English | 简体中文 | 繁體中文 | 한국어 | 日本語
Thursday, 12 October 2017, 02:00 HKT/SGT
Share:
    

Source: Decker & Co.
Decker & Co Places Plan B Media (PLANB TB) Shares in Overnight Placement with Eight Global Funds

SAN FRANCISCO, CA, Oct 12, 2017 - (ACN Newswire) - Institutional equities broker Decker & Co. announced today the completion of an overnight stock placement of shares of Plan B Media PCL (PLANB TB). The transaction closed prior to Bangkok market-open on Wednesday, October 11.

"A collection of eight tier-one global investment funds supported this transaction," said Mark Decker, founder and CEO of Decker & Co., which has offices in the U.S. and Asia.

Decker said, "Plan B Media has dynamic leadership, and that is what foreign funds were drawn to the company's ability to grow market share and become a regional powerhouse is unquestioned."

The selling shareholders in the approximately 1 billion Thai baht transaction included the company's founder and CEO Mr. Palin Lojanagosin.

Decker said, "The strong international appetite for this overnight placement is a testament to how Plan B Media has changed the face of media in Thailand -- and how global investors continue to be focused on high-quality businesses."

In August, executives from Plan B Media (www.planbmedia.co.th/index), including Mr. Palin Lojanagosin, were hosted in the US by Decker & Co. for a non-deal roadshow, meeting with global investment funds to share the company's growth plans, which include international expansion, development of new media assets, and expansion in business areas such as airport media, digital advertising, agency services, and sport marketing.

About Decker & Co.

Decker & Co. is the only boutique brokerage based in the U.S. covering all of Asia. Its principals have been among the leading experts in Asian markets since the 1990s. The firm's clearing partner is Convergex Execution Solutions. Learn more at www.deckerco.com.

SAFE HARBOR
The information in this release may be based on management forecasts and reflects prevailing conditions and our views as of this date, all of which are accordingly subject to change. Past performance is not an indication of future performance.

Contact:
Ben Bishop
The Lowe Group
+1 414 777 1880
[email protected]



Source: Decker & Co.

Topic: Issue of Stocks/Bonds
Sectors: Investors/Exchanges, Daily Finance
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2017 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
Asia Allied Infrastructure Concludes HK$900 Million Loan Facility Agreement  
Oct 17, 2017 16:06 HKT/SGT
Astana International Financial Center (AIFC) and EXANTE agree to the development and promotion of crypto-assets markets in Kazakhstan  
Oct 17, 2017 15:00 HKT/SGT
Helsinn Pharmaceuticals (Beijing) Co. Ltd. Opens Office in Shanghai, China  
Oct 17, 2017 14:30 HKT/SGT
"MSS Forum" Launched to Promote the Establishment of a De Facto Standard for Olfactory IoT Sensing Systems  
Oct 17, 2017 13:08 HKT/SGT
Mazda Starts Production of the CX-5 at Hofu Plant  
Oct 17, 2017 12:51 HKT/SGT
Toyota Launches "Start Your Impossible" Global Corporate Initiative  
Oct 17, 2017 08:19 HKT/SGT
HK Electronics Fair and electronicAsia attract 86,000 Buyers in Three Days  
Oct 16, 2017 20:00 HKT/SGT
Industry Elites to Share Insights into Financial and Investment Megatrends at Everbright Investment Conference 2017 in Hong Kong  
Oct 16, 2017 17:26 HKT/SGT
The 30th AVCJ Private Equity & Venture Forum to Take Place in November  
Oct 16, 2017 15:30 HKT/SGT
Toyota Defines Future of Mobility with Concept Car "TOYOTA Concept-i" Series Debuting at Tokyo Motor Show 2017  
Oct 16, 2017 13:25 HKT/SGT
More Press release >>
 Events:
More events >>
Copyright © 2017 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: