MAGURO starts trading on mai June 5th.

Bangkok, Makuro Group PCL., restaurant business and drinks under the brands "MAGURO", "Something Together (SSAMTHING TOGETHER)" and "Hitori Shabu (HITORI SHABU)" ready to be traded on the MAI Stock Exchange on the 5th. This June, with the securities value at the IPO price of 2,003.40 million baht, using the abbreviation for securities trading as "MAGURO", Mr. Praphan Charoenprawat, manager of the MAI Stock Exchange (mai), revealed that the mai stock exchange welcomes Maku PCL. Ro Group listed and started trading on mai under the Agriculture and Food Industry group. Using the stock trading abbreviation "MAGURO" on June 5, 2024, MAGURO operates a restaurant business. Selling food and drinks Including providing food delivery services and catering outside the venue Under 3 trademarks, from a total of 27 restaurant branches: 1) Maguro, a Japanese and sushi restaurant that opened in 2015, 14 branches, with food delivery service via the MAGURO Go platform, 2) Something Tooge Tater, a premium Korean grill restaura nt Opening in 2021, 6 branches and 3) Hitori Shabu, an original Japanese style shabu and sukiyaki restaurant. Open for business in 2022, 7 branches, covering areas in Bangkok and surrounding areas, with a central kitchen located at Soi Chaloem Phrakiat Rama 9, Prawet District. In the first quarter of 2024, the company's revenue is separated by Makuro restaurant brand: Hito. Ri Shabu : Something Together in proportions of 58 : 25 : 17 respectively. MAGURO has paid-up capital after offering 63 million baht with a par value of 0.50 baht per share, consisting of 104.54 million existing common shares and additional common shares. 21.46 million shares, of which existing shareholders will sell 12.6 million shares, 32.78 million shares will be offered to individuals at the discretion of the underwriters, 0.62 million shares will be offered to benefactors of the company, and 0.62 million shares will be offered to directors. Executives and employees 0.66 million shares on 28-30 May 2024 at a price of 15.90 baht per sh are, representing a fundraising value of newly issued shares of 341.22 million baht, total IPO value of 541.56 million baht, security value at the IPO price of 2,003.40 million baht. Determining the IPO price takes into account the ratio of share price to net income per share (Price to Earnings Ratio: P/E Ratio) equal to 27.38 times, which is calculated from net profit12. past month (From April 1, 2023 to March 31, 2024) divided by the number of issued and paid common shares after this share offering (fully diluted), will get a net profit per share equal to 0.58 baht, with Jay Company Capital Advisory Company Limited is a financial advisor. Finansia Syrus Securities Public Company Limited is the underwriter and underwriter. Mr. Ekarerk Saengseridamrong, Chief Executive Officer of Maguro Group Public Company Limited, revealed that from his impression of 'Culture of giving more than asked (Give More)' according to Japanese philosophy is the starting point of operating a premium-mass restaurant business in orde r to provide a worthwhile and quality meal experience to customers. The money raised from fundraising will be used to expand the company's business. Renovate the original branch and central kitchen Install and improve information technology related to operations. To increase work efficiency and support the expansion of the number of branches in the future. As well as being used as working capital for operations, MAGURO has major shareholders after the IPO, namely 4 founders, consisting of Mr. Ekrerk Saengseridamrong, Mr. Chatcharat Sri Arun, Mr. Ronakat Chinsamran, and Mr. Chakkrit Saisombun. holds 14.86% each and Holistic Impact Pte. Ltd, a Private Equity Fund, holds 13.52%. The company has a policy of paying dividends to shareholders at a rate of not less than 40% of the net profit of the company's financial statements after deducting Taxes and legal reserves 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 about t he company at www.maguro.co.th and www.set.or.th . Source: Thai News Agency