Mr. Rattachai Thirathanawat, Co-CEO of Investment Banking – Dao Securities Capital Markets (Thailand) as financial advisor to International Network Systems Public Company Limited (ITNS) revealed that the company is preparing for an initial public offering (IPO) and listing on the Market for Alternative Investments (May) after the Securities and Exchange Commission (SEC) T.) began counting one. of the securities offering information and ITNS draft prospectus.
ITNS has an IPO plan of 70,000,000 shares with a par (par) value of 1 baht per share, or 31.82% of the number of ordinary shares issued and paid up after the IPO, which will be listed on the market in the industry technology
ITNS operates in the information and communication technology business. It is a designer and installer of a complete network and communication system (System Integrator), as well as selling equipment used in information technology. and communication Equipment repair and maintenance services and equipment rental which can be divided into 3 types of business as follows: (1) Sales and installation business of equipment related to information and communication technology systems (2) repair service business and equipment maintenance; and (3) equipment rental business.
The operating results of the year 62-64 and the first 6 months of the year 65, the company had a total revenue of 282.63 million baht, 375.39 million baht, 370.95 million baht and 176.05 million baht, respectively. The main income came from the sale of equipment. and providing installation services Accounts for an average of 72.64-77.74% of total revenue and revenue from after-sales service and maintenance services. It accounted for an average of 18.44-24.91 percent of total revenue, while the rest was revenue from equipment rental. Accounts for an average of 1.30-8.01% of total income
while net profit was 21.25 million baht, 28.83 million baht, 32.59 million baht and 22.23 million baht, respectively, representing a net profit margin of 7.52%, 7.68%, 8.78% and 12.63%, respectively, in mainly due to revenue growth. along with the ability to effectively manage costs and distribution and management costs As a result, profitability has increased.
Mr revealed Somchai Uamkrathum, CEO of ITNS that this plan to be listed on the May market is an important step in business expansion. continuously increasing the opportunities for future growth especially future investment projects including getting working capital in the business to strengthen financial Furthermore, this raises money It is also an opportunity for investors and the public to take part in building on the success of ITNS.
In addition, the company also aims to be a leading company in providing comprehensive information technology services. with efficient products and services a quality team and has been accepted by customers at a national level Considering the success of the customer is important. with a determination to increase the potential of customers’ business operations and support the use of technology in a sustainable way
“The purpose of using the money from this fundraising to be used as investments in companies that operate a business related to the Company’s business and it was used to expand the equipment rental business and as working capital on for business operations to continue to build strong and stable growth.” said Mr. Somchai
said Mr. Somchai
By InfoQuest News Agency (20 Sep 65)
Tags: IPO , ITNS , Dao Securities , Rattachai Thirathanawat , Thai stocks , International Network System
