Polyplex Corporation has hiked its stake in Polyplex Thailand from 51.00% to 54.08%. This is pursuant to allotment of shares by Polyplex (Thailand) Public Company, Thailand (Polyplex Thailand), a company listed on the stock exchange of Thailand, to the company and its wholly owned subsidiary viz. Polyplex (Asia), Singapore, pursuant to the Rights offering of ordinary shares (including purchases from open market).
The company’s direct stake in Polyplex Thailand prior to allotment / market purchase of aforesaid shares was 16.50% and through its wholly owned subsidiary ‘Polyplex (Asia)’, the same was 34.50% and hence the collective stake was at 51.00%.
Besides, the rights offering of shares have been made by Polyplex Thailand, at a price of Baht 6.40 per share of the face value of Baht 1.00 each.
Company Name | CMP |
---|---|
Supreme Industries | 5266.70 |
Astral | 2159.60 |
Finolex Inds | 272.65 |
EPL | 191.55 |
Jain Irrigation Sys | 68.63 |
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