Thailand's motor maker PIMO sets IPO share price at 1.30 Baht apiece

Thailand's motor maker PIMO sets IPO share price at 1.30 Baht apiece

Air conditioner motor product. Image from Pioneer Motor's website.

After a short delay in the launch of its initial public offering (IPO), Thailand-based Pioneer Motor PCL (PIMO) announced that its shares will be priced at 1.30 baht apiece and will be on offer between  August 3- August 5 period, according to the company’s statement released on last Friday. The company will start trading on Market for Alternative Investment on August 13.

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