Fashion-forward: Jaspal gears up for IPO, set to make a stylish debut on stock exchange

Bangkok-based ready-to-wear fashion company Jaspal is preparing for an initial public offering (IPO) on the Stock Exchange of Thailand (SET) as it seeks funding to further develop its fashion and lifestyle ventures.

Jaspal recently submitted a proposal for the listing, offering up to 156 million shares, representing no more than 26% of the firm’s paid-up capital, to the Securities and Exchange Commission (SEC). To assist with the Jaspal IPO, the company has enlisted the help of financial advisor Kasikorn Securities (KS).

KS deputy managing director Thinnaphan Wanglee confirmed that the Jaspal IPO listing application and draft prospectus are presently under review by both the SEC and the SET.

At the helm of the business, Jaspal CEO Charan Singhsachathet stated that the company and its subsidiaries create and distribute a variety of fashion and lifestyle products. The products range from Jaspal’s in-house creations to franchised and imported brands that have gained popularity among customers worldwide.

By Alex Morgan

Caption: Photo courtesy of Central Chon Buri, Facebook

Full Story: https://thethaiger.com/news/business/jaspal-eyes-thai-ipo-to-expand-fashion-and-lifestyle-ventures

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