HILITE: SABUY closed the first trading day at 1.87 baht below the IPO asking price.



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SABUY’s shares closed on the first day of trading at 1.87 baht, a decrease of 0.63 baht (-25.20%) from the IPO sale price of 2.50 baht / share, a trading value of 947.85 million baht, opening the market at 2.50 baht, the highest price at 2.62 baht and the lowest price at 1.82 baht.

TISCO Securities stated in the preliminary appraisal analysis of Sabai Technology Plc. (SABUY), considering similar businesses, which is Fort Smart Service Plc. (FSMART), which is trading at approximately 10 times the PER, compared to SABUY’s share price in its IPO, representing a 12-month PER of 23 times, giving SABUY the opinion that the Its IPO price is already quite high.

The Group aspires to be a company capable of providing financial services. To meet customer needs in relation to financial transactions (Financial Service Provider) as well as being a convenient vending machine provider Create maximum customer satisfaction. Currently, it can be divided into 4 businesses: 1) Automatic recharge business 2) Vending machine business 3) Food court system 4) Payment service business

Future projects: 1. A project to add a Vending Plus Co., Ltd. (VDP) distribution center in other provinces and 2. A project to add vending machines. Including installation of vending machines with VDP business partners


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