TIPCO Sees a Quarter of Ownership Overhaul at 24% Price Premium

On Tuesday, the Thai stock exchange reported four big-lot transactions of Tipco Foods Public Company Limited (SET: TIPCO). The report indicated 115 million stocks were traded with a total value of THB 1.29 billion. An average price of THB 11.20 per share indicates a 24% premium of the closing price and also above the highest trading price of today’s session at THB 9.10 per share.

The share price of TIPCO closed on Tuesday at THB 9.05, representing a THB 0.05 or 0.55% decrease with a total trading value of THB 1,298.20.

Today’s big-lot transaction totals 24% of TIPCO’s total share in the market.