"Portfolio managers and analysts at top-tier global funds had the opportunity to meet CEO Soontorn Dentham during his five-city non-deal roadshow in the U.S. this summer," said Mark Decker, founder and CEO of Decker & Co., which has offices in the U.S. and Asia. "Because institutional investors are focused on high-quality names with strong strategic advantages and dynamic leadership, it's no surprise they were attracted to Humanica."
"These global funds recognize Humanica's success across both its human-resources and finance contracts, including both growth potential and defensive characteristics," said Mark Decker.
The selling shareholders in the overnight transaction were willing to place 6% of the company's shares to add a group of top-tier global funds to the company's shareholder base.
"Dynamic, entrepreneurial companies are leading the Thai market forward. These global funds recognize Humanica's success across both its human-resources and finance contracts, including both growth potential and defensive characteristics," said Decker.
Humanica is Thailand's largest human resources outsourcing company, offering both standardized and customized software platforms across multiple industries. Its flagship software platform is Humatrix.
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SAFE HARBOR
The information in this release may be based on management forecasts and reflects prevailing conditions and our views as of this date, all of which are accordingly subject to change. Past performance is not an indication of future performance.