Advice IT Infinite Public Company Limited (ADVICE), the most popular retail IT stock, has a potential IPO of 170 million shares, representing an overwhelming response.

Mr. Nath Natanithikarat, CEO of Advice IT Infinite Public Company Limited or ADVICE, revealed that the company's initial public offering (IPO) has received great interest from investors. Open the sale to individual investors on the first day. And there seems to be a huge number of subscriptions coming. This boosts confidence in ADVICE, the BIG4 stock, the country's largest IT retailer. The funds received from the fundraising will be used to: 1. Invest in expanding the company's business. This includes expanding the company's branches. Making improvements to existing company branches 2. Repaying loans from financial institutions 3. Using it as working capital to purchase products and 4. Investing in improving IT systems. Which we believe will be an important step in supporting ADVICE to leap forward towards sustainable growth. Ready to expand into new opportunities

Ms Ratchada Kliawpatinont General Manager Investment Banking Department 2, KGI Securities (Thailand) Public Limited, as financial advisor, said ADVICE is a one-stop-shop for IT products and services. It is one of the four major distributors of IT products. It has the highest sales in the country. Move forward for growth opportunities from fully transitioning to innovation in the digital age.

While Ms. Yudrodi Santatikul, Deputy General Manager Head of Capital Market Department, Asia Plus Securities Co., Ltd., acted as the guarantor and underwriter for the sale of additional ordinary shares. Add to it the attractiveness of ADVICE stock, it is a leading company. With over 25 years of experience and expertise, we have in-depth knowledge and expertise in business operations. As well as setting the IPO price at 3.24 baht per share, the price is right for the company's fundamentals. Ensuring that ADVICE will capture the interest of retail investors who sign up strongly on day one.

source: IR Plus

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