Beyond Securities Public Company Limited (BYD) signed IPO Joint Distribution Agreement “ANI”

Omsin Siri, Chairman of the Executive Committee and Chief Executive Officer (Support Division), Beyond Securities Public Company Limited “BYD” has participated in the contract signing ceremony as a co-underwriter of common stocks of Asia Network International Public Company Limited “ANI”

With an initial public offering (IPO) of no more than 554.7 million shares at par value of 0.50 baht at the offering price of 5.25 baht per share. The IPO subscription starts on 4 - 7 December 2023. It is expected to be listed on The Stock Exchange of Thailand (SET) under the Transport and Logistics (TRANS) business category under the securities abbreviation “ANI” soon.

Asia Network International Public Company Limited is a joint venture between Triple I Asia Cargo Company Limited and partners from Singapore. Operating business as a Cargo General Sales Agent (GSA) for more than 20 leading airlines in 8 countries and special administrative regions throughout East Asia, including Thailand, Singapore, Vietnam, Hong Kong, China, Malaysia, Cambodia and Myanmar. It covers flight routes in more than 400 countries in all regions around the world.

Asia Network International Public Company Limited has entered into an exclusive GSA service agreement with airlines in each country, to carry out marketing and sales of airline cargo on outbound routes from the country of origin of business to the destination that each airline operates.