Premier Quality Starch Public Company Limited (PQS) organizes a team to start a road show, summarizing information about the initial public offering (IPO) of 170 million shares for the first time in Khon Kaen on January 26. Will come back to finish in Bangkok on January 31, hoping to create an understanding of the business of selling and distributing tapioca starch. and other processing industries that are not related to food Including a biogas power plant for use in the factory and sold to the Provincial Electricity Authority. ready to move forward to be listed on the stock exchange early this year
Mr. Somyot Chanchuengthavorn, Vice Chairman and Executive Chairman of PQS, said that the company is a leading tapioca starch manufacturer in the Northeast with more than 20 years of expertise. He presented information to investors to understand the nature of business operations. and get to know more about PQS and its potential for growth. And the ability to compete with the development goal that focuses on producing quality tapioca starch products that meet international standards. Including a good management system that does not affect the environment This will help increase investor confidence before the IPO.
PQS will offer 170 million IPO shares at a par value of 1 baht per share, representing 25.37% of the total number of issued and paid-up ordinary shares after this IPO. and is expected to be listed on the Stock Exchange of Thailand (SET) in the industry Agriculture and food industry, food and beverage industry
For the production and distribution of products, there are two main categories: 1. Tapioca starch products, which are processed products from cassava roots, and 2. Production and distribution of electricity from biogas (Biogas). Proportion of production and distribution of tapioca starch And produce and sell electricity from biogas in the proportion of 98.53% and 1.47%, respectively. Mr. Ratwirun Chanchuengthavorn, Chief Executive Officer and Managing Director of PQS, said that the strength of the company is that it has expertise and experience in the tapioca starch industry. And there are factories in Mukdahan and Sakon Nakhon provinces, which are located in a location rich in quality cassava raw materials from local agriculture As a result, the raw materials are always fresh. As a result, the quality of tapioca starch produced meets international standards.
Including a good management system that does not affect the environment to build customer confidence in producing quality products making it more competitive reflects strong fundamentals and sustainable growth prospects which the money received from this fundraising will be used as an investment and used as working capital for operations to be in line with the company’s growth plan
Mr. Seksan Thanopchai, Chief Executive Officer of Fin Plus Advisory Co., Ltd. as a financial advisor to PQS, revealed that PQS is ready for the road show in Khon Kaen and ends in Bangkok, believing that it will be answered. good reception from investors because it is a company with a strong foundation very interesting Especially the expertise and experience in the tapioca starch industry for more than 20 years, as well as extending the original success to the business of producing and distributing electricity from biogas (Biogas) for use in factories. and sold to the Provincial Electricity Authority which will support the Company’s performance can grow continuously in the future
