Another Tragedy for IPO shares! STI Slumps 9% on Its First Trading Day!
On its first trading day in mai market, STI edged lower to ฿5.75/share at the closing bell, fell low than its IPO at ฿6.30/share.
Stonehenge Inter Public Company Limited (STI) fell ฿0.55 or 8.73% to ฿5.75/share, lower than its IPO at ฿6.30/share, with ฿105 million in value on its first trading day. The highest of the day was ฿5.90/share while the lowest of the day was ฿5.50/share.
STI conducts business as a consultant, management and supervisor of construction work and architectural and engineering design, interior design and historical Conservation. Its recent works were The Emquartier, Terminal 21 (Korat), Pearl Bangkok, Bluport Resort Mall Hua Hin, and maintenancing project for Empire Tower.