Let’s get to know the Small Lot First allocation for the small number of shares to subscribe for equality. Then allocate the rest to cycle The last round is randomly If buying a lot, there is a chance of not getting all the stocks But received the remaining subscription money for the rest Found ORR shares open for subscription tomorrow (24 Jan) long to honest 2 February, relieving doubts. Can I sell it on the stock market?
From the case of the company PTT Oil and Retail Business Public Company Limited or OR (OR), a retail oil business operator PTT Station, Commercial Gas Business And retail businesses like Café Amazon Convenience Store Jiffy And a Tecus Chicken restaurant Will sell 2,610 million newly issued ordinary shares to the general public (IPO)
The retail subscriber will have a total of 595.70 million shares allocated to the subscription on Sunday January 24, 2021 through Kasikorn Bank. Bangkok Bank And Krung Thai Bank Either through the bank branches and through electronic channels such as websites or applications. You must subscribe for a minimum of 300 shares during the maximum price of 18 baht per share. After the announcement of the final offering price The difference will be refunded into the account or issued by check later.
When allocating the Small Lot First method, investors and some interested parties may wonder whether How is the allocation method?
Small Lot First Allocation is the allocation to the subscriber (shares) a small amount first. Which listed companies or infrastructure funds It is often used in the initial offering (IPO) through various channels such as asset management companies (asset management companies), selling by themselves, through commercial banks or securities companies. And allocated equally One subscription unit at a time Until the number of shares sold So that stocks can be widely distributed to retail investors
The advantage is that the small subscriber receives the minimum subscriber unit as thoroughly as possible.
For OR Whether to subscribe before and after Between 24 January 2021 from 9:00 a.m. to 2 February 2021 at 12:00 noon are eligible to be allocated in the same minimum amount. But the limitation is If a small subscriber buys a large number of shares May not be the full amount subscribed Which the difference will be refunded to the bank account or issued after the check
For OR Will use the Small Lot First share allocation method through a computer system of Settrade.com Co., Ltd., a subsidiary of the Stock Exchange of Thailand, in the first round of allotment that requires a minimum of 300 shares, and the person who buys a minimum of 300 shares. Have the right to share all shares as thoroughly as possible
The next round, for those who subscribe for more than 300 shares or more, 100 shares will be allocated at a time (Board Lot) around the times when the number of shares is insufficient to allocate to all subscribers. The remaining shares will be allocated randomly (Random) in the last round until the stocks run out. Which will have both people who have reached the total number of shares subscribed And did not complete the amount subscribed
Settrade.com will announce the names of allocated shares through the website. www.settrade.com Within 6 February 2021 and the first trading day on the Stock Exchange of Thailand on February 11, 2021.
To doubt that After subscribing for OR, what will be the allocation of shares?
If the investor already has a securities trading account (share portfolio) at the time of subscription Must fill in the name of the securities company, account name and account number. It must match the name of the securities trading account. When OR shares have entered the stock portfolio Can be traded in the market as usual
However, if there is no stock portfolio, there are 2 options: 1. Deposit your shares with Thailand Securities Depository Company Limited or TSD to account number 600 (Securities Depository). Shares can be transferred from account number 600 to a trading account. But must be the same person’s name
Or 2. Issuance of newly issued ordinary shares Delivered by registered mail within 15 working days from the end of the subscription period. If after opening the stock portfolio successfully Can transfer share certificates to securities accounts That is the same name as the owner of the share as well
In addition, there is a risk of investment. Investors should study information before making a decision to invest.
– .
