SAAM Gets off on a Rough Start on First Trading Day to Plunge 7% Lower its IPO Price
SAAM plunges 7.7% on its first trading day in mai to ฿1.66/share, lower than its IPO at ฿1.80/share.
8 ม.ค. 2562

Saam Energy Development Public Company Limited (SAAM) gets a rough start on its first trading day in mai. At 10:01, SAAM plunges ฿0.14, or 7.78% to ฿1.66/share, lower than its IPO at ฿1.80/share. The highest trading price is ฿1.75/share, while the lowest price is ฿1.62/share with ฿34.4 million in value.
SAAM’s business focuses on developing renewable power plant project for commercialization and investing in renewable power plant businesses. Its core businesses are classified into 3 groups which are 1. Procurement of project site and services in relation to renewable energy business 2. Renewable energy project investment business 3. Renewable energy project development for sales business.