PACO seeks approval for 260 million share IPO

President Automobile Industries Public Company Limited or PACO is a manufacturer and distributor of aftermarket automotive air conditioning spare parts to the domestic and international market in North and South America, Europe, Australia, and Asia. PACO has filed for an initial public offering (IPO) with The Security and Exchange Commission, Thailand (SEC) to be listed in the Market for Alternative Investment (mai). PACO will offer 260 million shares or 26% of total paid shares at the par value of 0.50 Baht per share. Kingsford Security PCL or KFS is the financial advisor and underwriter for PACO. 

Leave A Comment

Your email address will not be published. Required fields are marked *