Storage Asia Public Company Limited (ISTORE22) opened day 1 trading on the Live Exchange Exchange (LiVEx) at a price of 2.30 baht, up 0.90 baht from its IPO price of 1.40 baht, +64, 29% overbooking, equivalent of 1.15 hundred thousand baht.
ISTORE22 operates a premium self-storage rental business in Thailand under the brand name i-Store.i-Store Self Storage currently operates 3 branches: Silom Branch, Sukhumvit 24 Branch and Sukhumvit 71 Branch.
The company has a paid-up capital of 128 million baht with a par value of 0.5 baht per share, consisting of 220 million existing common shares and 36 million newly issued common shares. The initial public offering (IPO) is is held on December 15-16 and 19, 2022 at an offering price of 1.4 baht per share, representing a fundraising value of 50.4 million baht and a security value at the IPO price of 358.4 million baht.
ISTORE22 has a shareholding structure after the IPO, Mr. Phakdi Aniwat holds 34.9% of the shares, WHA Venture Holding Co., Ltd. holds 25.3%, and Venture Capital Trust. The venture capital fund for SMEs holds 13.0% of the shares.
By InfoQuest News Agency (Dec. 22 ’22)
Tags: ISTORE22, LiVEx, Life Exchange, Storage Asia
