SCG Packaging Plc (SCGP), a subsidiary of Siam Cement Plc, debuted shares on the Stock Exchange of Thailand (SET) on Thursday and closed at 35 baht, the same value as its initial public offering (IPO), making it the largest listing this year with a total market capitalisation of 170 billion baht.
SCGP opened at 37 baht per share and closed at 35 baht in trade worth 11.86 billion baht.
The SET index fell 0.2% to close at 1,213.61 points in trade worth 66.26 billion baht.
Asia Plus Securities said SCGP traded at…