Bangkok, Penelesmatic Solutions PCL., an expert in mobile soundproof walls. Automatic operating room door system and intelligent entrance and exit system Ready to trade on the MAI Stock Exchange on February 22 with a securities value at the IPO price of 699.20 million baht, using the securities trading abbreviation "PANEL". Mr. Praphan Charoenprawat, Manager of the MAI Stock Exchange (mai), revealed that the mai Stock Exchange welcomes Penelesmatic Solutions Public Company Limited to register and begin trading on mai under the Real Estate and Construction Group. Using the abbreviation for securities trading as "PANEL" on February 22, 2024. PANEL is a manufacturer and distributor of mobile soundproof sliding wall products, glass doors, and smart entrance and exit systems. which is a group of interior design products for general buildings under the brand PANELÉS. In addition, we have been appointed as the sole import and distributor agent in Thailand for products used in healthcare facilities, brand MANUSA fr om Spain, such as doors. Automatic vacuum used for operating room doors X-ray room doors The company has a factory located at Khlong Luang District Pathum Thani Province Supports production according to customer orders, which include contractors, facility owners and architects who specialize in healthcare facilities, hotels, companies and various stores. In the first 9 months of 2023, the company has income from selling products for interior architecture. : Product group for healthcare facilities : Service income and others In the proportion of approximately 60 : 30 : 10 percent, respectively. PANEL has a paid-up capital after the offering of 95 million baht with a par value of 0.50 baht per share, consisting of 140 million original common shares and 50 million additional common shares, which will be offered to individuals at the discretion of the underwriter in full on February 14 - 16, 2024 at a price of 3.68 baht per share, calculated as an IPO offering value of 184 million baht, security value at the IPO price of 699.20 million baht. In determining the IPO share price, consideration is given to the ratio of share price to net income per share (Price to Earnings Ratio: P/E Ratio) is equal to 29.72 times, which is calculated from net profit for the past 12 months. (from October 1, 2022 to September 30, 2023) equal to 23.53 million baht divided by the number of common shares issued and paid after this share offering (fully diluted) will result in net income per share equal to 0.12 baht by There is S14 Advisory Company Limited as a financial advisor. and Globlex Securities Co., Ltd. is the underwriter and underwriter. Mrs. Julia W. Phetchapaisit, Chief Executive Officer of Penelesmatic Solutions Public Company Limited, revealed that the company is an expert in mobile soundproof walls. Automatic operating room door system and intelligent entrance and exit system Throughout the period of more than 34 years, the company has been committed to providing complete services to be One Stop Service, such as design, procur ement, installation, and after-sales service, etc. for the money raised from fundraising. The company will invest in building a new factory and purchasing machinery to increase production capacity and efficiency. Used to repay loans and use as working capital for the company's operations. PANEL's major shareholders after the IPO are the family of Mrs. Julia W. Petchapaisit, holding 40.53 percent of the shares and Mr. Ansurat Areekul holding 33.16 percent of the shares. The company has a policy of paying dividends to shareholders. At a rate of not less than 40 percent of the net profit from the separate budget 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 of the company at www.panelesmatic.com and www.set.or.th . Source: Thai News Agency