Abstract
SET to list Supreme Distribution pcl with ticker symbol “SPREME” on May 2, 2024, with market capitalization of THB 1.92 billion. Company provides ICT solutions and services, targeting government and education sectors.
SET to List Supreme Distribution pcl on May 2, 2024
The Stock Exchange of Thailand (SET) will list Supreme Distribution pcl, a comprehensive information and communication technology solution provider, under the ticker symbol “SPREME” on May 2, 2024. The company has a market capitalization at its initial public offering (IPO) of THB 1.92 billion (USD approx. 51.91 million). SET Senior Executive Vice President Manpong Sananarong said SPREME would be listed and start trading on SET in the Technology industry group, Information & Communication Technology sector.
SPREME IPO Details and Strategies for Growth
SPREME has been providing information and communication technology services for over 30 years. The company offers designing, procuring, and installing services, and distributes equipment related to integrated information technology and network systems. With good relationships with internationally renowned manufacturers, the company is able to supply high-quality products. SPREME’s listing on SET will support the company’s growth strategies, both in terms of business and driving the country’s educational technology, increasing competitiveness, and creating long-term added value. The IPO proceeds will be used for bidding for large projects, acquiring business, and as working capital.
