Betagro Public Company Limited submitted the registration statement and draft prospectus (Filing) to the Office of the Securities and Exchange Commission (SEC) for the initial public offering ( IPO) in the amount not exceeding 500 million shares, representing not more than 25% of the total number of issued and paid-up ordinary shares of the Company. After the issuance and offering of newly issued ordinary shares this time and Bualuang Securities is a financial advisor.
Betagro is a leading integrated agro-industrial and food business in Thailand. covering from the production and distribution of animal feed Animal pharmaceuticals and additives, livestock, swine products, poultry and eggs, related processed foods and pet food including the distribution of farm equipment and related research and development operations
The Company has a Vertically Integrated Business Model that covers many aspects of the Company’s product value chain from animal feed production to animal feed. culture and selling animal breeders commercial farming Meat Slaughtering and Processing until the sale The company’s high standard and efficient food processing and manufacturing plant as well as the ability to research and the Company’s internal control system It monitors and controls every step of the food value chain, enabling the company to control quality and manage costs effectively. The company is also committed to producing high-quality and safe products. with biosecurity measures (Biosecurity) and strict quality control. according to internationally accepted standards
The company sells its products under well-known industry brands such as “BETAGRO” and “S-Pure” for Hygienic Meat. processed meat and processed food, the “ITOHAM” brand for premium sausage products, the “betagro” “Balance” and “MASTER” brands for animal feed, the “Better Pharma” and “Nexgen” brands for veterinary pharmaceuticals and additives, and the “Perfecta” brand. “DOG n joy” and “CAT n joy” for pet food products
The purpose of this fundraising is to use the proceeds from this offering to fund the purchase and/or Build new farms and factories. to expand production capacity and improve factories, farms, and places to increase the efficiency of the production process throughout the company’s supply chain, including
1. Investment in feed mills, farms, slaughterhouses Food and meat processing plants including egg production and alternative protein in Thailand
2. Investment in feed mills, farms and slaughterhouses in Cambodia, Laos and Myanmar
3. Investment in pet food and pet snacks factory
4. Investments in information technology (IT Facilities) as well as investments in the use of technology to change the management and business operations and the introduction of automation to manage and operate the business. including investments in joint ventures
In addition, it is used to pay off short-term and/or long-term liabilities to various financial institutions. and used as working capital
