Facebook’s Zuckerberg to Sell 41.35 Million Shares in Offering
Thailand Stock Movers: Electricity Generating, Rojana, Tong Hua
Shares of the following companies had unusual moves in Thailand trading. Stock symbols are in parentheses and prices are as of the 12:30 p.m. break in Bangkok.
The SET Index (SET) rose for a sixth day, climbing 0.4 percent to 1,193.15, headed for the highest close since May 9.
Electricity Generating Pcl (EGCO) , a power producer, gained 1.3 percent to 115 baht. The company completed the acquisition of an 8-megawatt solar-power plant from SunEdison LLC on June 28, it said in a regulatory filing.
Rojana Industrial Park Pcl (ROJNA TB) climbed 4.1 percent to 8.95 baht, poised for the highest close since Aug. 30. Rojana plans to spend 4 billion baht ($126.7 million) to develop an industrial park in Prachin Buri province, the English-language Bangkok Post newspaper reported, citing Managing Director Jirapongs Vinichbutr. Jirapongs wasn’t available for comment after a call to his office.
Tong Hua Communications Pcl (TONHUA) , a newspaper publisher, jumped 12 percent to 8.50 baht, poised for the highest close since August 2004. The company will sell 240 million shares to existing shareholders at 1 baht each, it said in regulatory filing yesterday. It also will offer another 500 million shares to a group of investors, it said.
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