AMA MARINE IPO TO OFFER 108 MILLION SHARES IN THE MAI
Logistics operator Ama Marine has filed with the Security and Exchange Commission its plan to launch an initial public offering of |108 million shares in the |Market for Alternative, according to its financial adviser Sage Capital.
AMA set the par price for the IPO at 50 satang per share.
AMA was capitalised with Bt215.80 million. The company posted total revenue in the first six months of Bt412.57 million and a net profit of Bt56.84 million.
Last year its revenue was Bt643.18 million and its net profit was Bt130.12 million.
In 2013 it had revenue of Bt426.6 million and a net profit of Bt20.4 million before rising to Bt510.5 million and Bt85.4 million in 2014.
