Leading car importer and distributor Millennium Group Corporation (MGC-Asia) is aiming to mobilise funds from the Thai stock market in the second quarter of this year to support its expansion and diversification, buoyed by the reduction in Covid infections.
MGC-Asia submitted a listing proposal to the Stock Exchange of Thailand (SET) to float 336 million ordinary shares, accounting for 30% of the company’s shares, in the initial public offering (IPO). Finansa Securities was appointed as its financial advisor.
Chief executive Sunhavut Thamchuanviriya said MGC-Asia aims to expand products and services in order to meet the…
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