Genesis Fertility Center PCL., a specialized clinic providing comprehensive medical services for those with infertility problems under the name “Genesis Fertility Center”, ready to trade on mai. This September 13, with the securities value at the IPO price of 1,540 million baht, use the abbreviation "GFC" in securities trading.
Mr. Praphan Charoenprawat, Manager of the MAI Stock Exchange (mai), revealed that the mai Stock Exchange welcomes PCL. Genesis Fertility Center is listed and begins trading on mai under the Services group. Using the abbreviation "GFC" in securities trading on September 13, 2023.
GFC and its subsidiaries operate clinics specializing in obstetrics and gynecology. that provides comprehensive medical services for people with infertility problems With innovation and modern assisted reproductive technology By a team of expert doctors and scientists under the name “Genesis Fertility Center” in the Rama 3 area, with a service area of approximately 1,300 square meters, there are 14 doctors, divided into 5 groups, including 1) providing treatment for infertility. ICSI (Intracytoplasmic Sperm Injection) method 2) Providing embryo genetic testing services (Next generation sequencing: NGS) 3) Providing preliminary examination services before giving advice or treatment 4) Providing egg freezing and egg deposit services and 5) Providing services for treating infertility using IUI (Intrauterine insemination). In the period of 6 months 2023, the proportion of income from all 5 groups of services is 70: 18: 8: 3.7: 0. 3 and has both Thai and foreign customer groups The group of companies is in the process of investing in expanding 2 branches: the Suvarnabhumi-Rama 9 branch clinic, using an investment budget of 450.87 million baht, with a service area of 7,900 square meters, expected to open within the first quarter of 2024, and the Ubon Ratchathani branch clinic. Use an investment budget of 35 million baht (only the company's part). It is expected to open for service within the first quarter of 2024.
GFC has a paid-up capital of 110 million baht with a par value of 0.50 baht per share, consisting of 160 million existing common shares and 60 million additional common shares, of which 53 million shares are offered for sale to individuals at the discretion of the underwriters. 1.4 million shares of the Company and its subsidiaries and 5.6 million shares of the Company and its subsidiaries' directors, executives, and employees between 4 - 6 September 2023 at a price of 7 baht per share, representing an offering value of 420 million baht, the value of securities at the IPO price 1,540 million baht. The IPO price is determined using a price-to-earnings-per-share ratio (P/E ratio) of approximately 21.17 times, calculating net profit per share from net profits over the past 4 quarters. (From 1 July 2022 - 30 June 2023), which is equal to 72.74 million baht divided by the total number of common shares after this stock offering (fully diluted), calculated as net income per share of 0.
Mr. Kornpas Atchariyamaneekul The Chief Executive Officer revealed that the company provides services by a team of doctors and scientists who are experts in obstetrics, gynecology and reproductive technology with more than 20 years of experience for those with infertility problems. They have modern technology and laboratories. Including providing quality services that are certified according to international standards, increasing the potential for treatment. The money raised from this fundraiser will be used to repay loans from financial institutions. Invest in branch expansion projects Including investing in related businesses and new business opportunities in the future and using it as working capital for business operations.
GFC has a major shareholder after registration, which is Assoc. Prof. Dr. Phitak. Lao Krirkiat holds 25.46% of shares, Dr. Pramuk Wongthanakiat holds 18.18% of shares and Ms. Pasiri Orawatanasrikul holds 14.55% of shares. The company has a policy to pay dividends to shareholders at a rate of not less than 40% of Net profit of the company's separate financial statements After deducting corporate income tax and allocation of various reserve funds
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 of the company at www.genesisfertilitycenter.co.th and www.set.or.th .
Source: Thai News Agency