Bloomberg News

Thailand Stock Movers: Sri Trang Agro-Industry, Tisco Financial

December 20, 2011

Dec. 20 (Bloomberg) -- Shares of the following companies had unusual moves in Thailand trading. Stock symbols are in parentheses and prices are as of the close in Bangkok.

The SET Index fell less than 0.1 percent to 1,033.29, falling for a second day. The gauge has risen 0.1 percent this year.

Sri Trang Agro-Industry Pcl (STA TB), Thailand’s biggest publicly traded rubber producer, climbed 0.6 percent to 17.9 baht. Sri Trang sold 2.15 billion baht ($69 million) of three- year and five-year bonds to refinance debt and fund expansion, the company said in a regulatory filing yesterday.

Tisco Financial Group Pcl (TISCO TB), a finance company, advanced 1.3 percent to 38.5 baht. Tisco will pay at least 50 percent of its annual net income as a dividend, it said in a regulatory filing today.

--Editors: Shiyin Chen, Tony Jordan

To contact the reporters on this story: Tony Jordan in Bangkok at tjordan3@bloomberg.net; Berni Moestafa in Jakarta at bmoestafa@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net


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