What is the Company’s business?

The Company provides a construction services of a wide range of large-scale buildings for both government and private sector, including office buildings, educational buildings, industrial buildings, shopping centers, hospitals, hotels and residential buildings, particularly condominiums. The scope of services comprises (1) Structure works such as pile works, concrete beam and flooring, and so on (2) Architecture works such as brick walls, wall decoration material, aluminum works, tile works, and covering materials for both internal and external surfaces, and so on (3) Mechanical and Electrical (M&E) works such as sanitary works, electrical works, air conditioning, and fire extinguishing systems, among other things

What is the operating result for the least year?

Operating results for the past 3 years and the current period can be found at “Performance Highlights

How many IPO shares are offered and how to allocate?

Total number of shares offering 75.00 million shares (at par value of 1 Baht/share)

Total number of shares after IPO 300.00 million shares

Percentage of share distribution 25% of paid-up capital after IPO

IPO share allocation

  • Sale and allocation to persons by judgement of underwriters 66,505,300 shares
  • Sale and allocation to benefactors of the Company 7,716,000 shares
  • Sale and allocation to related parties and employees, 778,700 shares
When is the subscription period for shares?

9.00 – 16.00 of 2, 6, 7 June 2022, and
9.00 – 12.00 of 8 June 2022

What is the IPO share price?

4.60 Baht/share

Who is the Underwriter of the IPO?
  1. UOB Kay Hian Securities (Thailand) Public Company Limited
  2. Land and House Securities Public Company Limited
  3. Maybank Securities (Thailand) Public Company Limited
  4. KTBST Securities Public Company Limited
  5. Krungsri Securities Public Company Limited
  6. Land and Houses Securities Public Company Limited
  7. Asia Wealth Securities Company Limited
  8. Beyond Securities Public Company Limited
What is the plan to use of proceeds from IPO?

The Company plans to use the proceeds as working capital to support the construction business expansion in the future by increasing both quantity and scale of projects, as well as to support the procurement, maintenance and improvement of construction machinery and equipment

What is dividend policy?

The Company has the policy of dividend payout at the rate of not less than 40% of its annual net profit according to the separate financial statements after tax and legal reserves and other reserves (if any)

More information about dividend policy can be found at “Dividend Policy