Monday 10 January 2022, 5:14 PM.
“Samart” is confident in business growth. Ready to offer debentures through leading financial institutions 25-27 January 2022
Samart Corporation Plc. Confident that the business will continue to grow from the Digital Transformation trend. and the covid situation unraveling therefore announced the readiness to offer for sale “Debentures of Samart Corporation No. 1/2022” for institutional investors and large investors Between 25-27 January 2022, with 3-year debentures at an interest rate of 4.25% per annum, payable every 3 months.
Mr. Teerachai Pongpanangam, President of Samart Corporation Plc., said that the company intends to offer a 3-year debenture with a yield of 4.25% to institutional investors. and high net worth investors during 25-27 January 2022 with an offering value of not more than 1,200 million baht and additional reserve for offering of not more than 500 million baht, totaling a debenture value of not more than 1,700 million baht. Redemption of existing debentures and used as working capital of the company Interested parties can ask for more information from leading financial institutions. which has been appointed as the debenture underwriter of 7 companies, namely KTBST Securities Public Company Limited, Finansia Syrus Securities Public Company Limited, Phillip Securities (Thailand) ) Public Company Limited, Siam Wealth Securities Company Limited, Kingford Securities Public Company Limited, Merchant Partners Securities Public Company Limited, Securities Company Land and Houses Public Company Limited
This is because the Group’s core business can involve a wide range of technologies. and have the opportunity to grow together with the development of the country’s infrastructure and the acceleration of enhancing the potential of various business organizations The company therefore saw the opportunity and developed various Technology & Business Solutions to accommodate the opportunity. and continuous business expansion even in the past Some of the airport-related businesses will be affected by COVID-19, but they are confident they will recover as the situation eases.
“The Company therefore believes that this offering of debentures will attract the attention of investors who are looking for opportunities to generate profitable returns. There are 4 supporting factors which are 1. The bond tenure is 3 years, not too long and yields consistent 2. The yield is an interest rate of 4.25%, which is considered a rather high return. Rated credit in BBB+ by TRIS Rating Co., Ltd. on April 9, 2021 4. The company is financially stable. and has the potential to grow from the economic recovery and public investment in infrastructure development and serving people in the digital age Also, when the covid situation unfolds The company has a plan to bring in Samart Aviation Solutions Co., Ltd., which provides air traffic control services. covering Cambodia’s airspace Listed on the Stock Exchange of Thailand As previously announced,” Mr. Teerachai concluded.