OKJ starts trading on SET on Oct 4, IPO price 6.70 baht, PE 24.13 times, market cap 4,080 million baht.

OKJ Public Company Limited, a vegetable grower because she loves her mother, is a business providing services and selling food, beverages, and health products under the brand “Ohkajhu”, ready to be traded on the Stock Exchange of Thailand on October 4th with a market capitalization at the IPO price of 4,080.30 million baht.

Mr. Amnuay Jiramahapoka, Assistant Manager and Head of Securities Issuance Group 1 at the Stock Exchange of Thailand ( SET ), revealed that the SET welcomes Pluk Pak Phro Rak Mae Public Company Limited to be listed and begin trading on the SET in the Agriculture and Food Industry sector, under the Food and Beverage category, using the ticker symbol “OKJ” on October 4, 2567.

The company operates a business providing and selling food, beverages, and health products under the concept of "Be Organic from Farm to Table," as well as other food and beverage services, with an emphasis on organically grown vegetables and offering food and beverages made from high-quality organic ingredients.

The core business is food service and sales under the brand "O'Kajoo," which distributes through various channels including full-service restaurants, healthy food delivery and kiosks, healthy snacks and meals through Café Amazon, and ready-to-eat vegetables, fruits, and salads in supermarkets.

In addition , the company also operates a fast-food business under the brand "Ohkajhu Wrap & Roll" and a healthy fruit and vegetable juice store business under the brand "Oh! Juice".

OKJ has a paid-up capital after the IPO of 304.50 million baht, with a par value of 0.50 baht per share. The company offered a total of 159 million IPO shares, with the first offering of additional common shares to the general public between 23-25 ​​September 2567 at a price of 6.70 baht per share, totaling 1,065.30 million baht in capital raising, and a market capitalization at the IPO price of 4,080.30 million baht.

The IPO offering price is calculated at a price-to-earnings ratio (P/E ratio) of 24.13 times, considering the net profit in the past 12 months, which was 169.08 million baht, divided by the number of common shares after the offering, which was 609 million shares, resulting in a net profit per share (Fully Diluted EPS) of 0.28 baht, with Bualuang Securities Public Company Limited acting as financial advisor and underwriter for the distribution of common shares.

Mr. Chalakorn Ekachaipatanakul, founder and CEO of Pluk Pak Phro Rak Mae Public Company Limited, revealed that this fundraising and listing on the Stock Exchange of Thailand is a significant step that strengthens the company's financial position and enhances its competitiveness to support sustainable future business growth opportunities.

OKJ's major shareholders after the IPO are:

The founding group consists of: 1) the Ekachai Pattanagul family (34.3%), 2) Mr. Jirayuth Phuphoonphol (16.6%), and 3) the Suchai Boonsiri family (8.3%), totaling 59.1%.

and Modulus Venture Company Limited, a subsidiary of PTT Oil and Retail Business Public Company Limited (OR), 14.8 percent

On the first day that OKJ shares start trading on the Stock Exchange of Thailand, Modulus Venture Co., Ltd. will purchase shares from the three founders, Mr. Chalakorn Ekachaipattanakul, Mr. Jirayut Phuwapoonphon, and Mr. Worawet Suchaibunsiri, on the Big Lot Board, totaling 3 million shares or 31.8 percent, so that the OR Group can maintain its shareholding at 5.2 percent after the IPO. After the IPO and the trading of the Big Lot shares, the founders will hold 20 percent of the shares.

OKJ has a policy to pay dividends to shareholders not less than 40 percent of the net profit from the Company's separate financial statements after deducting corporate income tax and allocating reserves of all types as specified in the Company's laws and regulations. The dividend payment may be less than the above rate, taking into account other factors and appropriateness.

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