Mr. Rattachai Thirathanawat, Co-CEO of Investment Banking – Capital Market, Dao Securities (Thailand) Public Company Limited, as financial advisor to International Network Systems Public Company Limited (ITNS), disclosed that the ITNS management team and financial advisors have jointly submitted information (Investor) on October 6. Roadshow) on an online platform for investors to understand the business overview. and future operating plans as well as seeing the growth potential after raising money and listing on the Market for Alternative Investments (May), which is expected to be able to raise money and be listed within the fourth quarter of 2022 in the technology industry
ITNS intends to raise funds for the initial public offering (IPO) of 70,000,000 shares at a par value (par) of 1 baht per share, or equivalent to 31.82% of the number of ordinary shares issued and paid in total. which will be divided into an offering to the underwriter’s benefactor An offer for sale to the company’s directors, executives and employees. and the general public and has 10,000,000 shares of Greenshoe
“This road show There was an excellent response from investors as ITNS was involved in the business of information and communication technology. It is a designer and installer of a complete network and communication system (System Integrator), which can be divided into 3 types as follows: 1. Business selling and designing and installing equipment related to information and communication technology systems 2 Business service, equipment repair and maintenance, and 3. equipment rental business. All businesses are in the information and communication technology industry. which has a tendency to grow continuously in the future Due to the current global trend related to communication through the application of more modern technology. Therefore, it is a factor that supports the company. There is an opportunity for long-term growth,” said Mr Rattachai.
Mr. said Rattchai said that ITNS is also attractive as a Cisco Gold Certified Partner and differentiates it from other OSes with its repair and maintenance business. including equipment rental services As well as being a form of recurring income, it is also a business that can generate earnings for the company. More than a traditional SI business in general, and the management and team are a team with almost 20 years of experience and industry expertise.
Mr. Somchai Uamkrathum, CEO of International Network Systems Public Company Limited (ITNS), said that the purpose of this fundraising will be used to invest in companies that operate business related to the Company’s business. It is used to expand the equipment rental business and is used as working capital for the Company’s business operations.
“The Company has a plan to invest in companies that operate businesses related to the Company’s business. along with expanding the equipment rental business Because there are many operators who have a demand for equipment. and technological equipment, but with limited funding. And we believe it will be another important factor that will support our performance in the future to grow strongly,” said Mr Somchai.
Regarding the Company’s operating results, for the first 6 months of 2022, the Company had a total revenue of 176.05 million baht, a net profit of 22.23 million baht, while it currently has backlogs awaiting revenue recognition, a total of of 522.52 million baht. This year, revenue of 22.23 million baht. approximately 369.91 million baht have been recognized, meaning that the company expects that by 2022, it will be able to create results in terms of revenue and profit, creating the highest growth ever in the future. Currently, ITNS has expanded a new team of employees to support the expansion of future projects as well.
In addition, the Company has a policy to pay dividends each year at a rate of not less than 40 percent of the net profit after deducting corporate income tax from the Company’s separate financial statements. and after deducting the legal reserve and other accumulated funds as specified by the company
