Sansiri is considering going on a roadshow to sell its new shares before Chinese New Year after the company’s Siri-W1 warrants start trading on the Stock Exchange of Thailand tomorrow.


“If our warrant’s price rises following demand in the market, we believe that our shares also will get positive feedback from investors,” president Srettha Thavisin said yesterday.

The residential developer believes that its new share sale will be successful before the first quarter of this year when its shares are selling higher than its target price of Bt4.28 per share.

Sansiri’s stock closed yesterday at Bt4.48, up Bt0.12 from Friday.

The company’s warrants also received a warm welcome from the market.

About 737 million warrants were issued. The warrants can be exercised at Bt5.20 per share starting two years after the issue date of January 20.

The term of the warrants is five years.

Sansiri to push new shares before New Year – Nationmultimedia.com.

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Stock Exchange of Thailand welcomes property developer PEACE

PEACE is a real estate developer focusing on low-rise residential properties for sales, consisting of single-detached houses and townhomes, mainly in Greater Bangkok.

Hotel sector continues to face challenges in Asia Pacific

The quarter was also marked by the partial reopening of Thailand to international visitors with the launch of the Sandbox initiative in Phuket and Koh Samui.

Thailand’s liveability ranking sinks amidst Covid-19 restrictions and environmental concerns

Thai cities have fallen out of the global top 100 most liveable locations for expatriate workers from East Asia, with Bangkok and Chiang Mai placed at 115th and 118th in the latest Location Ratings survey respectively