Kerry Express (SET:KEX) debuts on the SET, confident of warm reception by investors
BANGKOK, Dec 25, 2020 - (ACN Newswire) - Kerry Express (Thailand) Plc. (KEX) has had its First Trading Day on the Stock Exchange of Thailand. With overwhelming responses during the subscription period, both from international and local investors. Viewed as a proxy of investment in the new economy, KEX provides an investment alternative in the local bourse, where a handful of choices are now available. The company is launching an aggressive strategy to expand its business into all provinces in Thailand, aimed at propelling further growth with technology and human resources, expanding express delivery service networks and boosting sorting capabilities to 3 million parcels per day by 2023, increasing efficiency, managing costs and creating continuous growth.Mr. Alex Ng, Chief Executive Officer of Kerry Express, said he was confident that the issue would attract immense interest from investors who want to grow with the company. The company would strive to create continuous growth under the corporate concept "Kerry Express Everywhere". Growth would be sustainable, considering the company's strong commitment to ESG. From the issuance of 300 million shares in the Initial Public Offering (...
