Miss Kanchana Pongpattanadecha CEO KT Medical Service Public Company Limited (KTMS) revealed that the company has closed the subscription of 76.64 million IPO shares. Investors are more interested than expected. Announced to continue trading on the Market for Alternative Investments (May) on December 23.
With more than 15 years of experience as a specialist in hemodialysis services with hemodialysis machines, today he can prove the company’s success in raising money in the Market for Alternative Investments (may) from the reflection of good feedback from a group of investors. Coming to buy shares of KTMS in abundance, reinforces the potential of business strength.
Including growth opportunities in the hemodialysis business in the future corresponding to the number of patients with chronic renal failure who need to receive treatment services, on average, an increase of 15% per year, together with the current Thailand entering to an aging society This is a group that will have declining kidney function. As a result, patients with chronic renal failure tend to increase. and from such factors This has a positive impact on KTMS ability to support the increasing number of patients. which makes it grow along with the company’s income which is expected to grow by around 30% per year on average
KTMS will use more than 237 million baht raised from this fundraising to expand its service business. Investing in a dialysis hospital with a hemodialysis machine of 155 million baht, as well as expanding another 14 branches across the country, divided into 8 external branches and 6 independent branches, which will increase the number of hemodialysis machines to 123. This is used also to invest in a hemodialysis reagent factory. and engineering service centers in the northeastern region totaling 61 million baht to accommodate the growing number of kidney disease patients. Including expanding the scope of services to cover all areas throughout the country.
The CEO of KTMS said that listing the company on the main stock exchange this time, in addition to being a public company It also raises the level of the company to international standards. while increasing the credibility of the organization’s image to be accepted by customers and business partners Including increasing the potential of financial status from funding sources. Building Competitive Ability to expand to support new business opportunities that will occur in the future
Mr. Kittiphan Phusanawan, Senior Managing Director, Globlex Securities, as the underwriter and underwriter for the KTMS IPO, said the IPO price was set at 3.10 baht per share, representing a P/E of about 37.29 as much as considered appropriately When referring to the company’s fundamentals This reflects the potential and strength of the business which provides complete dialysis services with haemodialysis machines. Corresponds to the support of government health welfare programs, such as various government health welfare programs, such as supporting the chronic patient service budget. From the National Health Safety Office (NHSO) who are encouraging patients with chronic kidney disease who are eligible to take part in deciding how to choose a dialysis method. It is a form of hemodialysis by a hemodialysis machine in conjunction with a doctor. This is to promote the number of patients who use the service with the company group more. Therefore, it is believed that this fundraising will support KTMS to increase its ability to expand its business. Increase the opportunity to build a stable income base in the future
Mr. said Ekajak Buahbhakdi, managing director of Capital One Partners Company Limited, that KTMS is a fixed income stock. And it has a consistently high growth rate. Importantly, it is classified as an ESG stock that has continued sustainability and low risk If considering the strong financial position. From the 3-year average return (CAGR) of 30.73%, along with a low debt-to-equity ratio (D/E), as well as the ability to manage costs efficiently. From the factors mentioned above, it benefits shareholders and investors in terms of financial returns.
