Bangkok--11 Jun--Ogilvy Public Relations
Nok Airlines Public Company Limited (Nok Air), a leader in low cost airline business, today announced the final offering price of 26 baht per sharefor its initial public offering (IPO) of 187.5 million shares. At this price, the demand was around six times of the offered shares. At the final offered price, the P/E ratio is approximately 11.5 times based on analysts’ average profit projection in 2013. The Company also appointed TheSiam Commercial Bank Public Company Limited as its financial advisor, SCB Securities Company Limited as its lead underwriter and six underwriters namely FinansiaSyrus Securities Public Company Limited, Maybank Kim Eng Securities (Thailand) Public Company Limited, KASIKORN Securities Public Company Limited, Country Group Securities Public Company Limited,Thanachart Securities Public Company Limitedand RHB OSK Securities (Thailand) Public Company Limited and. The shares will tentatively commence trading in the Stock Exchange of Thailand on 20 June 2013 under the ticker symbol NOK in the Service, Transport & Logistics sector.
Seen in the picture are: Mr. Patee Sarasin(4th from left), Chief Executive Officer of Nok Air, Miss VoradaThangsurbkul(5th from left),Executive Vice President — Investment Banking Division2,M.L.ThongmakutThongyai(6th from left), Chief Executive Officer, SCB Securities Company Limitedand executives from the six underwriters at the announcement of IPO price for NOK.