“SIMAT Plans Issuance of Newly Issued Ordinary Shares of Hinci Public Company Limited”

Mr. Boonlert Iowpornchai, Chief Executive Officer of Simat Technology Public Company Limited (SIMAT), revealed that the 2023 Annual General Meeting of Shareholders approved the plan for the issuance and offering of newly issued ordinary shares of Hinci Public Company Limited. Tsu (Thailand) (HST) and to list its shares on the Market for Alternative Investment (mai) expects to file a filing with the Securities and Exchange Commission (SEC). Within the second quarter of 2023, with Discover Management as a financial advisor.

In this regard, SIMAT shareholders will be entitled to allocate shares to preserve their rights (Pre-emptive offering) in proportion to their shareholding.

For business plans of SIMAT this year in the IT engineering business. Still moving forward to find new jobs continuously. However, currently, the management team will focus on reducing operating costs. In addition, the company has expanded its business to the cable TV business. by investing in the purchase of shares of the company digital cable Communication Co., Ltd. (DCOM) to operate cable television business together with broadband business. by providing high speed internet through fiber optic network by using the fiber optic network that the company has

At the same time, the company has also expanded its business to renewable energy business. and engineering By jointly investing in the establishment of Natural Power Energy Co., Ltd. (NPE), which will start earning electricity sales. to private organizations Helping private organizations reduce electricity bills operating costs and help reduce global warming

SIMAT Chief Executive Officer said he was confident that operating results in 2023 would grow significantly. Both from the original business and expanding the business. Including bringing a subsidiary Fundraising in the mai stock exchange will strengthen the company. from increasing future growth opportunities

By InfoQuest News Agency (24 Apr. ’23)

Tags: mai, SIMAT, Boonlert Iewpornchai, Thai Stock, Simat Technology, Filing