ITTHI shares started trading on the first day, the opening price at 5.80 baht per share, up 93.33% from the IPO price.

#ITTHI #ThanHoon-Shares Itthirit Nice Corporation Public Company Limited or ITTHI has been traded on the Market for Alternative Investments (May) for the first time. The opening price is 5.80 baht per share, an increase of 93.33% from the IPO price of 3.00 per share, baht

Stock price movement ITTHI opened at 5.80 baht, an increase of 2.80 baht or 93.33% from the IPO price of 3.00 baht per share, with a trading value of 95.18 million baht.

ITTHI operates as a distributor of electronic equipment. both lighting products and IET (Internet Every Thing) equipment for smart homes. For the company to be a distributor under the trademark “LIGHTTRIO”, the income in this department accounts for 50 percent of the income from the distribution of electronic equipment. The remaining 50 percent is distributed under other leading brands. by the majority of customers, more than percent 76 is a group of leading real estate development customers.

In addition, ITTHI also operates the business of manufacturing and distributing disinfectant alcohol products under the trademark “UNION CLEAN”. About 98% : 2

ITTHI has a post-offer paid-up capital of 135 million baht with a par value of 0.50 baht per share, consisting of 200 million existing ordinary shares and 70 million newly issued ordinary shares, offered to individual and institutional investors according the company’s discretion. It offered 60 million shares to the company’s sponsors 9 million shares and offered to the company’s employees 1 million shares at a price of 3.00 baht per share, totaling 210 million baht in fundraising value at an IPO price of 810 million baht, with UOB Kay Hian Securities (Thailand) Public Company Limited acts as financial advisor. and Finansa Securities Limited is the guarantor and underwriter.

about the proceeds from the fundraising The company will use it as working capital for the company’s normal business operations in order to create growth and good returns for shareholders.

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