Home » Business » IND knocked the IPO price at 1.10 baht. Subscription from 14-16 Dec. Aiming for mai this year.

IND knocked the IPO price at 1.10 baht. Subscription from 14-16 Dec. Aiming for mai this year.

Mr. Sompop Sak Phanphanom Chairman of the Board, Asset Pro Management Company Limited or APM, as the financial advisor ofIndex International Group Public Company Limited or IND Revealed that Index Plc. International Group has signed an appointment agreement. Finansia Syrus Securities Public Company Limited is the Underwriter and Underwriter. (Underwriter) along with 6 other co-underwriters and underwriters: Nomura Securities Public Company Limited, Phillip Securities (Thailand) Public Company Limited, United Securities Company OB-Kay Hian (Thailand) Public Company Limited, Trinity Securities Company Limited, KTB Securities (Thailand) Public Company Limited, KGI Securities (Thailand) Public Company Limited.

Mr. Seksan Thanopphai, Chief Executive Officer of Asset Pro Management Company Limited or APM, as a financial advisor, said that IND prepared to offer the public for the first time or IPO of 90 million shares. Or accounted for 25.71% of the total number of ordinary shares after this offering At a par value of 0.50 baht per share, on December 4, 2020, the SEC Office has notified that the registration statement and draft prospectus have become effective.

“The IND stock is expected to receive a good response from investors. Since last month, securities information or roadshow has been presented in 9 provinces and has also been presented to analysts. Marketing officer at the trading room of leading securities companies It received a lot of attention from investors. Together with the vision and determination of the Company’s business development, including the expertise Company experience And capable management team This makes the company attractive to investors and is a stock that generates satisfactory returns to investors. “

Mr. Somphop Kirasunthornphong Director Finansia Syrus Securities Plc, as the Underwriter and Underwriter of IND, said the 90 million IPO was priced at 1.10 baht per share. Considered to be the right price level And in line with the current market conditions The subscription date is scheduled between 14-16 December 2020 and the share of IND is expected to be traded on the Market for Alternative Investment (mai) by December 2020.

At the same time, Dr. Chainarong Na Lamphun, Chief Executive Officer of Index International Group Public Company Limited or IND, said the company will use the money received from this offering of securities. It is a fund to invest in computer systems, equipment and software to increase work efficiency and services by 2022 and to be used as working capital in business operations by 2021.

“The company was founded in 1983 by a group of engineers, with expertise in engineering consultants. Currently, the Company’s services can be divided into 3 types: 1) Preliminary design. And detailed design (Conceptual Design & Detailed Design) 2) Project Management and Construction Supervision (Project Management & Construction Supervision) and 3) Design and Construction. (Design-Build) to customers, both public and private sectors. By listing on the Market for MAI, it will help the company to have the credibility. And grow sustainably in the future ” Dr. Chainarong said.

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