TQR opens with a flurry, gaining 200%
Investors interested despite weak day
TQR Plc, a reinsurance arm of TQM Corporation, made a strong debut on the Market for Alternative Investment (MAI) on Wednesday, with its share price bucking an otherwise weaker market to close up 200% at 15.30 baht.
TQR is the first MAI-listed reinsurance broker, following its parent company TQM, which was listed on the Stock Exchange of Thailand (SET) at the end of December 2018.
Chief executive Chanaphan Piriyaphan said the company has allocated 40 million baht to improve operational…
