Abstract
S.C.L. Motor Part pcl, an automotive parts distributor, will be listed on the Market for Alternative Investment (mai) on November 1. The company has a market capitalization of THB 385 million and distributes automotive parts for various automobile manufacturers. After the IPO, SCL will have a paid-up capital of THB 125 million. The proceeds from the fundraising will be used to repay loans and as working capital. The major shareholder of the company is the Tangkoskul family.
Market for Alternative Investment to List S.C.L. Motor Part pcl
The Market for Alternative Investment (mai) is set to list automotive parts distributor S.C.L. Motor Part pcl on November 1, under the ticker symbol “SCL”. The company’s initial public offering (IPO) has a market capitalization of THB 385 million (approx. USD 10.66 million). mai President Prapan Charoenprawatt announced that SCL will be listed and start trading in the Industrials industry group.
S.C.L. Motor Part pcl: A Leading Automotive Parts Distributor
SCL is a distributor of automotive parts, supplying well-known brands such as Isuzu, Mitsubishi, Toyota, Honda, Fuso, Ford, Nissan, and Chevrolet. They also distribute replacement parts from recognized producers like Aisin, Kayaba, Exedy, Denso, and Tokico. Offering more than 167,000 items, SCL serves over 1,600 customers, including small and medium-sized auto parts assembly operators, auto service centers, and insurance companies. The company not only operates through traditional channels but also distributes auto parts via online platforms. In the first half of 2023, 88% of SCL’s total revenue came from the sales of auto parts from automobile manufacturers, while the remaining 12% derived from replacement automotive parts sales.
