BBGI Plc, the biotechnology arm of Bangchak Corporation Plc, remains confident about its business expansion plan, supported by ongoing fundraising under the company's initial public offering (IPO) programme that began yesterday.
The price of BBGI opened at 10.1 baht per share in the morning, which was 3.8% lower than the subscription price of 10.5 baht. The price improved to reach 10.5 baht in late afternoon trading.
Kittiphong Limsuwannarot, chief executive of BBGI, said the company is determined to become a leader in developing new products based on sophisticated technologies.