Hydrotek stands above IPO price

THURSDAY, DECEMBER 15, 2011
Hydrotek stands above IPO price

Hydrotek Plc, a waste treatment engineering firm, witnessed an impressive debut on the Market of Alternative Investment (MAI), despite the sharp market swing.

 The stock closed at Bt4.76, or 40.4 per cent higher than the initial public offering price of Bt3.39.
 It opened at Bt5.60 and peaked at Bt5.80 on the first trading day.
 The performance was impressive as the stock market today opened lower on internal and external concerns, before ending the day with a slight gain.