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Kudun and Partners represents Yong Concrete PCL on its IPO with a market capitalization of THB 1.7 billion (approx. USD 47.15 million).
Kudun and Partners represented Yong Concrete Public Company Limited, one of the largest manufacturers and distributors of precast and ready-mixed concrete products in central and western Thailand, with respect to its IPO with a market capitalization of THB 1.7 billion (approx. USD 47.15 million). At the opening of this first trading day, the company received an 80% increase in its IPO subscription price from THB 2.50 per share to THB 4.50 per share.
The transaction was led by Ekachai Chotpitayasunon, partner of Kudun and Partners together with associates; Viparat Timprathuang, Kwanchanok Khunanukhun, Nichapat Anantaseriwittaya and Thanyawan Khositapha.