BANGKOK, February 21, 2024 – Market for Alternative Investment (mai) will list PanelesMatic Solutions pcl, a specialized supplier for movable soundproof partitions, automatic operating room doors and smart access control systems, on Feb 22 under the ticker symbol “PANEL”.
Key Takeaways
- PANEL, a specialized supplier for movable soundproof partitions, automatic operating room doors, and smart access control systems, will be listed on mai with a market capitalization of approximately USD 19.39 million.
- The company’s IPO price was equivalent to a price-to-earnings ratio (P/E ratio) of 29.72 times, and the proceeds from the fundraising will be used to build a new factory, purchase machines, repay loans, and serve as working capital.
- PANEL’s major shareholders after the IPO are the Julia Petpaisit’s family (40.53 percent) and Aungsurus Areekul (33.16 percent), and the company’s…