Bangkok, July 6-Paet Rangsit Healthcare Group Plc. Private hospitals in Pathum Thani province which provides treatment for heart disease and complex diseases for mothers and children Ready to be traded on the SET on July 6, with a market capitalization at the IPO price of 6,300 million baht, using the stock trading abbreviation “PHG”.
Mr. Pakorn Peetathawatchai, director and manager of the Stock Exchange of Thailand, revealed that the Stock Exchange of Thailand welcomes Phaet Rangsit Healthcare Group Public Company Limited. Listed and started trading on the stock exchange in the service group medical business category By using the stock trading abbreviation “PHG” on July 6, 2023
For PHG, it has operated a private hospital business that provides general and specialized medical services under the name “Phat Rangsit Hospital” for more than 37 years, making it the first private hospital in Pathum Thani Province. and continually expanding the service Which has set up another 2 hospitals in the network, namely Rangsit Maternal and Child Specialist Hospital and Phaet Rangsit 2 Hospital, with a total of 270 registered beds and more than 1,000 medical personnel to support both general customers. Government Welfare Project Group and foreign customers in Pathum Thani, northern Bangkok and nearby provinces Its strengths include specialized services such as a 24-hour heart center capable of performing open heart surgery, and obstetrics and pediatrics that can treat complex diseases.
PHG has a paid-up capital of 300 million baht with a par value of 1 baht per share, consisting of 246 million existing ordinary shares and 54 million newly issued ordinary shares offered to the public for the first time (IPO). of underwriter 40.53 million shares, benefactor of the Company 8.1 million shares, and directors, executives and employees of the Company and its subsidiaries 5.37 million shares during June 28 – 30, 2023 at a price of 21 baht per share, representing a fundraising value of 1,134 million baht, with a securities value at the IPO price of 6,300 million baht.
Mr. Ronnachit Yamsa-ard, Chief Executive Officer of Phaet Rangsit Healthcare Group Public Company Limited (PHG), revealed that listing on the SET It will strengthen its capital for growth in line with its strategy of expanding the business. Driving society through better health services and create added value in the long run The proceeds from the fundraising will be used to expand the business vertically to further develop the potential of medical services for the elderly with cancer. and gynecological diseases to raise the group
The hospital will be a tertiary level hospital in the future. PHG has the first 3 major shareholders after the IPO, namely 1) Chang family surname holding 37.22% 2) Yamsaard family holding 28.00% and 3) Ms. Apiradee Di Saphat holds 2.25% of the shares. The Company has a policy to pay dividends at a rate of not less than 50% of net profit from separate financial statements. After corporate income tax and legal reserve allocation .-Thai News Agency
Source: Thai News Agency