Arrow marks successful debut

TUESDAY, DECEMBER 25, 2012
Arrow marks successful debut

Arrow Syndicate Plc made successful debut on the Stock Exchange of Thailand on December 25. The manufacturer of electrical conduit, flexible metal conduit, fittings and accessories saw its share price end the first-trading day at Bt9, 63.64 per cent up fr

 

The SET Index on the Christmas Day gained 2.50 points or 0.18 per cent to end at 1,378.32 points. 
Raising Bt275 million from the IPO, Arrow will increase electrical conduct production capacity by 50 per cent. At present, the business generates 67 per cent of the company's revenue, thanks to brisk demand from property and industrial sectors.