JPARK sets the IPO price at 3.80 baht per share, opens for subscription from September 25 to 27, and trades on October 3.

Mr. Santiphon Jinwatanabesan, CEO of Jenkongklai Public Company Limited or JPARK, said that the company is a service provider related to parking management, and is divided into 3 main businesses: 1. Parking Service Business (Parking Service Business: PS) 2. Parking Management Service Business Parking: PMS) and 3. Business consulting and installation of parking management systems (Car Parking Systems Consultant and Installation: CIPS)

The company currently has more than 28,000 parking spaces under its supervision, including connection points and transfer points with the electric train system. Shopping malls, hospitals, educational institutions and airports are in the Central Business District (CBD), with most service areas located in Bangkok and its surrounding areas.

After raising funds, JPARK plans to invest in the expansion of the Phranangklao Hospital parking building project, 6 floors, capable of accommodating 532 cars and 72 motorcycles, with a usable area of ​​18,242 square meters, and a commercial area of ​​2,049 square meters, which is expected to start Business operations through 2024, including use as working capital for business operations.

“After the appointment of the underwriter and the price has already been determined. We are ready to trade on the MAI Stock Exchange and expect to receive continuous feedback from investors. JPARK has the goal of investing in the expansion of additional parking buildings. To increase the opportunities for effective growth in the future to create stable growth for JPARK”.

While JPARK’s performance in 2020-2022, the company’s total income was 286.17 million baht, 243.61 million baht, and 455.09 million baht, respectively, and achieved net profit of 6.51 million baht, net loss of 10.99 million baht, and net profit. Profitability of 55.05 million baht according to No. During 2020 until mid-2022, the company’s profitability was lower than normal periods. As the company was affected by the coronavirus (COVID-19) lockdown measures, this resulted in a significant reduction in income from its valet parking business.

However, by the end of 2022, when the Covid-19 situation started to ease. In addition, the company receives income from the business of parking space management. And business consulting and installation of more parking space management systems As a result, in general in 2022, the company will have income. Improving the ability to generate profits

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