Bangkok Market Connections Asia PCL., an expert in planning marketing strategies. and services for organizing integrated marketing promotion activities Ready to trade on the MAI Stock Exchange on 26 Oct. with a securities value at the IPO price of 759 million baht, using the securities trading abbreviation "MCA".
Mr. Praphan Charoenprawat, Manager of the MAI Stock Exchange (mai), revealed that the mai Stock Exchange welcomes PCL. Market Connections Asia listed and began trading on mai under the Services group. Using the abbreviation "MCA" in securities trading on October 26, 2023.
MCA, a provider of comprehensive marketing promotion activities Through the form of field marketing activities (Field Marketing) mainly to answer business needs of customers, starting from increasing brand awareness. Creating connections with consumer groups To continuously drive sales, there are 4 main services:
1) marketing and digital activity organization service, 2) product packing and delivery service, 3) product recommendation service, and 4) product sorting service. In the first half of 2023, the company's income from 4 main services was 39:4:22:35 percent, respectively. The main customers are in the food and beverage industry. and consumer products which includes multinational companies and Thai companies. In addition, the company started a new business. To be a product distributor (Distributor) with 1 pilot project for customers in the personal care and medical supply business group in the third quarter of 2023.
MCA has paid-up capital after IPO of 115 million baht with a par value of 0.50 baht per share, consisting of 170 million original common shares and 60 million additional common shares, offered for sale to individuals at the discretion of the underwriter, not less than 51.8 million shares. Company benefactors not exceeding 4.5 million shares, directors and executives and employees of the company not exceeding 3.7 million shares on 16-18 Oct. 2023 at a price of 3.30 baht per share, representing an offering value of 198 million baht, the value of securities at the IPO price of 759 million baht. IPO is calculated as a price to net earnings per share (P/E ratio) of 35.24 times, calculated from net earnings per share in the last 4 quarters (1 July 2022 to 30 June 2023), which is equal to 21.54 million baht. Divided by the total number of common shares after this stock offering (fully diluted), the net profit per share is 0.09 baht, with Capital One Partners Company Limited serving as the financial advisor. and Globlex Securities Co., Ltd. is the underwriter and underwriter of the common shares.
Mr. Phakdee Lao-ngam, Chief Executive Officer of Market Connections Asia Public Company Limited (MCA), revealed that the company is an expert in planning marketing strategies. Experienced in providing services to leading customers from a variety of industries. both domestic and international product brands for more than 20 years and has a database of more than 9,100 employees providing external services (Outsource) to support service coverage throughout the country. An application system (MJobs system) has been developed to support the service. The money raised from this fundraising will be used to invest in assets for the Distributor business and to repay loans from financial institutions. and used as revolving capital
MCA's major shareholder after registration is the group of Mr. Phakdee Lao-ngam, holding 68.91% of the shares. The company has a policy of paying dividends to shareholders at a rate of not less than 30% of net profits after deducting corporate income tax. From the retained earnings of the separate financial statements and legal reserve funds each year
Investors and interested parties can see details From the company's prospectus at the SEC's website at www.sec.or.th and general information of the company at www.marketconnectionsasia.com and www.set.or.th
Source: Thai News Agency