Bangkok Life Assurance IPO

There is a new IPO planned by an Insurance firm in Thailand. The IPO is expected in August. The firm which is bringing out the IPO or Initial Public Offering is Bangkok Life Assurance PCL, which is a sister concerned company of Thailand's biggest lender Bangkok Bank.

When is the Bangkok Life Assurance IPO expected to open for subscription/application?
The Bangkok Life Assurance IPO will come to the markets by August, 2008.

What is the price per share of Bangkok Life Assurance IPO?
The Bangkok Life Assurance IPO shares have been priced at the rate of around 5 baht per share. This price estimate is derived from the expected size of the Bangkok Life Assurance IPO and the total number of shares to be sold.

What is the expected size of the Bangkok Life Assurance IPO?
The Bangkok Life Assurance IPO expects to raise around 1 billion baht through the initial public offering.

How many shares will be offered for sale through the Bangkok Life Assurance IPO?
A total of 200 million shares will be offered for sale through the Bangkok Life Assurance IPO.

Where will the capital raised or IPO proceeds be used by Bangkok Life Assurance IPO?
The Bangkok Life Assurance IPO proceeds will be used to fund its expansion plans.
According to a recent filing with Thailand's Securities and Exchange Commission, Bangkok Bank and the founding Sophonpanich family will see their combined holding in Bangkok Life diluted to 39.9 percent after the IPO from a current 47.9 percent.

Japan's biggest insurer, Nippon Life Insurance Co, would also see its holding in the Thai insurer diluted to 20.83 percent from 25 percent now.Let’s see how this Bangkok Life Assurance IPO performs in the markets.

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Synnex IPO Thailand

The stock markets in the eastern Asia is buzzing with IPO’s. The technology firm, Synnex from Thailand, is all set to come out with an IPO or initial public offering.
Synnex is an affiliate of Taiwan's Synnex Technology

What is the size of the Synnex IPO?
The Synnex IPO from Thailand is expected to raise around 522 million baht ($16 million) from the IPO or initial public offering.

When will the Synnex IPO Thailand open for subscription?
The Synnex IPO from Thailand is expected to open in the next month of June, between 4th and 6th June, 2008.

What is the price of Synnex IPO?
The Synnex IPO shares have been priced at 2.9 baht per share. The indicative price range was 2.9-3.3 baht and hence the shares of Synnex IPO have been priced at the lower side of the price band.

What is the business valuation of Synnex IPO?
Synnex sells computers, software and information technology systems.
T.K.S. Technologies TKS.BK, a Thai digital printing and IT firm, owns 50 percent of the firm, while Synnex Technology, the world's No. 3 electronics distributor, indirectly holds 49 percent via its investment arm King's Eyes Investments Ltd.

What are the shareholding pattern of Synnex IPO from Thailand?
T.K.S.'s holding will be diluted to 35 percent and those of Synnex Technology to 34 percent after the IPO, which would raise Synnex (Thailand)'s registered capital to 705 million baht from 500 million baht, it said.
Synnex (Thailand) plans to sell 180 million new shares, or 25.53 percent, of which 57 million shares are to be offered to T.K.S. Proceeds from the share sale would be used to finance its expansion

Capital Nomura Securities CNS.BK being financial adviser and lead underwriter. Let’s see how this IPO from Synnex Thailand performs in the Italian Markets.

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Tap Water Supply (TTW) IPO Review

One more IPO in the Thailand market, this time it is from the utility sector. Like the American Water Works IPO (Read Review) the Thai utility firm Tap Water Supply (TTW) is planning to come out with its IPO or initial public offering, to sell its shares through the book building process in the primary markets.

When will the Tap Water Supply (TTW) open for IPO subscription?
The Tap Water Supply (TTW) IPO will open in may 2008.

How much stake will be sold through the Tap Water Supply (TTW) IPO?
Around 25% os the company’s stake will be sold through the Tap Water Supply (TTW) IPO.

How many shares will be sold through the Tap Water Supply (TTW) IPO?
Around 1 billion shares, which will include 700 million new shares and 300 million shares of existing shareholders.

How much capital would be raised from the Tap Water Supply (TTW) IPO?
As per the estimates, the Tap Water Supply (TTW) IPO could raise around 3 to 4 billion Thai Bhat or (95 to 125 million USD)

Where will the Tap Water Supply (TTW) IPO proceeds be used?
The purpose of the Tap Water Supply (TTW) IPO is to use the capital raised to repay the debts.

Where does the business valuation of Tap Water Supply (TTW) stand right now?
TTW, majority-owned by construction firm Ch Karnchang CK.BK, would conclude the IPO price range by the end of this week.

Related: Esso IPO Review

TTW has a 30-year contract to supply tap water to Nakhon Pathom and Samut Sakorn provinces near Bangkok. Subsidiary Pathum Thani Water has a 25-year contract to supply tap water to Pathum Thani province, north of the capital.

Let’s see how this Tap Water Supply (TTW) IPO performs in the Thai stock markets.

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