Sri Trang says to fix Singapore IPO price Tuesday

BANGKOK | Mon Jan 24, 2011 10:12pm EST

BANGKOK Jan 25 (Reuters) - Thailand's Sri Trang Agro-Industry Pcl STA.BK said it had delayed fixing a price for its Singapore IPO to Tuesday from Monday due to unfavourable market conditions.

The Thai stock exchange halted trade in Sri Trang stock for a second day on Tuesday pending a pricing announcement, the company said in a statement.

The main Thai index .SET fell 4.3 percent on Monday. (Reporting by Khettiya Jittapong; Editing by Alan Raybould)

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