No products in the basket.
Thailand’s Stock Exchange (SET) welcomes cosmetic and skincare marketer KISS
BANGKOK, February 18, 2021 – The Stock Exchange of Thailand (SET) will list Rojukiss International PLC, a leading developer, contract manufacturer, and marketer of skincare, color cosmetic, food supplement products, on February 19 under the ticker symbol “KISS”.
The company has a market capitalization at its initial public offering (IPO) of THB 5.4 billion (approx. USD 179 million).
SET Senior Executive Vice President Manpong Senanarong said that KISS would list and start trading on SET in the Consumer Products industry group, Personal Products & Pharmaceuticals sector.
KISS develops, contract manufactures and markets beauty and healthcare related products in both local and overseas markets as well as providing consultancy services in business operation and marketing activities for its distributors overseas under its proprietary brands.
The company has three product groups carrying five leading brands with more than 200 SKUs:
1) Skincare products: “Rojukiss”, “PhDerma/PhD K-Derma”, “Wonder Herb”, and “Best Korea” brands;
2)Cosmetic products: “Sis2Sis”; and
3) Dietary supplement products: “Rojukiss” brand.
KISS has a registered paid-up capital of THB 300 million at a par value of THB0.50 each. The company offered 152.64 million IPO shares, comprising 60 million newly issued common shares and 92.64 million existing common shares sold by Aurora Asia Holdings Pte. to persons under the underwriters’ discretion,
institutional investors and juristic persons, the company’s patrons, directors, executives and employees at THB 9.00 per share for a total of THB 540 million (excluding offering of existing common shares). Siam Commercial Bank pcl is the financial advisor and SCB Securities Co., Ltd. is the lead underwriter.
Discover more from Thailand Business News
Subscribe to get the latest posts sent to your email.
