Beyond Securities (BYD) has signed a deal to distribute IPO stocks “COCOCO”

Omsin Siri (4th from the right), Chairman of the Executive Committee and Chief Executive Officer (Support Division) at Beyond Securities Public Company Limited “BYD”, attended the contract signing ceremony as an underwriter and joint lead underwriters of common stocks of Thai Coconut Public Company Limited “COCOCO”

The initial public offering (IPO) consists of 370 million shares with a par value of 0.50 baht at the offering price of 5.50 baht per share. The IPO subscription starts on 4-6 September 2023. It is expected to enter trading on The Stock Exchange of Thailand (SET) under the Food & Beverage (FOOD) business category in September 2023.

Thai Coconut Public Company Limited engaged in production-distribution and export business. They offer various products processed from Thai coconuts, such as canned coconut milk, coconut milk packed in UHT boxes, pasteurized coconut milk, canned coconut water, UHT boxed coconut water, pasteurized coconut water, coconut snacks, and ready-to-eat food under the brands Thaicoco and Cocoburi. Additionally, they produce products for industrial purposes.

In addition, COCOCO also operates a business that produces healthy wet pet food for dogs and cats under the brand Moochie. Both types of products are original brand manufacturer (OBM) and original equipment manufacturer (OEM). They also serve as a manufacturer distributor of healthy food products made from plant-based protein, and various types of plant-based cheese and butter products