Economy
Frontline Engineering (FLE) Sets IPO Price at 1.23 Baht
Frontline Engineering has announced its IPO price and subscription dates as it prepares for a listing on the Market for Alternative Investment (mai).
According to a report by Khaosod Online Thailand, Frontline Engineering Public Company Limited (FLE) has officially set its initial public offering (IPO) price at 1.23 baht per share. The company is preparing to list its shares on the Market for Alternative Investment (mai) within the third quarter of 2026.
Subscription for the shares is scheduled to take place on August 21, 24, and 25, 2026. Mr. Parinya Wongphetkhao, Senior Director of Investment Banking at Phillip Securities (Thailand), which serves as the lead underwriter, expressed confidence that the offering will receive a positive response from investors.
For residents and those interested in the Thai financial market, this listing represents a new investment opportunity in the engineering sector. While the pricing and subscription schedule have been finalized, the exact date for the commencement of trading on the mai remains to be confirmed. Potential investors should monitor official announcements from the Stock Exchange of Thailand for further updates regarding the company's debut on the exchange.