Bangkok--Nov 10--SET
The Market for Alternative Investment (MAI) will have Porn Prom Metal Pcl. listed on the bourse using “PPM” as its trading symbol after it successfully offered its capital increase shares to the public.
The President of the MAI, Mr. Vichate Tantiwanich, said that the SET Board of Governors has approved the listing of Porn Prom Metal Pcl.’s securities on the MAI using “PPM” as their trading symbol. Syrus Securities Pcl. acted as its financial advisor.
PPM has THB160 mln. in paid-up capital. Its holdings are comprised of 120 mln. existing shares and 40 mln. shares in capital increase, each with a par value of THB1.00. Of its capital increase share portion, PPM sold 38.80 mln. shares to the public and another 1.20 mln. shares to its directors and employees at THB3.05 each on Nov. 1-2, 2004.
PPM distributes two types of metal products: 1) Industrial products, e.g., copper and brassstrips, sheets, tubes and other equipment, stainless steel and steel wire, aluminum coils and sheets, stainless steel coils and sheets. These products are used for producing auto parts, electronic products, electrical appliances, spring makers, home appliances, as well as medical equipment, 2) Construction material products, e.g., copper tubes and fittings, insulation, and other equipment, such as air ducts.
The major shareholders of PPM are Mr. Chamnard Pornpilailuck and Mrs. Kanokkorn Tankaisorn, who collectively hold 72.44 % of the company’s paid-up capital after its IPO.
For more information on Porn Prom Metal Pcl., please browse the company’s website, www.ppm.co.th, the MAI’s website, www.mai.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.