SET, TERA shares opened for trading on the first day above reserve at 3.90 baht, an increase of 2.15 baht, accounting for 122.8% from the IPO price of 1.75 baht. Mr. Praphan Charoenprawat, Manager of the Market for Alternative Investment (mai), and Mr. Surasit Kew Prasopsak Chief Executive Officer of Terabyte Plus Public Company Limited attended the trading opening ceremony. First day of securities on the stock exchange in the MAI securities market of Terabyte Plus i Public Company Limited under the technology group Using the trading abbreviation "TERA" today (April 24), the first day of trading opened at a price of 3.90 baht, an increase of 2.15 baht, representing 122.8% from the IPO price of 1.75 baht. TERA is a subsidiary of Next Point Public Company Limited (NEX). There are 2 100% invested companies, namely Cluster Systems Company Limited and Skyfrog Company Limited. The group operates as a designer. Install and distribute IT equipment and providing services regarding large-scale, integrated informatio n and communication technology (ICT) infrastructure systems. The IPO price is 1.75 baht, representing a fund-raising value of 157.50 million baht. The security value at the IPO price is 420 million baht, representing a price-to-net-earnings-per-share ratio (P/E ratio) of approximately 14.50 times. The money raised from this fund-raising will Used to invest in Cloud systems and invest in related businesses that have potential. To support the growth of the company and use it as working capital within the business. Source: Thai News Agency
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