EURO starts trading on mai on February 14th.

Bangkok, Euro Creations Public Company Limited operates as an agent for importing and distributing complete furniture and home decorations from leading luxury brands. Under the store name ' Euro Creations' and stores under other brands Ready to trade on the MAI Stock Exchange on February 14, with a securities value at the IPO price of 3,233 million baht, using the securities trading abbreviation " EURO". Mr. Praphan Charoenprawat, Manager of the MAI Stock Exchange (mai), revealed that the mai Stock Exchange welcomes Euro Creations Public Company Limited to register and begin trading on mai under the consumer products group. Using the securities trading abbreviation "EURO" on February 14, 2024. EURO is a representative for importing and distributing complete furniture and home decorations from leading luxury brands. Under the store name 'Euro Creations' and stores under other brands which covers both kitchen furniture office furniture outdoor furniture Electrical lighting products, bedding, exercise equipme nt and technological products or equipment It is the sole official importer and distributor in Thailand of 16 brands, such as Calligaris, Cassina, Christopher Guy, and Technogym, etc., and is a distributor of general products of 13 brands. Currently, the company has 5 showrooms in the Bangkok area, such as Euro Creations. at Thonglor, Natuzzi Italia at Siam Paragon, etc., which supports both general customer groups and business customer groups. In the first 9 months of 2023, the company has income from general customer groups: Business customer groups: Others in a proportion of approximately 67 percent. : 32 : 1 respectively EURO has paid-up capital after the offering of 152.5 million baht with a par value of 0.50 baht per share, consisting of 250 million existing common shares and 55 million additional common shares. Existing shareholders will sell 23 million shares as a re-offering. Individuals at the discretion of the underwriter 49.06 million shares, institutional investors 15 million shares, benefactors of the company 11.7 million shares, and directors, executives of the company 2.24 million shares on 31 Jan. and 1 - 2 Aug. 2024 at a price of 10.60 baht per share, equivalent to an IPO offering value of 826.8 million baht. The value of securities at the IPO price is 3,233 million baht. The IPO share offering price has been determined from a survey of demand for securities (Book Building). ) and consider the ratio of share price to net profit per share (Price to Earnings Ratio: P/E Ratio) equal to 18.13 times, which is calculated from net profit for the past 12 months. (From 1 Oct. 2022 to 30 Sep. 2023) equal to 178.30 million baht divided by the number of common shares issued and paid after this share offering (fully diluted) to get net profit. per share is equal to 0.58 baht, with Trinity Securities Co., Ltd. serving as financial advisor and underwriter and underwriter. Mr. Kevin Gambir, Chief Executive Officer of Euro Creations Public Company Limited, revealed that for more than 25 years, the company has g iven importance to selecting products and creating a good experience in presenting products throughout the customer journey. (Customer Journey) to meet customer needs to cover all areas of life. By experts with knowledge and expertise Able to meet customer needs in every step of decorating houses, hotels, office buildings. and sports club For the money received from fundraising The company will use it to invest in expanding its business. The construction of 3 new showrooms, 2 on Thonglor Road and 1 in Phuket Province, will be used to repay loans from financial institutions. and used as working capital for the company's operations EURO's major shareholder after the IPO is the Gambir family. Holds 59.54% of shares and Amonrattanawet family Holding 14.89% of shares, the company has a policy to pay dividends to shareholders at a rate of not less than 30% of net profits from the separate budget after deducting taxes and legal reserves. Investors and interested parties can see details From the company's prospectu s at the SEC's website at www.sec.or.th and general information of the company at www.eurocreations.co.th and www.set.or.th . Source: Thai News Agency