Mr Wanlapa Trisora, Chief Executive Officer and President, Asset Corp. Public Company Limited
– Mr Weena Lertnimit, Director, Siam Commercial Securities Company Limited
– Mr. Anuwat Ruamsuk, Managing Director Capital Market Supervisor Phatra Securities Public Company Limited



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https://mgronline.com/stockmarket/detail/9620000092503

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