Shareholdersrepresenting just 30% of the shipowner’s stock took up the one for oneoffering, Jutha confirmed Friday.
TheThai-based shipowner had been looking to offer just over 108.5m new shares at THB 4.5 each, buthas been left with 76.1m unclaimed.
After deducting costsJutha, which operates a fleet of multipurpose vessels, has raised some THB 144m($4.4m).
Juthasaid it board will now have the authority to allocate the leftover shares tospecific investors such as institutional investors.
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