Showing 1 - 10 of 283
Bourse urges investor caution on MORE shares
Business, Nuntawun Polkuamdee, Published on 18/04/2025
» The Stock Exchange of Thailand (SET) has issued a warning to investors, urging them to consider attending the annual general meeting (AGM) of More Return Plc (MORE) on Friday, while thoroughly reviewing the proposed capital increase of 30% of the company's capital.
Bangchak eyes delisting of BSRC unit
Business, Yuthana Praiwan, Published on 11/04/2025
» SET-listed Bangchak Corporation (BCP), an energy conglomerate, is working on a plan to delist its subsidiary Bangchak Sriracha Plc (BSRC), formerly Esso Thailand, from the stock market this year, as part of a business restructuring plan.
TIDLOR Share Swap Opens for Sustainable Growth Under Tidlor Holdings
Published on 10/03/2025
» Ngern Tid Lor Public Company Limited (“TIDLOR” or the “Company”) has announced that the Registration Statement for Securities Offering and Tender Offer for Securities (Form 69/247-1) of Tidlor Holdings Public Company Limited (“Tidlor Holdings”) became effective as of March 6, 2025.
Bangchak to make tender for Esso shares
Business, Yuthana Praiwan, Published on 24/02/2025
» Energy conglomerate Bangchak Corporation Plc (BCP) is restructuring its business for greater operational flexibility by making a tender offer to acquire all remaining shares in Esso Thailand, which was previously taken over by Bangchak and renamed Bangchak Sriracha Plc (BSRC).
BCP and BSRC Announce Business Restructuring
Published on 21/02/2025
» The Board of Directors of Bangchak Sriracha Public Company Limited (BSRC) at its Meeting No. 3/2025 has approved Bangchak Group’s restructuring plan following Bangchak Corporation Public Company Limited (BCP)’s intention to make a tender offer to acquire all securities of BSRC held by minority shareholders, amounting to up to 631,859,702 shares (equivalent to 18.3% of BSRC’s total issued shares), via a share swap with newly issued ordinary shares of BCP. The exchange ratio is set at 1 newly issued ordinary share of BCP per 6.50 BSRC shares. Any fractional shares resulting from the calculation will be disregarded. The total number of newly issued BCP shares under this transaction will not exceed 97,209,185 shares, and there will be no cash payment involved. Additionally, BCP has announced its plan to delist BSRC’s shares from the Stock Exchange of Thailand (SET), with the restructuring expected to be completed within 2025.
Bangchak Restructures for Growth with BSRC Share Swap
Published on 21/02/2025
» Bangchak Corporation Public Company Limited (BCP) has unveiled a major restructuring initiative aimed at streamlining operations and enhancing efficiency within the Bangchak Group. The company’s Board of Directors, at its Meeting No. 3/2025, approved a tender offer to acquire all minority-held securities of Bangchak Sriracha Public Company Limited (BSRC), paving the way for its delisting from the Stock Exchange of Thailand (SET). The transaction will be executed through a share swap, allowing BSRC shareholders to exchange their holdings for newly issued ordinary shares of BCP at a ratio of 1 BCP share per 6.50 BSRC shares.
Thai Airways targets SET return in 2025
News, Supoj Wancharoen, Published on 10/08/2024
» Thai Airways International Public Company Limited (THAI) is looking to finalise its capital restructuring plan by the end of this year and will seek cancellation of business rehabilitation before resuming trading on the stock exchange within the second quarter of 2025.
Frenzied fundraising
Nuntawun Polkuamdee, Published on 24/06/2024
» Despite the Stock Exchange of Thailand (SET) flopping this year, initial public offering (IPO) activities remain lively, with 27 companies preparing to list on the Thai bourse.
Kerry Express okays capital increase plan
Business, Published on 17/06/2024
» Following a recent resolution by the board of Kerry Express (Thailand) Plc (KEX), the company approved an increase in its capital by issuing up to 2.8125 billion newly issued ordinary shares with a par value of 0.50 baht per share.
TIDLOR Shareholders Approve New Holding Company
Published on 13/06/2024
» Ngern Tid Lor Public Company Limited announced that its Extraordinary General Meeting of Shareholders (e-EGM) no. 1/2024, held on 11 June 2024, approved the shareholding and management restructuring plan, including establishing Tidlor Holdings Public Company Limited (Tidlor Holdings) as a holding company.