AWC stock opens at 6.05 baht per share on first day of trading

AWC stock opens at 6.05 baht per share on first day of trading

AWC stock opens at 6.05 baht per share on first day of trading

Khun Charoen Sirivadhanabhakdi (centre), Chairman of The Board; Khunying Wanna Sirivadhanabhakdi (4th right), Vice Chairman of The Board; and Khun. Wallapa Traisorat (3rd right), CEO and President of Asset World Corporation (AWC), along with Dr. Pakorn Peetathawatchai (4th left), President, the Stock Exchange of Thailand, and AWC’s financial advisors and/or underwriters celebrated the company’s first day of trading on October 10, 2019, hosted at the Stock Exchange of Thailand (SET). AWC stock opened at Baht 6.05 per share, accounting for an 0.83% increase from the offering price, with a total market capitalisation value at IPO price of Baht 185,742 million, making it the largest listed company in the entire history of the Stock Exchange of Thailand. AWC’s listing marked the company’s major milestone achievement as Thailand’s leading integrated lifestyle real estate group emerging as an industry leader in Asia.  

Photo shows: 

• Mr. Charoen Sirivadhanabhakdi (center), Chairman, Asset World Corporation

• Khunying Wanna Sirivadhanabhakdi (4th right), Vice Chairman, Asset World Corporation

• Mrs. Wallapa Traisorat (3rd right), CEO & President, Asset World Corporation 

• Dr. Pakorn Peetathawatchai (4th left), President, the Stock Exchange of Thailand 

• Mr. Manpong Senanarong (3rd left), Senior Executive Vice President - Head of Issuer Marketing Division, the Stock Exchange of Thailand 

• K. Deja Tulananda (far left), Chairman of the Board of Executive Directors, Bangkok Bank Public Company Limited.

• K. Predee Daochai (2nd left), President, KASIKORNBANK Public Company Limited and Chairman of the Board, Kasikorn Securities Public Company Limited.

• Mr. Banyong Pongpanich (far right), Chairman of the Executive Committee, Kiatnakin Bank Public Company Limited

• K. Arthid Nanthawithaya (2nd right), CEO & Chairman of the Executive Committee, Siam Commercial Bank Public Company Limited.

Asset World Corp Public Company Limited or AWC is a member of TCC Group and is one of the leading and most trusted real estate companies in Thailand. AWC is a real estate holding company with a diverse portfolio of iconic and award-winning retail, commercial and hotel properties all across Thailand, which can be divided into two groups. First is Hospitality group comprising hotels managed and operated by the world’s leading hotel chains, including Marriott, The Luxury Collection, Okura, Le Méridien, Banyan Tree, Hilton, DoubleTree by Hilton, Sheraton and Melia. Second is Retail and Commercial Building group, comprising Retail and Wholesale group which includes unique tourist destinations, community shopping malls, community markets and wholesale spaces, including such well-known projects as Asiatique the Riverfront, Gateway at Bangsue, Pantip Plaza Pratunam and Tawanna Bangkapi; and Office Building group with prominent projects in highly sought-after central business district locations in Bangkok, including Empire Tower, Athenee Tower, and others.


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