Shares in Thailand’s Sri Trang Agro-Industry (SRTA.SI), the world’s biggest rubber producer and exporter, fell 5% on Monday on the Thai stock exchange.
Posts Tagged ‘sri’
Sri Trang opens 4.2% lower in Singapore debut
January 31st, 2011 |
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Shares of Thailand’s Sri Trang Agro-Industry (SRTA.SI), the world’s biggest rubber producer and exporter, opened below their issue price on their Singapore debut on Monday.
Around 9:00 a.m., Sri Trang was traded at $ 1.17, which is roughly equal to 28 baht . The shares opened at $1.15 or about 4.2% below the Singapore issue price.
Jan 31: SIA, Olam, SMRT, Sri Trang
January 31st, 2011 |
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The following companies may have unusual price changes in Singapore trading. Stock symbols are in parentheses, and share prices are from the previous close. Singapore’s Straits Times Index gained 0.3% to 3,229.69.
Biosensors International Group (BIG SP): The maker of drug-coated stents used to treat blocked arteries said third-quarter profit rose 8% to $13.3 million a from a year earlier. The stock was unchanged at $1.14.
Thai Sri Trang to raise $336m in Singapore IPO; shares skid: Update
January 26th, 2011 |
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Sri Trang Agro-Industry Pcl (STA.BK), the world’s biggest rubber producer and exporter, plans to raise $336 million in an initial public offering in Singapore, according to a term sheet seen by Reuters.
After a flurry of confusing statements on Wednesday, when the company first said it had scrapped the IPO because of unfavourable market conditions and then corrected itself, it set a price of $1.20 per share for the IPO.
Sri Trang Agro off 10.9%; low Singapore offer price
January 26th, 2011 |
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Sri Trang Agro-Industry (STA.TH) tumbles 10.9% to THB32.75 after the rubber processor set the final offering price for its dual listing on the Singapore Exchange at $1.20/share, or THB29/share, below the maximum offer price of $1.60, amid some investor concerns about Asian markets’ relative value in recent weeks, a person familiar with the transaction tells Dow Jones.
Sri Trang Agro shares slump after setting Singapore IPO price
January 26th, 2011 |
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Sri Trang Agro-Industry Pcl shares fell the most since August 2005 in Bangkok trading after saying it will sell stock in Singapore at $1.20 a share.
The stock fell as much as 16% to 31 baht as of 11:31 a.m. local time.
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Thai Sri Trang sets Singapore IPO price at $1.20
January 26th, 2011 |
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Thailand’s Sri Trang Agro-Industry Pcl (STA.BK) said on Wednesday it had set its Singapore initial public offering price (IPO) at S$1.20 per share, some way below the maximum price of $1.60 it had announced before book-building.
The company’s shares will resume trading in Bangkok at 11:30 a.m.
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Sri Trang says to fix Singapore IPO price Tuesday
January 25th, 2011 |
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Thailand’s Sri Trang Agro-Industry Pcl (STA.BK) said it had delayed fixing a price for its Singapore IPO to Tuesday from Monday due to unfavourable market conditions.
The Thai stock exchange halted trade in Sri Trang stock for a second day on Tuesday pending a pricing announcement, the company said in a statement.
The main Thai index <.SET> fell 4.3% on Monday.
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Thai bourse halts Sri Trang before S’pore news: Update
January 25th, 2011 |
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The Thai stock exchange suspended trading in rubber producer Sri Trang Agro-Industry Pcl (STA.BK) on Monday ahead of the pricing of a Singapore initial public offering (IPO), which has depressed its share price in Bangkok.
The world’s largest processor of natural rubber is expected to raise up to $360 million through its listing on the Singapore exchange.
Singapore is a big centre for rubber trading and the company already has a subsidiary there.
Thai bourse halts Sri Trang before Singapore IPO news
January 24th, 2011 |
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The Thai Stock Exchange said it had suspended trading in Sri Trang Agro-Industry Pcl (STA.BK) on Monday ahead of an announcement on the pricing of its Singapore initial pubic offering (IPO) later in the day.
The company is expected to raise up to $360 million (through a listing in Singapore.
The rubber maker has set the IPO price at maximum $1.60 per share, it said in a statement to the Thai stock exchange.
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Sri Trang said to seek $361m in Singapore sale: Update
January 13th, 2011 |
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Sri Trang Agro-Industry Pcl, Thailand’s biggest publicly traded rubber producer, wants to raise about $280 million ($361 million) from a share sale in Singapore, according to the term sheet obtained by Bloomberg News.
Krishna to visit Sri Lanka to review progress of bilateral projects
November 25th, 2010 |
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External Affairs Minister S. M. Krishna will undertake a four-day visit to Sri Lanka beginning on Thursday, where he will participate in the seventh India-Sri Lanka Joint Commission meeting to review the progress of bilateral projects between the two nations. During his visit, Krishna will call on Sri Lankan President Mahinda Rajapaksa and Prime Minister [...]
Sri Lanka celebrates Rajapaksa’s re-inauguration with world’s ‘biggest rice cake’
November 19th, 2010 |
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The world’s biggest ever ‘kiribath’, or rice cake, has been prepared in Sri Lanka to celebrate the re-inauguration ceremony of Mahinda Rajapaksa as the country’s President on Friday. Rajapaksa took the oath of office on an open-air stage outside his seafront office. According to the BBC, some 12,000 kilograms of white rice, 1,500 coconuts and [...]
Abandoning the Capped Oil Well: What Could Possibly Go Wrong?
July 22nd, 2010 |
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BP will leave the cap on the oil well while it vacates the area for a number of days to avoid the coming tropical storm.What could possibly go wrong?One expert warns that increasing pressure might have an unintended danger: Bill Gale, a Califor…
Mercator wins $43m contract to transport coal to Sri Lanka for 4 years
June 23rd, 2010 |
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Mercator Lines (Singapore), the leading Indian-owned international dry bulk shipping company focused on high growth markets such as India and China, says it has entered into a four-year Contract of Affreightment (COA) with a state-owned Sri Lankan company.
Ban Ki-Moon appoints expert panel to find evidence on tribunal war crimes in Sri Lanka, Australian lawyers join hands
April 29th, 2010 |
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It has been a year that Sri Lanka started its ending offensive in opposition of Tamil Tiger rebels but still an international tribunal is continued to alleged war crimes.
UN Secretary General, Ban Ki-Moon has planned to build a panel of experts who could look efficiently into a tribunal that is referred by the Sri [...]
Salman, the new Mogambo in Mr. India Sequel ?
April 25th, 2010 |
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For last lot of time , Bonny Kapoor is planing to start MR. India Sequel , Now News in the AIR Salman Khan is enter in the film and do the Amrish puri part.
Talking about Salman, it’s only natural that we ask Boney about the sequel to Mr India, in which Salman is reported [...]
Tight security for Sri Lankan poll Thursday
April 7th, 2010 |
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Thousands of police and military personnel will be deployed across Sri Lanka during Thursday’s parliamentary election, an official said.
Combined military and police personnel will be deployed to prevent recurrence of violence that marred the poll campaign since the declaration of the election Feb 9, Xinhua reported Wednesday citing Inspector General of Police Mahinda Balasuriya.
“We will [...]