Ornsirin Holding Prepares for Investor Roadshow for Initial Public Offering

ORN to Conduct IPO Roadshow for Real Estate Projects in Chiang Mai Province

Chiang Mai, Thailand – Ornsirin Holding Public Company Limited (ORN), a renowned real estate developer specializing in both horizontal and high-rise projects in quality locations in Chiang Mai Province, is set to embark on a comprehensive roadshow to attract potential investors for an initial public offering (IPO) of shares.

The roadshow, covering 15 states across the country, will commence on September 6th and conclude on October 9th, 2023. This exciting opportunity aims to introduce ORN’s upcoming IPO, featuring a total of 406.50 million shares, to potential investors.

Collaboration with APM: A Game-Changing Partnership

Last night, at the Tegeirian Balloon Meeting Room in Khon Kaen Raja Pullman Orchid Hotel, Ornsirin Holding Public Company Limited partnered with APM as its financial advisor for the roadshow. This partnership aims to present comprehensive business and financial information to potential investors. The presentation garnered significant interest from enthusiastic attendees, including small investors.

Speaking at the event, Mr. Suphon Khaploydee, Managing Director of Asset Pro Management Company Limited, expressed his confidence in ORN’s solid foundation and future growth potential. He anticipates an overwhelmingly positive response from investors during the roadshow.

Paving the Way for Future Success

ORN’s IPO will allow the company to raise funds for future endeavors. With a registered capital of 1,500 million baht, ORN has already paid 1,093.50 million baht. Following the IPO, 406.50 million shares, or 27.10% of the paid-up capital, will be available for listing on the Stock Exchange of Thailand (SET).

Mr. Preedikorn Buranupakorn, the Chief Executive Officer of Ornsirin Holding Public Company Limited, highlighted the company’s involvement in various business investments, particularly in the low-rise and high-rise real estate sectors. The company is currently developing an impressive range of projects, including THE ESCAPE, HABITAT, BELIVE, ORNSIRIN, ORNSIRIN VILLE, URBAN MYX, BUSINESS CENTRE, THE ASTRA, ARISE, and THE NEXT.

“We are prepared to engage with investors and showcase the immense potential of our offerings. The funds raised from this IPO will help us strengthen our financial capabilities and support the development of future projects,” emphasized Mr. Buranupakorn.

A Proven Track Record of Success

ORN’s past operating results demonstrate its impressive growth trajectory. From 2020 to 2022, the company achieved operating incomes of 864.98 million baht, 677.60 million baht, and 1,534.34 million baht, respectively, with corresponding net profits of 128.90 million baht, 75.25 million baht, and 280.92 million baht. The company’s Q1 2023 operating results reflected an income of 491.70 million baht and a net profit of 102.45 million baht.

As ORN ventures into this exciting IPO roadshow, it anticipates a synergistic relationship between the company and its potential investors. The successful IPO will undoubtedly stimulate the growth of ORN’s business, positioning it as a key player in the real estate sector.

Tuesday, 19th September, 2023 2.16 pm

Ornsirin Holding Public Company Limited or ORN, a real estate developer of horizontal and high-rise projects in quality locations in Chiang Mai Province, is preparing to travel for an investor briefing or roadshow for an initial public offering of shares . time, or IPO There are a total of 406.50 million shares, starting in Rayong, Chonburi, Ratchaburi, Nakhon Pathom, Phitsanulok, Nakhon Sawan, Chiang Mai, Ubon Ratchathani, Nakhon Ratchasima, Khon Kaen, Udon Thani, Phuket, Surat Thani, Songkhla and close in Bangkok on 6 September – 9 October 2023.

On the evening of September 18, 2023, Tegeirian Balloon Meeting Room. Khon Kaen Raja Pullman Orchid Hotel, Khon Kaen Province Ornsirin Holding Public Company Limited or ORN, real estate developer of low and high-rise projects in quality locations in Chiang Mai Province, partners with APM, financial advisor. Roadshow to present business information financial information Meeting with small investors in 15 states across the country 6 September – 9 October 2023, confident in strong fundamentals. Investors responded well. Before preparing to sell 406.50 million IPO shares to the Stock Exchange (SET), with Mr. Pridikorn Buranupakorn, Chief Executive Officer of Ornsirin Holding Public Company Limited, Mr. Akkadet Udomsirithamrong, Executive Director of Ornsiri N Holding Public Company Limited, Mr. Wicha Tomana, Managing Director of Investment Banking Division Phillip Securities (Thailand) Public Company Limited (as the main stock distributor) and Mr. Suphon Khaploydee, Managing Director of Asset Pro Management Company Limited (as Finance advisor) participated in the presentation and there were investors Many people were interested in listening to the presentation.

Somsak Sirichainaruemit The Chief Executive Officer of Asset Pro Management Company Limited or APM as a financial advisor to Ornsirin Holding Public Company Limited or ORN revealed that the company is preparing to travel to present information to investors Or a road show to offer shares to the public for now first , or IPO, totaling 406.50 million shares, starting in Rayong, Chonburi, Ratchaburi, Nakhon Pathom, Phitsanulok, Nakhon Sawan, Chiang Mai, Ubon Ratchathani, Nakhon Ratchasima, Khon Kaen, Udon Thani, Phuket, Surat Thani, Songkhla and closed in Bangkok on 6 September – 9 October 2023.

Mr Suphon Khaploydee, Managing Director of Asset Pro Management Company Limited (APM), as a financial advisor, said the company is confident that it will get a good response from investors because ORN has a strong business base and has the potential to grow. many in the future Travel to a road show for the fund. Institutional investors Trading room of leading securities companies including small investors in the country Enabling investors to understand the details of business operations financial information and future action plans Including the growth potential of the company In line with the plan to raise funds from the IPO currently, Ornsirin Holding Public Company Limited or ORN has a registered capital of 1,500 million baht, divided into 1,500 million ordinary shares with a par value of 1 baht per share and already has capital. paid 1,093.50 million baht, with an IPO of 406.50 million shares or 27.10% of the paid-up capital after the IPO is offered and all ordinary shares will be listed on the Stock Exchange of Thailand (SET).

As for Mr Preedikorn Buranupakorn, Chief Executive Officer of Ornsirin Holding Public Company Limited or ORN, he said that ORN is currently involved in the business of investing in other companies (Holding Company). The main business group is Low-rise real estate development projects include detached houses, semi-detached houses, townhouses, and commercial buildings, etc., and high-rise real estate projects include low-rise condominiums and high-rise condominiums in quality locations in Chiang Mai province. The company is currently developing low-rise and multi-storey real estate projects under the brands THE ESCAPE, HABITAT, BELIVE, ORNSIRIN, ORNSIRIN VILLE, URBAN MYX, BUSINESS CENTRE, THE ASTRA, ARISE and THE NEXT.

“The company is well prepared to travel and present information to investors. who after raising money this time can expand the company’s business to be strong Strengthening financial potential In order to support the development of new projects in the future, we really hope that we will receive a good response from potential investors in each of the 15 states and can lead investors and the company to grow together,” said Mr Preedikorn.

Regarding past operating results in 2020-2022, the company had an operating income of 864.98 million baht, 677.60 million baht, and 1,534.34 million baht, respectively, and had a net profit of 128.90 million baht, a net profit of 75.25 million baht, and a net profit of 280.92 million baht, respectively, with the company’s income growing in line with the group’s project expansion plans. For the operating results for the 1st quarter of 2023, the company had an income of 491.70 million baht and a net profit of 102.45 million baht.

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