KCG closes IPO subscription for 155 million shares, trading on SET on August 3, moving forward with joint ventures and mergers to support growth.

KCG closes reservation for 155 million IPO shares at 8.50 baht. Bualuang Securities, a financial advisor, expects to register and start trading on the first day on SET on August 3, ready to move forward to create growth both domestically and abroad. Countries through joint ventures - mergers, focusing on businesses producing milk fat raw materials, cheese, palm oil.

Mr. Pichet Sithi-Amnuay, Managing Director, Bualuang Securities As a financial advisor and the underwriter and underwriter of shares of PCL. KCG Corporation (KCG) revealed that after allowing investors to subscribe for additional common shares for public offering (IPO) of KCG Corporation Public Company Limited, amounting to 155 million shares at a price of 8.50 baht per share on 20 – 21 July and 24 July received good response from investors. It reflects strong fundamentals and confidence in KCG's future growth potential. It is expected to be listed and begin trading on the Stock Exchange of Thailand (SET) on August 3, 2566.

Mr. Watit Tamavimok, Chief Executive Officer and Managing Director of KCG said Listing on the Stock Exchange of Thailand It is considered an important step in strengthening KCG's business operations, with plans to expand investment to upgrade production technology. Creation of new distribution centers and warehouses, creation of new products and innovations To become a leader in the production and import of leading butter, cheese and prepared food products from around the world. with major quality in Thailand Through delivering quality products that create delight in the taste of food. As well as sourcing raw materials and selecting leading brands from all over the world. In line with the lifestyles of consumers of all genders and ages both domestically and abroad.

The company has set an investment framework between 2566-2567 to expand production capacity for cheese products. (Individually Wrapped Processed Cheese Slices) and butter increased to 4,212 tons per year and 23,261 tons per year, respectively. Ready to construct and develop the KCG Logistics Park distribution center and warehouse to support growth both domestically and abroad.

At the same time, it will focus on expanding distribution channels to B2C customers through convenience stores. vending machine and online platforms In addition, we continue to raise the level of service to B2B customers through providing a complete range of products on the online platform. By upgrading the logistics level to the Cold Chain Fulfillment system to support the transportation of various types of goods. and will expand overseas markets through distributors This is expected to result in the company's export income. Strong growth over the next 3 years

In addition, KCG also aims to create growth both domestically and internationally through joint ventures or mergers and acquisitions (M&A), focusing on businesses that can enhance the growth potential of the company, such as upstream business. For example, manufacturers of milk fat, cheese, palm oil, etc., which will help strengthen the value chain (Supply Chain), increase the ability to procure and manage raw material costs efficiently. This will increase competitiveness for sustainable growth.