Bangkok--Jul 4--Weber Shandwick
Indorama Polymers Public Company Limited (IRP), a manufacturer of PET polymers in Thailand, USA and Europe and Thailand’s first and largest PET polymers producer, today held a road show presention at Bangkok’s Four Seasons Hotel as part of its initial public offering (IPO) plan.
The company has roadshow stops planned for Hong Kong, Singapore and Europe to offer 368 million IPO shares prior to listing in the Petrochemicals and Chemicals sector on the Stock Exchange of Thailand (SET).
IRP executives believe the company’s investment outlook and business strengths will be of interest to investors.
Mr. Aloke Lohia, Chief Executive Officer of Indorama Polymers Plc, will be presenting an overview of the company’s business, its performance, future plans, and business strategies, as well as its IPO shares, to both retail and institutional investors, during the road shows.
Mr. Santhat Sanguandikul, Assistant Managing Director of Investment Banking, Siam City Securities Co., Ltd., on behalf of IRP, said: “The 368 million IPO shares that IRP will offer investors have a 1 baht par value and are broken down as 320 million new ordinary shares and 48 million shares for green shoe options. This fund application will help repay 1 billion baht in loans to commercial banks and financial institutions in Thailand.”
For further information on Indorama Polymers Plc., please visit
www.indoramapolymers.com
Note to editor: Indorama Polymers Public Company Limited (IRP) was established as IndoPet (Thailand) in 1995. The company is a world class manufacturer of PET Polymers through its 4 subsidiaries; (1) Asia Pet (Thailand) Limited (2) StarPet Inc. USA (3) UAB Orion Global Pet Lithuania (4) Petform (Thailand) Limited. Indorama Polymers is clearly focused on growing with the global trend in demand, while maintaining its ability to optimally serve its customers in the domestic and regional markets of its manufacturing facilities.
For more information, please contact:
Mr.Pramod Narayan Dubey
AVP - Marketing
Indorama Polymers Public Company Limited
Tel: 0 2661 6661 Email: [email protected]
Khun Kamonwan Thansri
Weber Shandwick (Thailand) Limited
Tel: 0 2257 0300 ext 332 Email: [email protected] End.