MAI Stock Exchange welcomes PMC to start trading on September 11th.

PMC Label Materials Public Company Limited (PMC), a manufacturer and distributor of blank sticker products or adhesive labels for both domestic and international customers, is ready to begin trading on the Market for Alternative Investment (mai) on 11 September with a market capitalization at the IPO price of THB 702 million, using the abbreviation 'PMC'. Mr. Prapan Charoenprawat, Manager of the Market for Alternative Investment (mai), revealed that the mai welcomes PMC Label Materials Public Company Limited to list and begin trading on mai under the Industrial Products Group, using the abbreviation 'PMC' on 11 September 2024. PMC is a subsidiary of Selic Corp Public Company Limited (SELIC), operating the business of manufacturing and distribution of sticker products or adhesive labels, which are upstream products consisting of 3 main groups: paper stickers, film stickers, and special stickers. It is distributed to customers in the label printing business group (Printers) and label manufacturers (Converter s) mainly. The proportion of domestic sales: international sales is approximately 65:35 percent, exported to more than 15 countries worldwide. There is currently 1 manufacturing plant located on an area of ??13 rai in the Packaging and Printing Industrial Estate, Samut Sakhon Province, with a sticker production capacity of 75 million square meters per year. In the first half of 2024, the company's revenue was separated by product type: paper stickers: film stickers: special stickers at 62:26:12 percent, respectively. If considering the industry groups that use the products, the proportions are as follows: retail and personal care group: food and beverage group: transportation group: others at 64:13:8:15 percent, respectively. PMC has a paid-up capital after the offering of 385.72 million baht, a par value of 1 baht per share, consisting of 270 original ordinary shares. million shares and 115.715 million common shares for capital increase, offered to specific SELIC shareholders who are entitled to receive 34. 715 million shares on August 29-30 and September 2, 2024, offered to persons at the discretion of the underwriters, 71 million shares, and offered to the company's benefactors, 10 million shares on September 3-5, 2024 at a price of 1.82 baht per share, for an IPO offering value of 210.60 million baht, with a securities value at the IPO price of 702 million baht. The IPO offering price is determined by considering the price-to-earnings ratio (P/E Ratio) of 17.40 times, calculated from net profit over the past 12 months. (From July 1, 2023 to June 30, 2024) divided by the number of common shares issued and paid up after this offering (fully diluted), the net profit per share will be equal to 0.1046 baht, with KGI Securities (Thailand) Public Company Limited as financial advisor and underwriter. Mr. Ek Suwattanapim, Chief Executive Officer of PMC Label Materials Plc., revealed that the company aims to become a leader in the blank sticker manufacturing and distribution business in the ASEAN region. The company i s investing in expanding its sticker production capacity by another 110 million square meters per year, with a total investment value of approximately 230 million baht. The new production line is currently undergoing a test run and is expected to start commercial production in early Q1/2025 onwards. After the new production line is completed, the company will have a total sticker production capacity of 185 million square meters per year, which is the third largest production capacity among operators in Thailand. The funds raised from the fundraising will be used to 1) invest in new production lines and repay loans to financial institutions; 2) invest in expanding distribution centers in various countries in the ASEAN region, such as Indonesia and Vietnam. PMC's major shareholder after the IPO is Selic Corp. Plc., holding 70.00 percent of the shares. The company has a policy to pay dividends to shareholders at a rate of not less than 40 percent of the company's net profit after tax and legal reserves. Investo rs and interested parties can view the details. From the company's prospectus on the SEC website at www.sec.or.th and the company's general information at www.pmclabel.com and www.set.or.th. -516 Source: Thai News Agency