Reports to the Stock Exchange
Stabilization of "IVL"
Stabilization of "IVL"
Indorama Ventures Public Company Limited (IVL)'s IPO included
an over-allotment of 60,000,000 shares, which were borrowed from
Indorama Resources Limited. The shares were allocated
to investors through an over-allotment agent,
Bualuang Securities Public Company Limited, which seeks
to procure them through the SET to return to the lender
under the following conditions:
Stabilization Period : 5 February - 6 March 2010
Price Conditions: The purchasing price of the over-allotment
must not be higher than any of the following:
- the offering price (10.20 Baht) or:
- the highest bidding price or:
- the last trading price at the time
Sign Posting : The SET will post an "ST" sign on the
security to inform investors of the stock's stabilization
during 5 February - 6 March 2010.
The procurement period may end before 6 March 2010
if the over-allotment agent can procure all of the
over-allotted shares and/or exercise a greenshoe option
to subscribe for shares from Indorama Resources Limited.
Indorama Ventures Public Company Limited (IVL)'s IPO included
an over-allotment of 60,000,000 shares, which were borrowed from
Indorama Resources Limited. The shares were allocated
to investors through an over-allotment agent,
Bualuang Securities Public Company Limited, which seeks
to procure them through the SET to return to the lender
under the following conditions:
Stabilization Period : 5 February - 6 March 2010
Price Conditions: The purchasing price of the over-allotment
must not be higher than any of the following:
- the offering price (10.20 Baht) or:
- the highest bidding price or:
- the last trading price at the time
Sign Posting : The SET will post an "ST" sign on the
security to inform investors of the stock's stabilization
during 5 February - 6 March 2010.
The procurement period may end before 6 March 2010
if the over-allotment agent can procure all of the
over-allotted shares and/or exercise a greenshoe option
to subscribe for shares from Indorama Resources Limited.