mai market accepts STX for mai trading on April 26, market cap value 921.40 million baht.

Mr. Praphan Charoenprawat, Manager of the MAI Stock Exchange (mai), revealed that the mai Stock Exchange welcomes Stone One Public Company Limited to register and begin trading on mai under the real estate and construction industry group. Using the securities trading abbreviation “STX” on April 26, 2024.

STX and its subsidiaries operate stone and mineral mining businesses. Including providing complete transportation services to customers at the job site. There are mining concessions for 2 locations, consisting of 1) Nong Kha Mine, Si Racha District, Chonburi Province. granite production which is used in the construction of buildings, roads, and sold to customers in the Chonburi province. Including the Eastern Economic Corridor EEC and 2) Chom Bueng Mine, Chom Bueng District, Ratchaburi Province. Produce and sell limestone and dolomite minerals. Which is used in the construction industry, cement, glass production, soil balancing or water treatment, etc.

At the end of 2023, both mines had reserves of 1.17 and 13.82 million tons. Production reserves will run out within 2025 and 2030, respectively. In 2023, the group has a revenue structure separated by product, including granite: Limestone : Dolomite mineral proportion 33 : 55 : 12 respectively.

STX has paid-up capital after the offering of 307.13 million baht with a par value of 1.00 baht per share, consisting of 242.13 million existing common shares and 65 million additional common shares, of which 64 million will be offered to individuals at the discretion of the underwriter. The shares will be offered for sale to the company’s benefactors, 0.50 million shares, and directors, executives, and employees, 0.50 million shares, on April 18-19 and April 22, 2024, at a price of 3.00 baht per share, representing an IPO value of 195 million baht. Securities value at IPO price 921.40 million baht

In determining the IPO price, the price to earnings per share (Price to Earnings Ratio: P/E Ratio) is equal to 24.22 times, which is calculated from the net profit for the past 12 months (2023 period) divided by the number of common shares. issued and paid after this share offering (fully diluted) will have a net profit per share equal to 0.12 baht, with I V Global Securities acting as the financial advisor and the underwriter and underwriter.

Mr. Songwut Wechachanukroh STX Chief Executive Officer revealed that the company has set a goal to expand the source of raw materials and production. To expand the business to cover all regions With the principles of sustainable development Be socially and environmentally responsible For the money received from fundraising The company will use it to invest or purchase a quarry and mineral business. or used in factory construction Related machinery and equipment as well as used as working capital in the business

STX’s major shareholders after the IPO are the Dr. Jarerath Pingklasai family, holding 34.86 percent of the shares, the Ano family. holds 33.56% of the shares and Mr. Sayam Watcharapreecha holds 3.91% of the shares. The company has a policy to pay dividends to shareholders at a rate of not less than 50% of the net profit of the separate financial statements after deducting taxes and legal reserves.