Post by account_disabled on Dec 29, 2023 23:48:27 GMT -6
ACE shows success in closing the IPO after institutional investors subscribed more than 10 times, expecting the government community power plant project to support growth opportunities. Absolute Clean Energy Public Company Limited, or ACE, closed the sale of IPO shares totaling 1,018 million shares at a final offering price of 4.40 baht per share, showing an excellent response from both retail and retail investors. As for institutional investors, they show confidence in their overwhelming demand for shares during the bookbuilding period, exceeding the number of shares allocated by more than 10 times. Executives are confident in the potential of operating renewable energy power plants.
Raising the goal of increasing B2B Email List installed capacity to over 1,000 megawatts by 2024 from the current installed capacity of 211.18 megawatts and expected to increase to 421.37 megawatts within the next 2-3 years from projects in the pipeline. Ms. Weena Lertnimit, Director of SCB Securities Company Limited, as Sole Bookrunner and Co-Manager of Underwriting, said that after the closing of the initial public offering (IPO) of Absolute Company, Clean Energy Public Company Limited or ACE issued a total of 1,018 million shares to retail investors on November 1, 4 and 5. and institutional investors on 6 – 7 November. at the final offering price At a price of 4.40 baht per share, it is considered to have received a very satisfactory response.
During the bookbuilding period, institutional investors expressed overwhelming demand for IPO shares, exceeding the number allocated more than 10 times to the number of shares allocated to institutional investors, approximately 60 percent of all IPO shares offered. Because of confidence in the potential of operating a power plant business from renewable energy with stable income and continuous growth. Plan to expand the production capacity of the power plant in the future and the demand for electricity is likely to continue to increase This will have a positive impact on ACE's power plant business and it is expected that ACE shares will be traded on the Stock Exchange of Thailand. In the resource/energy and utilities category It's the first day on November 13th.
Raising the goal of increasing B2B Email List installed capacity to over 1,000 megawatts by 2024 from the current installed capacity of 211.18 megawatts and expected to increase to 421.37 megawatts within the next 2-3 years from projects in the pipeline. Ms. Weena Lertnimit, Director of SCB Securities Company Limited, as Sole Bookrunner and Co-Manager of Underwriting, said that after the closing of the initial public offering (IPO) of Absolute Company, Clean Energy Public Company Limited or ACE issued a total of 1,018 million shares to retail investors on November 1, 4 and 5. and institutional investors on 6 – 7 November. at the final offering price At a price of 4.40 baht per share, it is considered to have received a very satisfactory response.
During the bookbuilding period, institutional investors expressed overwhelming demand for IPO shares, exceeding the number allocated more than 10 times to the number of shares allocated to institutional investors, approximately 60 percent of all IPO shares offered. Because of confidence in the potential of operating a power plant business from renewable energy with stable income and continuous growth. Plan to expand the production capacity of the power plant in the future and the demand for electricity is likely to continue to increase This will have a positive impact on ACE's power plant business and it is expected that ACE shares will be traded on the Stock Exchange of Thailand. In the resource/energy and utilities category It's the first day on November 13th.