Bangkok, June 21 – The price of BLC shares opened for trading on the first day in the SET at 10.50 baht, the same as the IPO price before the morning market close at 7.60 baht, a decrease of 2.90 baht, down 27.61%.
Mr. Pakorn Peetathawatchai Director and Manager The Stock Exchange of Thailand (SET), Mr. Manpong Senanarong, Deputy Manager, Head of Issuer Division, SET, along with Mr. Suwit Ngampupan, Chief Executive Officer of Bangkok Lab and Cosmetics Public Company Limited. Participated in the opening ceremony of the first trading day on the Stock Exchange of Thailand (SET) of Bangkok Lab and Cosmetic Public Company Limited in the consumer products industry group. Personal care and medical supplies By using the abbreviation of securities trading as "BLC", trading on the first day at a price of 10.50 baht, equal to the IPO price, closing half-day trading in the morning at a price of 7.60 baht, a decrease of 2.90 baht or a decrease of 27.61%.
BLC operates in the business of manufacturing and distributing pharmaceutical products. under all 485 trademarks, divided into types of modern drugs generic type It is a drug that has the same active ingredient as the original drug. or drugs that have expired patents under trademarks such as DiabeDerm, Glucosa, GASTRO BISMOL, herbal medicine products such as Capsika, KACHANA, Plaivana, veterinary medicinal products, cosmetics, dietary supplements And other products by BLC, starting from the design and development of drug formulas according to pharmaceutical principles. And there is a BLC research center to apply modern technology and innovation. Including research and development to increase product value.
The price is 10.50 baht per share, representing a fundraising value of 1,260 million baht, with a market capitalization at the IPO price of 6,300 million baht. To increase production capacity by about 200% and invest in research and development of new generic drugs. The goal is to increase revenue to 2,000 million baht within the year. 2026.-Thai News Agency
Source: Thai News Agency