Bangkok--Oct 4--SET
Globlex Holding Management Pcl. will list in the SET’s Financials Group, Finance & Securities Sector, after the company successfully sold 215 million capital increase shares at THB 2.30 per share at its initial public offering (IPO) on Sept. 22 — 23.
The Chairwoman of the Capital Market Opportunity Center (CMOC) and the Market for Alternative Investment (MAI), Ms. Sopawadee Lertmanaschai, revealed that the SET Board of Governors approved the listing on the Exchange of Globlex Holding Management Pcl.’s shares in the Financials Group, Finance & Securities Sector. These securities will commence trading on the bourse from October 5, 2004, onwards using “GBX” as trading symbol.
GBX has THB 1,065 mln. (approx. USD 26.3 mln.) worth of paid-up capital comprised of an existing 850 mln. shares and 215 mln. capital-increase shares with a par value of one THB 1.00 each. GBX raised funds by selling its 215 mln. IPO shares (which is equal to 20.19% of its total paid-up capital after the IPO) to the general public and its employees at THB 2.30 per share. United Advisory Services Co., Ltd. acts as its financial advisor. GBX will use its new funds to invest in or support Globlex Securities Co., Ltd. and Globlex Advisory Co., Ltd., as well as investing in other businesses.
GBX is engaged in securities-related and financial advisory businesses. Its securities business arm is Globlex Securities Co., Ltd. The specific services the company offers include securities brokerage, securities dealing for equity and debt instruments, and securities underwriting. Its financial advisory business, Globlex Advisory Co., Ltd., offers services, which include consulting on initial public offerings, stock listings, business rehabilitation planning, and capital restructuring.
The Koohapremkit family is presently the major shareholders of GBX. The family holds 79.81% of the company’s paid-up capital after the IPO. As to its dividend payment policy, GBX will pay out no less than 30% of its net profits.
For more information about Globlex Holding Management Pcl., please browse the SET’s website, www.set.or.th, or Settrade.Com’s website, www.settrade.com.
For more information, please contact the Corporate Communication Dept.:
Ladawan Kantawong Tel: 0-2229-2036 / Kulvida Jintakawong Tel: 0-2229-2037 / Nattaporn Boonprapa Tel: 0-2229-2049 End.
--InfoQuest (NT)--