S.CL. Motor Parts Public Company Limited is a distributor of auto parts. It is set to trade on the Market for Alternative Investments (MAI) on November 1 at an IPO price of 385 million baht, using the trading symbol “SCL”.
MAI Stock Exchange (mai) Manager Mr. Praban Saronprawat informed that the mai stock exchange welcomes SCL Motor Parts Public Company Limited to register and commence trading under Industrial Products Group. November 1, 2023 using the securities trading abbreviation “SCL”.
SCL works as a distributor of auto parts. Under the brands of various car brands like ISUZU, MITSUBISHI, TOYOTA, HONDA, FUSO, FORD, NISSAN and CHEVROLET and AISIN, KAYABA, EXEDY, DENSO. and fixed replacement parts from recognized auto parts manufacturers such as TOKICO is currently a full-service auto parts distributor company covering more than 167,000 parts products, with more than 1,600 customers including medium and small-scale auto parts entrepreneurs in every region of Thailand. In addition to the multi-branch service center business group and insurance company groups, the company has added distribution channels through online platforms such as Lazada, Shopee, Big Thailand and Egg Mall. In the first 6 months of 2023, the company generated revenue from the sale of auto parts. Under car brand brands and replacement car parts approximately 88 : 12 percent
SCL’s paid-up capital after the issuance of 125 million baht with a par value of 0.50 baht per share consists of 180 million existing common shares and 70 million additional common shares, of which 52.5 million shares will be issued to individuals on a discretionary basis. 10.5 million shares of contractors, beneficiaries of the company and 7 million shares of directors, executives and/or employees of the company on 25 – 27 October 2023 at a price of 1.54 baht per share, representing a fundraising value of 107.80 million baht of bonds. 385 million valued at the IPO price. Pat. The IPO price is determined by the price-to-earnings ratio (price to earnings ratio: P/E ratio) equal to 13.45 times the net profit of the last 12 months. (From July 1, 2022 to June 30, 2023) divided by the number of public shares equal to 28.62 million baht and after this share issue (fully diluted) Financia Cyrus Securities Public Company’s net income is 0.11 baht. Ltd. Financial Advisor and Underwriter.
Chairman of SCL Motor Parts Public Company Limited Mr. Sakon Thangosakul, Group has been appointed as the official distributor of ISUZU auto parts for over 58 years since 1969. Over the past year, the company has been committed to supplying quality genuine spare parts and replacement parts. With fast and friendly service, as the company’s slogan states, “Every piece is cheap, every part is genuine”, customers can be confident of getting the right and fast spare parts.
The money raised by the company will be used to repay the debt. Also used as capital for company operations
The main shareholder of SCL after the IPO is the Tang Korsakul family. With 72.00% stake, the company has a dividend payout policy
Shareholders at the rate of not less than 40 percent of the net profit after taxes and legal reserves.
Investors and interested parties can view details from the prospectus of the company on the SEC’s website at www.sec.or.th and general information of the company at www.sclmotorpart.com and www.set.or.th