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Article: MSC increases capital by B500m.
- Article from:
- Bangkok Post (Bangkok, Thailand)
- Article date:
- February 16, 2007
CopyrightCOPYRIGHT 2007 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Krissana Parnsoonthorn
Feb. 16--Metro Systems Corporation Plc (MSC) plans to raise approximately 500 million baht in fresh funds from a capital-increase programme in a bid to boost liquidity of its share trading.
The SET-listed IT solutions provider expects to attract both foreign and local institutional investors to invest in its newly issued shares.
The offering of 119 million new shares with a par value of one baht will be made through private placement. International and local roadshows will be organised to present the company outlook to potential investors by March.
Narong Charuvajana, the MSC executive director, said the ...