Post Today: Corporate Focus

29 July, 2013
PACE Development Corporation Plc. (PACE), led by CEO Sorapoj Techakraisri will launch 600 million IPO shares at 3.50 baht a share with a par value of 1 baht during July 29-31. PACE will list in the Stock Exchange of Thailand on August 7 under the new market cap rule. PACE reported a profit of 55 million baht and 28 million baht in the past two years and gives discount of 33% on the price of 5.2 baht a share. PACE also has a solid financial partner and its products are in the high-end segment where customer spending does not depend on the economic circumstance.