“TERA” is in great form! Open for first day of trading above reservation 122.86%, going to provide T.Cloud services, accepting a bustling business future, pinpointing 3 year performance with average growth of more than 10%.

Economy/Finance25 April 2024 10:152024-04-25

New stock, Terabyte Plus Public Company Limited (TERA), entered trading on the Market for Alternative Investment (MAI) on the first day, showing impressive potential. Open for trading, the price rose 122.86% above reservation from the IPO price of 1.75 baht/share, reflecting investor confidence. CEO “Surasit Kiewprasopsak” is confident that the business will continue to grow. from an increased capital base Moving forward with T.Cloud services and business expansion as planned. Accepting the future of vibrant growth Ready to accelerate product development Add channels to generate income and profits, aiming for an average growth rate of not less than 10% over the next 3 years.

Mr. Surasit Kiewprasopsak Chief Executive Officer (CEO) of Terabyte Plus Public Company Limited or TERA revealed that TERA shares entered trading on the Market for Alternative Investment (mai) on April 24, 2024, the first day. It appears that the opening trading price Impressively above the subscription price. It opened for trading at 3.90 baht per share, an increase of 2.15 baht per share or 122.86% compared to the IPO price of 1.75 baht per share, which reflects investor confidence in the company. As one of the IT Solution Providers that offers quality IT solutions Providing services with a professional team Well versed in solutions In addition, the business has many opportunities to expand. From the trend of technological advancement, especially the rapidly growing digital industry.

After raising funds this time, the company has a policy to focus on increasing business opportunities. and maintain the quality of T.Cloud services that have a high growth potential It will invest in a cloud system worth approximately 60 million baht within the 4th quarter of 2024 onwards, including investments in related businesses that have potential. to support growth With an investment of approximately 70 million baht from 2025 – 2026, the remaining money will be from this time of fundraising. It will be used as working capital for the business during 2024-2025, helping to increase gross profit margins. and growing operating results Make quality and service better Add more selling points As well as helping to increase competitive potential in leaps and bounds. Along with targeting income in the next 3 years to grow at least 10% per year, both from organic and inorganic growth, with plans to increase the proportion of income from services even more. From the current proportion of around 50%, it will increase to 70% within three years.

“I would like to thank investors for their warm welcome to TERA shares, the management team and employees. Ready to move forward with work with determination To create sustainable and stable growth and create good returns for shareholders. It is believed that from now on the company There will be increased strength in financial position. and ready to push for continuous growth To achieve the goal of being one of the IT Solution Providers that offer quality IT solutions. Providing services with a team of professionals with a bright future, able to create good returns for investors in the long term. In keeping with the slogan of TERA people…Service First. Expert Solutions. Care about service, expertise in IT,” Mr. Surasit said.

Mr. Somsak Sirichai Naruemit Chief Executive Officer (CEO) of Asset Pro Management Company Limited or APM as financial advisor to Terabyte Plus Public Company Limited or TERA said that the opening of stock trading on the first day was a success. Very well accomplished and create an impression on shareholders Which, as a financial advisor, I am extremely proud of. and is considered a good starting point for the company The money received from this fundraising round can be used to expand the business. strengthen along with pushing for growth to be in line with the goals Including believing that TERA will definitely be a stock that has all the qualities to be a hybrid stock, both Growth Stock and Dividend Stock.

Meanwhile, Ms. Aomsin Siri, Chief Executive Officer of Beyond Securities Public Company Limited or BYD, in her capacity as underwriter and underwriter (jointly) of TERA shares, said that the price of TERA shares on the first day of trading was above reservation. In addition to investors’ confidence in the company’s strong management and fundamentals, investors also see continued strong growth trends. From the company’s past operating results, including its outstanding business operations that have the opportunity to grow together. With today’s technology industry growing rapidly, the company has the opportunity to present technological solutions and standard products to meet the needs of customers in both the private and government sectors. that want to increase efficiency Whether it is the development of a large database processing system Quality storage system Including protection against cyber threats.

Source: Terabyte Plus

Symbol: TERA

Terabyte Plus