Mr. Rattachai Thirathanawat Co-CEO Investment Banking – Capital Market Securities Company Tao (Thailand) Public Company Limited as financial advisor and underwriter and underwriter of the sale of the newly issued Company’s ordinary shares. International network system or ITNS It revealed that the subscription for ITNS shares 70 million shares and 10,000,000 shares of Greenshoe with a par value of 1.00 baht per share at a price of 3.89 baht per share between 12-17-18 October 2022. In the past, it has been actively attracted to investors. Because he has faith in the fundamentals of ITNS, which operates in the information and communication technologies sector. which has a tendency to grow continuously in the future Due to the current global trend which is related to communication by applying the most modern technology.
Additionally, ITNS is one of Cisco’s Gold Certified Partners and differs from other SI in its repair and maintenance business. including equipment rental services In addition to being a recurring type of income, it is also a business capable of generating returns for the company. More than traditional SI activities
Additionally, the management and team are a team with nearly 20 years of industry experience and expertise, and another reason why ITNS shares have gained a lot of investor attention. This is because there is a backlog that has not been delivered in the amount of 523 million baht, which shows the strong growth of ITNS in the future.
ITNS shares will be listed on the Market for Alternative Investment (mai) on October 25, using the trade abbreviation “ITNS” in the technology sector.
Mr. Somchai Uamkrathum The CEO of International Network Systems Public Company Limited (ITNS) said the strength of the company is in a large industry worth hundreds of billions of baht. However, if you compare only Cisco’s Gold Certified Partner group, the total turnover is over 43.245 million baht, which in this group the company has a market share of 0.86%, demonstrating that the company There are still many opportunities for business growth.
In this regard, the Company aims to use the proceeds of this fundraising as an investment in companies that manage activities related to the Company’s business. Used to expand the equipment rental business and used as working capital for the Company’s commercial activities.
Regarding the operating results of the company, for the first 6 months of the year 65, the company recorded a total turnover of 176.05 million baht, a net profit of 22.23 million baht, while currently there is a backlog pending total revenues of 523 million baht. It will gradually recognize revenue this year around 369.91 million baht, which is expected to create both revenue and profit results in the outstanding 65 year growth. In addition, there are many other projects that the Company will participate in. auction in the future. Also, at present, a team of project sales people has been added. to support future expansion as well
In addition, ITNS operates in the information and communication technologies sector. through the design and installation of a network system and a complete communication system (System Integrator), which can be divided into 3 types as follows: 1. Trade in the sale and design and installation of equipment related to computer systems and of communication. 2. Equipment repair and maintenance activities; and 3. Equipment rental activities
