The new stock NEO opened for trading at 48.25 baht on the first day above pre-booking by 23.72% or 9.25 baht or 39 baht from the IPO price.
The new stock NEO opened for trading at 48.25 baht on the first day above pre-booking by 23.72% or 9.25 baht or 39 baht from the IPO price.
As of April 9, 2024, the morning movement of the Thailand stock market, the new share NEO or Neo Corporate Public Company Limited was up 23.72% or 9.25 baht above its first day booking or 48.25 baht from the price. IPO Found 39 Baht, Xian Hong – Sataborn Ngamruangphong has 6,000,000 shares or 2.00% as the 6th largest stake.
Suthidej Thakolsree, CEO, Neo Corporate PCL, said NEO is committed to being an innovative FMCG company in Asia. It helps to improve the quality of life of consumers with the knowledge and accumulated experience of more than 30 years, marketing strategies and research and development helps NEO to create quality products in line with consumer needs and strengthen the brand to help increase the competitiveness of the list. and future growth, NEO plans to use most of the raised funds to expand production capacity for home products. Expand raw material inventory and packaging and treasury management systems to support the company's future business growth plans.
NEO's major shareholders after the IPO are Mr. The Suthidet family group holds a total of 65.3% of the shares. Finansa Fund Management Company Limited holds a total of 6.3% shares. The company has a policy of paying dividends at a pro rata rate. Not less than 40% of the profit. Net from separate financial statements after deducting corporate income tax. and allocation of reserve fund as per company rules and regulations depending on operational results. Economic condition Business expansion plan and other factors are considered relevant
The Stock Exchange of Thailand disclosed that the stock exchange welcomes the listing of Neo Corporate Public Company Limited, Deputy Manager, Head of Securities Issuer Division, Manbong Chenanarong. and began trading on the stock market on April 9, 2024 using the security trading symbol “NEO” in the Consumer Products sector, Personal Care Products and Medical Products segment.
NEO is engaged in the business of marketing, manufacturing and distribution of consumer goods. It includes household products, personal products and baby products under the successful brand Fineline, T-Nee, Benis, Eversense, TROS, Vivite, all 8 brands are accepted by consumers and offer quality products and understand the various consumer needs at reasonable prices.
NEO has a post-IPO paid-up capital of 300 million baht, par value 1 baht per share, offering common shares to the public for the first time, totaling 87.5 million shares, 78 million additional common shares and existing shares common shares FNS Holdings Public Company Limited, 9.5 million shares. , are offered for sale to the company's directors, officers and employees. and subsidiaries are the Company's beneficiaries and institutional investors and persons subject to the underwriter's discretion between 28-29 March 2024 and 1-2 April 2024 at a price of 39 baht per share, representing a fund-raising value of 3,042 million baht and an IPO price of 11,700 million baht, which represents TISCO Securities. Finance and distribution manager with the Company Limited and guarantee distribution of common shares
Checking….Sureee Silawong
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