PACE IPO shares fully subscribed and ready to debut on August 7.
2 Aug, 2013
PACE Development Corporation Plc. (PACE) has seen its 600 million new shares selling like hot cakes via initial public offering (IPO), thanks to investors’ confidence in the company’s strong fundamentals and the real estate industry’s promising prospects. Underwriters and advisors believe PACE IPO price set at 3.50 Baht per share is appropriate and the stock, which debuts on August 7, is likely to offer attractive gains to investors.