Thai Mui kicks off bourse listing plan with SEC
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Thai Mui Corp launched the first stage of its stock-exchange filing at the Securities and Exchange Commission (SEC) on Monday.
The company, which plans an initial public offering of 97.07 million shares at par value of Bt0.50, has appointed RHB Securities (Thailand) to be its financial adviser.
Thai Mui’s chief executive officer Tachakorn Lelaprachakul said that the company, which distributes wire rope and rigging equipment, would be listing on the Stock Exchange of Thailand in order to raise capital for its business expansion in 2018 and 2019.
The company reported revenue of Bt356.74 million and net profit of Bt18.92 million for last year, and revenue of Bt182.84 million and net profit of Bt11.37 million for the first half of this year.
