Thai Aromatics board backs merger with Rayong

23-Jul-07
The board of directors of Thai Aromatics (ATC), Thailand's largest aromatic petrochemical manufacturer, has approved a plan to merge with small refiner Rayong Refinery. The merged firm will have paid-up capital of 29.6 bln baht (US$993.3 mln). The combined firm would issue new shares to shareholders of both companies. Aromatics shareholders would get 1.524428135 shares in the new firm for each ATC share they own. The ratio for Rayong shareholders would be 0.516755300.
  More News  Post Your Comment
{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha
Complete Herbert Olbrich cushion vinyl flooring line

Complete Herbert Olbrich cushion vinyl flooring line