(Additional) STP knocks IPO price at 18 baht per share, open for reservation 2,6-7

Sahathai Printing and Packaging Public Company Limited (STP) determines the initial public offering (IPO) price of 25.40 million shares or equivalent to 25.40% of the number of shares after the IPO at the price of each share. 18 baht, which is open for subscription during the 2nd and 6-7th June and will be listed on the Market for Alternative Investment (mai) with KGI Securities (Thailand) as a financial advisor. and has distribution and distribution managers, namely Asia Plus Securities, KGI Securities (Thailand), Krungthai Securities, X Spring Securities, Globlex Securities, Kingford Securities and UOB Kay Hian Securities (Thailand)

STP is specialized in all kinds of paper packaging and printing business. by being a service provider from the development and design of packaging Creating high quality plates with printing up to 12 colors and post-printing services such as UV coating gold foil stamping silver foil stamping Corrugated splicing, die-cutting, etc.

The Company will allocate shares in the IPO, divided into allotment of shares to individuals at the discretion of the underwriters, 70% proportion, patrons 15%, institutional investors 9.8%, and 4.3% directors, executives and employees of the Company.

IPO price at 18 baht/share, equivalent to a P/E ratio of approximately 11.3 times. Calculate earnings per share based on the company’s net profit in the past 12 months. (from 1 Apr. 20 to 31 Mar. 20), which is equal to 122.3 million baht and is calculated according to the valuation method. It is also compared to similar industries in the SET with average P/E between 18-19.4 times.

For the money received from this IPO, the total value of 457.2 million baht, with the purpose of using the money divided into Use to support investment in factory expansion projects and invest in additional machinery in the amount of 360 million baht and used as working capital and other operations for the maximum benefit of the business, amounting to 97.2 million baht.


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