The Stock Exchange of Thailand will list PRTR Group pcl, a total human resource solution provider, on March 15 under the ticker symbol “PRTR”. The company has a market capitalization at its initial public offering (IPO) of THB 4.32 billion (approx. USD 123.04 million).
SET Senior Executive Vice President Manpong Senanarong said that PRTR will be listed and start trading on the SET in the Services industry group, Professional Services sector.
PRTR provides the end-to-end human resource services including 1) HR outsourcing service for leading companies and organizations, involving in the search of over 15,000 workforces at present such as salespersons, factory workers, customer contact employees, engineers, technicians and office workers, 2) recruitment services for all-level positions that cater to clients’ demand. Three other types of its services are 3) online job search platform, NEXMOVE, 4) offline and online training service with more than 200 courses through BLACKSMITH’s mobile application and website and 5) provide human capital management software service.
PRTR has a paid-up capital of THB 300 million consisting of 450 million existing common shares and 150 million newly issued shares, with a par value of THB 0.50 each. It offered newly issued shares to the general public during March 8-10, 2023, at THB 7.20 each. The IPO price is equivalent to the price-to-earnings ratio (P/E ratio) of 16.3 times. KGI Securities (Thailand) pcl is the financial adviser and lead underwriter.