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MAI welcomes PMC Label Materials PCL (PMC)
PMC Label Materials Co., Ltd. (PMC), a business that manufactures and distributes blank sticker products or adhesive labels for sale to both domestic and international customers, is ready to be traded on the Market for Alternative Investment (MAI) on September 11th with a market capitalization at the IPO price of 702 million baht, using the abbreviation “PMC” for trading securities.
Mr. Prapan Charoenprawat, Managing Director of the Market for Alternative Investment (mai), revealed that the mai welcomes PMC Label Materials PCL to list and start trading on mai under the Industrial Products Group, using the abbreviation “PMC” on September 11, 2024.
PMC is a subsidiary of SELIC Corp. Public Company Limited (SELIC), which operates the business of manufacturing and distributing sticker products or adhesive labels, which are upstream products consisting of 3 main groups: paper stickers, film stickers, and special stickers. The products are mainly distributed to customers in the label printing business group (Printers) and label manufacturers (Converters). The domestic sales ratio: international sales is approximately 65:35 percent, with exports to more than 15 countries worldwide.
There is currently 1 production plant located on an area of 13 rai in the Packaging and Printing Industrial Estate, Samut Sakhon Province, with a sticker production capacity of 75 million square meters per year. In the first half of 2024, the company’s revenue was divided by product types: paper stickers: film stickers: special stickers at 62:26:12 percent, respectively. If considering the industries that use the products, the proportions are as follows: Retail and personal care group: Food and beverage group: Transportation group: Others at 64:13:8:15 percent, respectively.
Source : MAI welcomes PMC Label Materials PCL (PMC) to start trading on 11 September.
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