Sign up | Log in



Home  >>   Daily News  >>   Thailand News  >> Capital Markets  >> Thai alternative bourse to list WINNER on October 3
NEWS UPDATES Asean Affairs   3 October 2013  

Thai alternative bourse to list WINNER on October 3   
The Stock Exchange of Thailand (SET) welcomes Winner Group Enterprise pcl to its Market for Alternative Investment (mai). The company will list and start trading on October 3 under the ticker symbol "WINNER", after raising THB 176 million (USD 5.68 million) through an initial public offering (IPO).
SET Senior Vice President Paveena Sriphothong said that Winner was an importer, producer, and distributor of food ingredients, and food additives for the food processing factories and bakery factories from a variety of global suppliers and has its own brand. The company also represents for consumer products such as Pop Secret microwave popcorn, Nature Valley granola bars and Betty Crocker bakery flour, and more than 500 other products.      

WINNER has a paid-up registered capital of THB 100 million, with a par value of THB 0.25 each, consisting of 312 million existing common shares and 88 million newly-issued shares. The new share issues were offered through an IPO on September 25-27 at THB 2.00 per share, for a total of THB 176 million. Thanachart Securities pcl is the company's financial advisor and underwriter.
Jane Wongisariyakul, managing director, said that the company was honored and pleased to raise funds and list on mai. Fundraising proceeds would be used for working capital, business expansion, and investment in warehouse expansion and IT, which would boost the company’s strength and growth prospects.  

WINNER's three major shareholders after the IPO are the Wongisariyakul family (50.56 percent), Rojchanavisart family (8.25 percent), and Tantanavivat family (3.32 percent). The IPO price had a price-earnings (P/E ratio) of 9.2 times, calculated using earnings over the last four quarters (from the third quarter of 2012 to the second quarter of 2013), divided by the number of fully-diluted shares, or earnings per share at THB 0.22, compared with an average P/E ratio in the related industry of 18.8 times (between August 16 and September 16) The company's dividend policy is to pay no less than 50 percent of net profits after corporate taxes and reserves.

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    3  October 2013 Subsribe Now !
• Thai alternative bourse to list WINNER on October 3 Subcribe: Asean Affairs Global Magazine
• Philippines, Malaysia to receive $4.5M environment grant Asean Affairs Premium
• Tourist arrivals in Indonesia reach 5.6 million
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• China's Xi due in Indonesia on first Southeast Asia trip
• Southeast Asia oil bill to hit US$240b by 2035: IEA
• Thailand to sell 300,339 tonnes of stockpiled rice
• Lao Airlines set to resume flights to Phnom Penh
Asean Analysis           2 October  2013 Advertise Your Brand
• Asean Analysis- October 2, 2013
US-ASEAN Business Council Praises Vietnam's Reforms, Urges Further Action
• Asean Analysis- October 2, 2013
Burma: Imprisonment of Arakan Human Rights Defenders Exposes Government’s Continued Complicity in Corporate Human Rights Abuses
• Asean Weekly:The Biweekly Update 20 September 2013
Asean Stock Watch     2 October  2013
• Asean Stock Watch-October 2, 2013 

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