Market for Alternative Investment (mai) will list Dexon Technology pcl, an engineering inspection service provider for structures and production equipment, on March 31 under the ticker symbol “DEXON”. The company has a market capitalization at its initial public offering (IPO) of THB 2.14 billion (approx. USD 62.74 million).
mai President Prapan Charoenprawatt said DEXON will be listed and start trading on mai in the Services industry group.
DEXON provides engineering inspection services and develops technological innovations for the non-destructive testing (NDT) of structures and production equipment in petroleum, petrochemical, electricity generation, renewable energy and infrastructure industries. Its NDT services comprise conventional and advanced NDT. DEXON has four wholly owned subsidiaries namely 1) DEXON Technology Pte., Ltd. offering engineering inspection services to client groups in Singapore and nearby countries; 2) DEXON Training Center Co., Ltd. providing training on testing; 3) DEXON Mechanical Solutions Co., Ltd. providing engineering design, assembly and structural services; and 4) DEXON Technology Europe B.V. offering engineering inspection services to clients in Europe and America. In 2022, DEXON generated 63 percent of its total revenue from local services and 37 percent from overseas services. Advanced NDT contributed to 78 percent of total revenue, conventional NDT 18 percent and other services 4 percent.
DEXON has a paid-up capital of THB 238.25 million, consisting of 353.32…
mai welcomes engineering inspection service provider DEXON on March 31 – SET News
