General

BPS closed the first day of trading up 36.67%, while opened trading 135.56% above reservation.

Stock Exchange, BPS shares entered the first day of trading on mai at 2.12 baht from the IPO price of 0.90 baht, an increase of 1.22 baht or an increase of 135.56%, while closing the first day of trading at 1.23 baht, an increase of 0.33 baht or an increase of 36.67%. BPS Technology Public Company Limited (BPS), a distributor of electrical connection equipment within buildings. Related technology products Roof mounted solar cell equipment Fiber optic network for communication and products that help facilitate living and commercial buildings Entered trading on the MAI Stock Exchange today (April 3, 2024) with a security value at the IPO price of 360 million baht, using the securities trading abbreviation "BPS". It opened for trading on the first day at a price of 2.12 baht from the IPO price of 0.90. Baht increased by 1.22 baht or increased 135.56% while closing the first day of trading 1.23 baht increased by 0.33 baht or increased 36.67%. Trading value 1,855.41 million baht. Highest price 2.20 baht. Lowest price 1.20 baht. BPS is a supplier and distributor of materials and equipment related to electrical systems and technological equipment. Currently, BPS's business has become a Solution Provider with a strategy to expand existing products and services into integrated technology and digital products and services. It is a center for products and services related to housing for residents. Business and factory customer groups. In addition, the company has received a license to operate a telecommunications business that can provide telecommunications systems with a network (Network Service) to the general public. Work has begun to install fiber optic cables within the condominium building. To provide communication services to residents By collaborating with internet entrepreneurs, the IPO price is 0.90 baht per share, representing an IPO value of 108 million baht. The securities value at the IPO price is 360 million baht for the money raised from fundraising. The company will invest in various projects, including a project to expand the business of installing rooftop solar power generation systems. Smart home innovation equipment and installation work Fiber optic equipment and installation for communication Learning center for technicians and used as working capital of the company. Source: Thai News Agency