VL Debuts the First Trading Day with a Shaking Leg, Falling 10% from IPO Price to ฿1.58!

VL opened its first trading day in mai at ฿1.58/share, plunged ฿0.17/share or 9.71% from its IPO ฿1.75/share with a trading value of THB 35 million.


V.L. Enterprise Public Company Limited (VL) opened its first trading day in mai at ฿1.58/share, plunged ฿0.17/share or 9.71% from its IPO ฿1.75/share with a trading value of THB 35 million. The highest price was ฿1.60/share and the lowest was ฿1.58/share.

 

VL has 800 million shares of paid-up stock with a par value at ฿0.50, totaling THB 400 million of paid-up capital. The company had offered 280 million shares of IPO at the price of ฿1.75/share.

VL operates sea transportation service for petroleum and chemical product (Cargo). The Cargo could be classified into 5 categories 1. Crude Oil 2. Dirty Oil 3. Clean Oil 4. Lubricant Oil 5. Palm Oil.

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