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

Pathita Milindhajinda, Chief Executive Officer (Securities Business Division), Beyond Securities Public Company Limited “BYD” has participated in the contract signing ceremony as a co-underwriter of common stocks of Panelesmatic Solutions Public Company Limited “PANEL”

With an initial public offering (IPO) of 50 million shares at par value of 0.5 baht at the offering price of 3.68 baht per share. The IPO subscription starts on 14-16 February 2024. It is expected to enter the first day of trading on the Market of Alternative Investment (mai) on 22 February 2024. The securities abbreviation is “PANEL” under the Property & Construction (PROPCON) business category.

Panelesmatic Solutions Public Company Limited has been engaged in the construction and interior decoration industry since 1990 and is a leader in automatic operating room doors, meeting room sliding walls for hotels, offices and smart entrance-exit systems.

Panelesmatic Solutions Public Company Limited can divide its business into two segments. The first segment involves hospitals, operating rooms, ICU rooms, CCU rooms and radiology rooms. These types of rooms require special doors that when opened, must be tightly closed, they are imported from brand Manusa from Spain. The second segment is soundproof walls, soundproof doors and moveable automatic soundproof walls which are suitable for hotels, offices and meeting rooms.