Decker & Co Places Plan B Media (PLANB TB) Shares in Overnight Placement with Eight Global Funds
2017年10月12日 - 9:00AM
JCN 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
ben@lowecom.com
Source: Decker & Co.
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