Sanko Diecasting (Thailand), the maker of high-pressure die-cast components for the automotive industry, plans to list on the Market for Alternative Investment in the second quarter to raise funds for business growth.
Sanko, with paid-up capital of 88 million baht, has three major shareholders _ JTW Asset (50.35%), Vnet Capital (27.95%) and Masami Katsumoto (21.25%).
The company plans to boost its capital to 110 million baht with the float of 44 million new shares at 50 satang par value. Capital Nomura Securities is the financial adviser for the listing.
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