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Bangkok Post
Bangkok Post
Business

MORE chief aims to snap up shares

An investor looks at an electronic display of stock indices at a stock brokerage. (Photo: Pornprom Satrabhaya)

The president and chief executive of More Return Plc (MORE) is planning to seek new partners to soak up the company's 1.5 billion shares now in the hands of more than 10 securities firms for 1 baht apiece, down from the last publicly traded price of 1.37 baht before the stock was suspended from trade on Nov 14.

Speaking to the public for the first time since the news broke about suspicious trading of MORE stocks that led to the suspension on Monday, Ummarit Llomchitcharoen said on Tuesday he checked with other major shareholders about the abnormal buy and sell orders of the company's shares on Nov 10-11.

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