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Bangkok Post
Bangkok Post
Business

AAI sets IPO share price ahead of November listing

A conveyor belt delivers boxes of the Monchou Balanced brand of pet food at its factory.

Asian Alliance International (AAI), a manufacturer of ready-to-eat food and pet food, expects the company's common shares to be listed on the Stock Exchange of Thailand (SET) in the first week of November.

With total paid-up capital of 1.7 billion baht, AAI would offer 637.5 million shares from its 1.7 billion total ordinary shares in an initial public offering (IPO) for 5.55 baht each.

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