The Stock Exchange of Thailand (SET) will list Thai Coconut pcl, a manufacturer and distributor of coconut-based products such as coconut milk, coconut juice, coconut snacks and ready meals, on September 14 under the ticker symbol “COCOCO”. The company has a market capitalization at its initial public offering (IPO) of THB 8.09 billion (approx. USD 227.63 million).
SET Senior Executive Vice President Manpong Senanarong said that COCOCO will be listed and start trading on SET in the Agro & Food Industry industry group, Food & Beverage sector.
COCOCO produces and distributes processed products made from coconuts and fruits including canned coconut milk, UHT coconut milk, pasteurized coconut milk, canned coconut juice, UHT coconut juice, pasteurized coconut juice, coconut snacks and ready meals under the Thaicoco and Cocoburi brands. The company also manufactures coconut-based products for industrial use, and produces wet dog and cat food under the Moochie brand. Both are private-label and original equipment manufacturer (OEM) products available locally and internationally. In addition, COCOCO manufactures and sells healthy food made from plant-based protein as well as plant-based cheese and butter.
After IPO, COCOCO has a paid-up capital of THB 735 million consisting of 1.1 billion existing common shares and 370 million newly issued shares, with a par value of THB 0.50 each. It offered newly issued shares to the general public during September 4-6, 2023, at THB 5.50 each for a total fund raised of…
SET welcomes coconut-based product manufacturer “COCOCO” on Sept 14 – SET News
