Market for Alternative Investment (mai) will list I2 Enterprise pcl, an end-to-end system integrator, on August 8 under the ticker symbol “I2”. The company has a market capitalization at its initial public offering (IPO) of THB 1.13 billion (approx. USD 33.18 million).
mai President Prapan Charoenprawatt said I2 will be listed and start trading on mai in the Technology industry group.
I2 provides end-to-end system integration (SI) services which cover consulting, design, procurement, installation and distribution of products and equipment for communications, telecommunications and information technology systems. Its business activities fall into two categories : 1) information and communication technology (ICT) projects such as information technology infrastructures, digital transformation and energy-saving solutions and 2) Satellite internet services. The company has strong business partnerships with leading equipment manufacturers and network software developers including Cisco, Oracle, Nutanix, and Huawei. In the first quarter of 2023, the company generated about 80 percent of its total revenue from sales and services for ICT projects and about 20 percent of the revenue came from internet services, with governmental organizations and state enterprises as main clients.
I2 has a paid-up capital of THB 210 million, consisting of 300 million existing common shares and 120 million newly issued shares, with a par value of THB 0.50 each. The company offered up to 18 million newly issued shares to its…
