Bangkok, March 15- “PRTR”, the first day of trading, opened at 8.90 baht, the price jumped 23.61%, hoping to bring money to develop new businesses. used as working capital And pay back the loan, pushing income to grow by 20% per year, and aiming to expand the market to Southeast Asia
"PRTR" or PRTR Group Public Company Limited, a complete human resource service provider Trading in the Stock Exchange of Thailand Today is the first day, the opening price is 8.90 baht, up 23.61% from the IPO price of 7.20, with Mr. Pakorn Peetathawatchai, director and manager of the Stock Exchange of Thailand. and Mr. Manpong Senanarong, Deputy Manager, Head of Issuer Division and Ms. Risara Charoenpanich, Chief Executive Officer of PRTR Group Public Company Limited or "PRTR" attended the opening ceremony for the first trading day.
PRTR operates the business of providing comprehensive human resources services, including 1) HR Outsourcing Services business for leading companies and organizations. At present, the company provides recruitment services for more than 15,000 people, such as salespeople, factory workers. Customer contact staff, engineers, technicians, office workers, etc. 2) Recruitment Services at all levels that meet the needs of customers 3) Online job search platform service under the name NEXMOVE 4) Training services for specific courses in More than 200 offline and online courses via BLACKSMITH's mobile application and website, and 5) personnel management software services.
PRTR has paid-up capital after the IPO of 300 million baht with a par value of 0.50 baht per share, consisting of 450 million existing ordinary shares and 150 million newly issued ordinary shares (IPO). The first between 8 – 10 March 2023 at a price of 7.20 baht per share and having a security value at the IPO price of 4,320 million baht. The offering price of IPO shares is calculated as a price to earnings per share ratio (P/E ratio) of 16.3 times with KGI Securities (Thailand) Public Company Limited acting as a financial advisor. and an underwriter and underwriter for the underwriting of common stock.
Ms. Risara Charoenpanich, Chief Executive Officer of PRTR Group Public Company Limited or "PRTR" revealed that the listing on the stock exchange will support PRTR to become a leader in the business of total HR solutions (Total HR Solutions) covering staff recruitment services staffing Payroll and other services The company has a strategy to expand new growth opportunities (New S-Curve) in human resource development and provide technology to support the full range of human resource work. This fundraising thus strengthening the Company's capital used as working capital invest in new business Develop new innovations and repay loans. which will increase the ability to compete And able to expand the market to Southeast Asia steadily Aiming to have revenue growth of 20% per year.
Source: Thai News Agency