SEC counts one-way fining "Copper Wire" raising 160 million shares.

Sec. Ngern Nueng Fai "Copper Wire" IPO 160 million shares offering to support future growth of the company Including investing in retail business expansion, renovating branches, and using it as working capital. And pay back the loan. Wielding securities. KTC Amigo FA is sure to hold a road show to meet investors this October.

Ms. Nawarat Thamsuaydee Senior Vice President KT ZMICO Securities Company Limited, a financial advisor and underwriter, revealed that the Office of the Securities and Exchange Commission (SEC) has counted one application for permission to sell securities. And the registration statement of Copper Wire Public Company Limited or CPW is completed. For the initial public offering (IPO), listed on the Stock Exchange of Thailand (SET) of 160 million shares with a par value of 0.50 baht per share, representing 26.67% of the issued and paid-up ordinary shares. All after this IPO in the 4th quarter of 2019
For fundraising purposes, invest in and / or expand retail stores Retail store renovation Use as revolving capital
Circulating and paying loans With a project to expand the retail stores of the company in 2020, all 6 branches in Thailand, including .life shop and Apple Brand Shop, with a total investment value of approximately 70,000,000 baht, excluding store rental fees And the project to improve the retail stores of the company in 2020 by about 3 branches, namely .life shop, to be more modern and unique. The total investment value is approximately 18,000,000 baht.
As of 30 June 2019, CPW has registered and paid-up capital before IPO 440,000,000 shares, registered capital after IPO
600,000,000 shares with a par value of 0.50 baht per share. Dividend policy of not less than 50% of net profit after income tax and various deductions All types according to the law
Mr. Parames Riencharoensuk Chief Executive Officer Copper Wire Public Company Limited or CPW revealed that the group
The company is a leader in retail and wholesale digital lifestyle products from more than 200 leading brands and over 2,000 items, covering products that are innovative and modern, responding to customers for new life. And can be used in everyday life such as audio equipment Health and fitness equipment Home and office equipment And various accessories, including selling Apple brand products, including smartphones Computer and tablet Through retail stores under the management of the company. Results of the past 3 years The Copper Wire Group is continuously growing. Both income and net profits haveMainly due to the increased proportion of sales of digital lifestyle products. And expanding the wholesale business of a subsidiary company which has a profit marginHigh gross

While the result for the first 6 months of the year 2019, total revenue was 1,577.80 million baht, growing by 5.90% compared to the same period
Gross profit was 236.98 million baht, an increase of 8.56% compared to the same period of the previous year at 218.29 million baht. Net profit was at 26.48 million baht, a decrease of 33.33% compared to the same period last year. The same period last year was at 39.72 million baht, mainly due to an increase in sales expenses. Due to the closing of the .life shop renovation, Siam Paragon branch Causing no income from that branch Also opening a new branch To support the business growth in the future
For the main income proportion for the first 6 months of the year 2019, which are digital lifestyle products, 46.33%, smartphone groups 22.94%, computer and tablet 27.72%, repair services And guarantee 2.43% of total income
Currently, CPW is moving forward as planned to raise funds in the Stock Exchange of Thailand (SET) this year, reinforcing its leadership in the market.
Digital Lifestyle Group Which has high growth opportunities in the future And to build confidence for investors. CPW is preparing to present a summary of the offering of newly-issued ordinary shares to the fund. And retail investors at the stock exchange in early October

"Retail business of digital lifestyle products Still considered a very new market Looking at the market in Thailand No one is leading this business.
Indeed, while Thailand is moving towards the era of IoT and 5G, it encourages new technology to be introduced, tools for communication and various devices to make our lives easier. And the trend of digital lifestyle products is on the rise And being in the global growth trend. While CPW, we have seen this growth opportunity for a long time Was the first company That came into this market And not worried about the competition Because we are confident with our experience in the retail business for more than 19 years, having invaded digital lifestyle products in Thailand for 17 years, making us more expert than others in the selection of products that are outstanding, innovative, modern, responding to consumers both B2B and B2C, "said Mr. Pames.