Ms revealed Duenpan Leelawiwat, Managing Director of Pioneer Advisory Co, Ltd as financial advisor to Master Style Public Company Limited (MASTER), that MASTER is preparing for an initial public offering of ordinary shares (IPO) of no more than 65,000,000 shares and listed on the Market for Alternative Investments (may) in the service business category. After the Securities and Exchange Commission (SEC) Office began counting one of MASTER’s draft registration statements and prospectus today.
MASTER will offer all 65,000,000 IPO shares at a par value of 1 baht per share, representing 27.08% of the total issued and paid-up ordinary shares after this IPO, which includes ordinary shares newly issued not exceeding 50,000,000 shares, representing no more. than 20.83% and existing ordinary shares offered by In Glory Investments Limited no more than 15,000,000 shares, representing no more than 6.25% The company operates a full service cosmetic surgery clinic under the name “Masterpiece Hospital” established by Dr. face, etc., including hair transplant, hair care, and providing skin care and laser services. With modern medical evolution and acceptance of international standards
As of 30 September 2022, Masterpiece Hospital has 41 doctors, 533 personnel, and a service area of 4,267 square meters.
Rawiwat Dr As Chief Executive Officer, MASTER said that the purpose of using the profits from this fundraising To be used as an investment in the building and operating room improvement project on the existing hospital area. Including the purchase of medical tools and equipment for surgery (Surgery), hair transplantation and hair care (Hair) and skin care and laser services (Skin), building improvements, investments for construction and building improvements to expand service center areas such as care centers hair liposuction center, eye center and male health center, etc., including facilities and offices, including fundraising to be working capital for operations This is in line with the company’s future growth plan.
Ms. Laphatsarada Lertpanuroj, Deputy CEO of MASTER, that entering the May market reflects MASTER’s decision and a decision in the business path more than 9 years after the establishment of the company. And he has developed and upgraded MASTER into a modern comprehensive surgical hospital. Because it sees the destination of the needs of customers who want to make themselves look better. until it became word of mouth And has been confident in its impressive quality and service ever since.
The operating results of the group in the last 3 years (Year 19-21), the company has revenue from hospital operations of 414.03 million baht, 611.06 million baht and 659.51 million baht respectively, which represents a growth rate of 47.59% and 7.93% while the net profit was 61.25 million baht, 128.55 million baht and 162.80 million baht, respectively, representing a net profit margin of 14.66%, 20.89% and 23.59%.
For the first 9 months of 2022, the company has an income of 1,011.14 million baht, representing a growth rate of 133.99% and a net profit of 222.22 million baht, representing a net profit margin of 21.86%.
