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KLINIQ set up 7 brokerages to sell IPO shares after beating the price of 24.50 baht/share, which is expected to trade

Mr. Rattachai Thirathanawat, Chief Executive Officer, Investment Banking Division, Capital Market, Dao Securities (Thailand) (DAOL) as financial advisor The Klinique Plc. Medical Clinic (KLINIQ) said that the company is preparing to offer ordinary shares in the amount of no more than 60,000,000 shares to the public. through 7 securities distributors and distributors, which include Dao Securities (Thailand), Asia Plus Securities, Finansia Syrus Securities, Kingsford Securities, and KGI (Thailand), Phillip Securities (Thailand), Pai Securities

KLINIQ has set the price for the initial public offering (IPO) at the price of 24.50 baht per share, which will be open for subscription between 28 October-1 November 65 and is expected to be listed on the stock exchange. mai) within November, using the trading abbreviation “KLINIQ” in the service industry.

“I am confident that KLINIQ will receive a great response from investors. As a leader in a comprehensive health and beauty business and is the first clinic to raise money in the stock market And from the Asset Light business model, the expansion of branches is fast, the cost is not high, the capital can be returned from within 2-3 years. This is evident from its strong financial position. It can hardly be called interest-free. Combined with the strong THE KLINIQUE brand. keep customers coming back to use them again resulting in consistent income (Recurring Income) to support strong business growth”

Operating results for the first 6 months of the year 65, the company had a total revenue of 714.72 million baht, an increase of 58.26% from the same period the previous year at 451.59 million baht. The net profit was 100.22 million baht, an increase of 67.03% compared to the same period the previous year was 60 million baht, while the net profit of the year 64 for the whole year was 129.25 million baht.

Dr said. Apiruj Thongwat, CEO of KLINIQ, that the purpose of this fundraising The company plans to use the money to expand medical clinic branches, about 6-10 branches per year, covering Bangkok, big cities and small cities. It is expected that the investment will be used to expand the medical clinic and purchase additional medical equipment of approximately 950 million baht. It is expected that the capital will be returned within 2-3 years The surgical center will use the investment of about 150 million baht, it is expected to pay back within 3 years – 4 years

In addition, the money will be used for the purchase of medical equipment. Strengthen its leadership in medical innovation Expand the operation of the surgery center and develop the IT system to increase the efficiency of the support department. Regarding the development of IT systems, the investment budget is approximately 50 million baht and is expected to start operations within the year 66 and be used as working capital of approximately 270 million baht.

“We are confident with Asset Light’s business model and strong financial position, after raising money in the stock market This will give the company a lot of potential for growth. In addition, THE KLINIQUE brand has received excellent feedback from customers. It can be seen from the number of customers who have more than 200,000 who come back to use them again, resulting in recurring income and from the branch expansion plan. This will enable the company to grow rapidly in the next 1-3 years, pushing the trend of operating results to continuously record new highs,” said Dr Apirut.