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Bangkok Post

Business

KJL plans to list on MAI to modernise production

Kijcharoen Engineering Electric Plc (KJL), a maker of electrical cabinets and cable systems, is planning to offer 30 million of its shares in an initial public offering (IPO) on the Market for Alternative Investment (MAI) by the end of this year.

Mr Kasemsan expects a listing by year-end.

According to Yuanta Securities (Thailand), which was appointed as KJL's financial advisor for the IPO, the 30 million shares would be priced with a par value of 0.50 baht each, representing 25.8% of the company's total shares.

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