CRC shares end lower on debutCentral Retail Corporation chairman Prasarn Trairatvorakul speaks during the ceremony to launch trading of CRC at the Stock Exchange of Thailand on Thursday. The price closed at 41.75 baht, down 25 satang, or 0.60%, from the IPO price of 42 baht per share. CRC share price moved within a range of 41.50-42.25 baht in turnover averaging 7.5 billion baht. CRC is reportedly raising 78.1 billion baht in funds after setting the IPO price at 42 baht for no more than 1.69 billion IPO shares and an over-allotment option of 169 million shares. The SET index, meanwhile, plunged 14.30 points or 0.95% to 1,491.24 in turnover worth 54 billion baht.

Source: Bangkok Post February 20, 2020 05:26 UTC