PSP Specialties to list on stock market

A lube production center and a circulation centre ran by PSP Specialties in Samut Sakhon. PSP Specialties Plc, Thailand’s biggest lube manufacturer by capability, strategies to raise funds through an preliminary public offering (IPO), with the expectation that the listing on the Stock Exchange of Thailand would assistance its strategy to evenmore grow the service. The business strategies to sell 350 million shares, or around 25% of its overall shares. The worth of each share has yet to be settled as PSP Specialties is preparing to organise a roadshow to publicise the business. CGS CIMB Securities (Thailand) is serving as the underwriter for the listing strategy. Sint Krongphanich, chief executive of PSP Specialties, stated part of the cash raised through the IPO would be invested on financialobligation payment after the acquisition of UC Marketing Co, a raw product and products distr
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