Post by account_disabled on Dec 24, 2023 7:12:39 GMT 1
ETC industrial waste power plant sets IPO price at 2.60 baht, confident of strong profit growth, highlighting the strength of being the first integrated waste power plant on the Thai stock market. Favorite bid for 444 megawatt waste-to-energy power plant at the end of this year Mr. Ekarin Luengviriya, Chief Executive Officer and Managing Director of Earth Tech Environment Public Company Limited (ETC), said that the company has signed an agreement to distribute additional common shares (IPO) of The company has 600 million shares plus 60 million Green Shoes shares with UOB Kay Hian Securities Public Company Limited (Thailand) as the underwriter for this capital increase at a price of 2.60 baht per share, equivalent to The fundraising value is approximately 1,560 million baht. The company plans to use the money from the capital increase to expand the business of ETC and its subsidiaries. Including loan repayment Use it as working capital for the business and prepare to expand investment in various clean energy power plant projects.
Such as the 400 megawatt ETC industrial C Level Executive List waste power plant sets IPO price at 2.60 baht, confident of strong profit growth, highlighting the strength of being the first integrated waste power plant on the Thai stock market. Favorite bid for 444 megawatt waste-to-energy power plant at the end of this year Mr. Ekarin Luengviriya, Chief Executive Officer and Managing Director of Earth Tech Environment Public Company Limited (ETC), said that the company has signed an agreement to distribute additional common shares (IPO) of The company has 600 million shares plus 60 million Green Shoes shares with UOB Kay Hian Securities Public Company Limited (Thailand) as the underwriter for this capital increase at a price of 2.60 baht per share, equivalent to The fundraising value is approximately 1,560 million baht.
including management and care Maintain power plants (O&M) to ensure high efficiency. Therefore it is a waste power plant stock. The first stock in the Thai stock market that has a bright future and has good operating results has a high profit margin And there is a high growth potential from preparing to open an auction for power plants that use waste as fuel of more than 444 megawatts and it is expected that there will be a lot of subscription for the company's IPO shares. Mr. Chaipat Nakmonthanakum, Chief Executive Officer of UOB Kay Hian Securities Public Company Limited (Thailand), underwriter of capital increase shares, said that the IPO share price of 2.60 baht per share is considered to be Sold at a price of earnings per share (P/E) of approximately 22 times, compared to net earnings per share next year that analysts estimate, lower than the average P/E ratio of the energy and utilities sector at approximately 29 times by subscribing to i shares.
Such as the 400 megawatt ETC industrial C Level Executive List waste power plant sets IPO price at 2.60 baht, confident of strong profit growth, highlighting the strength of being the first integrated waste power plant on the Thai stock market. Favorite bid for 444 megawatt waste-to-energy power plant at the end of this year Mr. Ekarin Luengviriya, Chief Executive Officer and Managing Director of Earth Tech Environment Public Company Limited (ETC), said that the company has signed an agreement to distribute additional common shares (IPO) of The company has 600 million shares plus 60 million Green Shoes shares with UOB Kay Hian Securities Public Company Limited (Thailand) as the underwriter for this capital increase at a price of 2.60 baht per share, equivalent to The fundraising value is approximately 1,560 million baht.
including management and care Maintain power plants (O&M) to ensure high efficiency. Therefore it is a waste power plant stock. The first stock in the Thai stock market that has a bright future and has good operating results has a high profit margin And there is a high growth potential from preparing to open an auction for power plants that use waste as fuel of more than 444 megawatts and it is expected that there will be a lot of subscription for the company's IPO shares. Mr. Chaipat Nakmonthanakum, Chief Executive Officer of UOB Kay Hian Securities Public Company Limited (Thailand), underwriter of capital increase shares, said that the IPO share price of 2.60 baht per share is considered to be Sold at a price of earnings per share (P/E) of approximately 22 times, compared to net earnings per share next year that analysts estimate, lower than the average P/E ratio of the energy and utilities sector at approximately 29 times by subscribing to i shares.