San-Thap International Co.,Ltd. announced that it expects to receive THB 200 million in funding from Sanyo Trading Co., Ltd.
January 15, 2018
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San-Thap International Co.,Ltd. announced a private placement of 2,000,000 shares at an issue price of THB 100 per share for gross proceeds of THB 200,000,000 on January 16, 2018. The transaction will involve participation from Sanyo Trading Co., Ltd. (TSE:3176). The expected payment date of the transaction is late February 2018. The transaction was approved by the board of directors of the investor.
Sanyo Trading Co., Ltd. is engaged in the trading of rubber, chemicals, machinery equipment, scientific equipment and automobile parts. The Company operates in four segments. The Chemical segment offers synthetic rubber, auxiliary materials for rubber, natural rubber, medical-related materials, plasticizer, resin tube, reclaimed rubber, adhesives, synthetic resins, ink, industrial gases, pesticides, ceramics, various films, pigment, pharmaceutical intermediates, perfumes and surfactants, among others. The Machinery and Equipment segment offers environment-related equipment, test equipment, measuring equipment, industrial instrumentation, thermal processing equipment and others. The Overseas Subsidiary segment offers synthetic rubber, natural rubber, medical-related materials and various films, among others. The Domestic Subsidiary segment offers industrial drugs, oil drilling devices and others. The Domestic Subsidiary segment provides oil, natural gas and geothermal drilling products.
SANYO TRADING CO., LTD. 