Sign up | Log in



PR Today

Home >> Press Release

Thai bourse to list BCPG on September 28

BANGKOK, September 27, 2016 -The Stock Exchange of Thailand (SET) will list BCPG pcl, a renewable power company, on September 28, under the ticker symbol "BCPG". The company has a market capitalization at its initial public offering (IPO) of THB 19.9 billion (approx. USD 568.6 million).

The Stock Exchange of Thailand Senior Executive Vice President Santi Kiranand said that BCPG would list on SET in Resources industry, Energy & Utilities sector. BCPG, a subsidiary of Bangchak Petroleum pcl (BCP), was formed under Bangchak’s restructuring plan to put all renewable-power businesses in the group under one umbrella. BCPG operated and supplied renewable energy, while investing in both domestic and overseas renewable energy businesses such as solar power and others. Currently with a generating capacity of 324 megawatts from the plants in Japan and Thailand, the company envisioned opportunity to grow. Therefore this listing was aimed to strengthen its financial capability, enhance competitiveness in long-term business expansion, and create value for the BCP group.

BCPG has a paid-up registered capital of THB 9.95 billion, consisting of 1,400 million existing common shares and 590 million newly issued shares, with a par value of THB 5 each. During September 14-16, 2016 it offered 55.91 million newly issued shares as pre-emptive right to specific group of shareholders; and during September 16, 19-20 it offered 534.09 million newly issued shares to the general public, institutional investors and BCPG’s benefactors at THB 10.00 each, for a total of THB 5.9 billion. Kasikorn Securities pcl, Finansa Securities Limited and TISCO Bank pcl were the financial advisors, while Kasikorn Securities pcl, Finansa Securities Limited and TISCO Securities Co., Ltd. were its underwriters.
BCPG Managing Director Bundit Sapianchai said that this listing would strengthen the BCPG group's financial capabilities. The fund raised would be for business expansion in renewable energy business both domestic and overseas markets, in line with the company’s mission to invest, develop and operate clean energy globally for sustainable growth.

BCPG's three major shareholders after IPO are Bangchak Petroleum pcl (70.4 percent), Wachiraphong Group (1.4 percent) and Aiyawat Sriwattanaprapa (1.0 percent).The IPO price was set by a book building process, equivalent to price per earnings ratio (P/E ratio) of 10.55 times. BCPG's P/E ratio was calculated by using the company's net profit in the past four quarters (July 1, 2015 –June 30, 2016) divided by fully diluted shares, representing earnings per share of THB 0.95. BCPG’s dividend policy is to pay no less than 40 percent of net profits after taxes and reserves.
For more information on BCPG, please see the company's prospectus at the Securities and Exchange Commission's website at and general information at the company's website at, as well as


Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                          September 28, 2016 Subsribe Now !
• S Korea biggest investor in VN Subcribe: Asean Affairs Global Magazine
• ADB says developing Asian economies are holding steady
• ANZ promotes financial literacy with MoneyMinded program
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Australia's Victoria state to invest in Indonesia's cold chain distribution
• Brunei’s healthcare sector projected for modest growth
Asean Analysis                  September 16, 2016
• Asean Analysis  September 16, 2016
Cambodia’s Hun Sen Picks Off the Opposition, One by One, Ahead of Elections
Advertise Your Brand

Asean Stock Watch   September 27 , 2016

• Asean Stock Watch-September 27, 2016
The Biweekly Update
• The Biweekly Update  September 16, 2016

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand