TRADING OF NEW PTT SHARES ON THE CARDS

Corporate February 22, 2018 01:00

PTT expects to start trading shares at a new par value of Bt1 apiece between April and May in order to boost the proportion of retail investors.



The move is expected if a meeting of shareholders, scheduled for April 12, approves the change in the par value of its share from Bt10 to Bt1 each, |said Tevin Vongvanich, president and chief executive officer at PTT.

"The change aims for a higher proportion of retail investors holding PTT shares. Previously, retail investors held 6-7 per cent stake in PTT. Now, the figure has declined to 4 per cent," he said. 

PAKORN TO HEAD SET 

A meeting of Stock Exchange Thailand's board of governors yesterday appointed Pakorn Peetathawatchai as the next and 13rd president, succeeding Kesara Manchusree.

Pakorn's four-year term will take effect on June 1 this year. Currently,Pakorn, 54, is SET's senior executive vice president.

 

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