Sign up | Log in



PR Today

Home >> Press Release

Thai bourse to list Thai Foods Group on October 8

BANGKOK, October 7, 2015 – The Stock Exchange of Thailand (SET) will list Thai Foods Group pcl, one of the leading fully integrated poultry and pig producers, on October 8, under the ticker symbol “TFG”. The company meets listing requirement by using market capitalization’s criteria with market capitalization at its initial public offering (IPO) of THB 9.95 billion (approx. USD 276.3 million).

SET Executive Vice President Santi Kiranand said TFG would list and start trading on SET’s Agro & Food industry, Food & Beverage sector on October 8.  The company, an integrated livestock producer, had expertise in poultry and pig based in both Thailand and Vietnam. TFG’s poultry business operation covered parent stock farms, meat farms as well as processing. The products could supply both the domestic market and export to Japan and Europe. TFG’s pig business consisted of parent stock farms and sales. TFG also produced and sold animal food, mainly produced to supply its group.

TFG has a paid-up registered capital of THB 5.1 billion, consisting of 4 billion existing common shares and 1.1 billion newly-issued shares with a par value of THB 1.0 each. It offered newly-issued shares to the general public via IPO during September 29 to October 2, at THB 1.95 each, for a total of THB 2.15 billion. KT Zmico Securities Co., Ltd. is its financial advisor and underwriter.

TFG’s CEO Winai Taewsomboonkit said the fund raised would be used to expand its main business, invest in chicken meat processing, pig business and animal feed business, as well as for working capital and debt repayment. This listing would strengthen the financial capability and enhance Thailand’s leadership role in the chicken meat producer and pig farm business, while expanding global distribution channels.

TFG’s three major shareholders after the IPO are Mr.Winai Taewsomboonkit Group (79.07 percent), Mr. Ek Ngamtippan (1.26 percent), and KT ZMICO Securities Company Limited (1.16 percent). The IPO price was set by a book building process. The IPO method was based on market capitalization criteria. TFG’s dividend policy is to pay no less than 50 percent of net profits after taxes and reserves.

For more information on TFG, 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                           October 9 , 2015 Subsribe Now !
• SBV reduces control of 3 banks Subcribe: Asean Affairs Global Magazine
• Malaysia mulls over plan to buy electricity from Laos
• Brunei GDP seen to contract 1.2% this year: IMF 
Research Reports
on Thailand 2007-2008

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

• Tax collections reflect increased payment options
• Indonesia cuts energy prices in new stimulus measures
Asean Analysis                   September 24, 2015
• Asean Analysis September 24, 2015
Advertise Your Brand

Asean Stock Watch  October 8,   2015
• Asean Stock Watch-October 8, 2015
The Biweekly Update
• The Biweekly Update September 18, 2015

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

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2019 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand