Dr. Satian Pooprasert, Chief Executive Officer, Praram 9 Hospital Plc, said, "We are proud to be listed on the Stock Exchange of Thailand and are ready for future growth. The company has very strong business and performance driven by our service quality, ability to treat complicated diseases, highly experienced medical team, modern equipment, tools and technology, value for money, and strategic location in the new CBD of Bangkok. With these advantage, Praram 9 Hospital has very strong customer base with high loyalty and continuous growth. Looking ahead, we are committed to further expanding our business and services. We have introduced a new strategy to grow customer base through cooperation with other hospitals. Among the key strategies are increasing contracted services with leading corporate and insurance companies, increasing the number of foreign customers, the construction of new buildings, and renovating existing buildings and facilities to increase our capability to handle more outpatients and inpatients. To enhance all these improvements, we have introduced and integrated new technologies into our services. In addition, we have modernized our corporate image and introduced proactive marketing strategy. We hope that with all these activities, Praram 9 Hospital will be transformed into the "Professional Healthcare Community" in Thailand and increase our ability to achieve stable and sustainable growth for our company and our shareholders in the future."
Under this IPO plan, total value for this deal is 2,208 million baht. The project has received warm welcome from institutional investors in Thailand and overseas. PR9's market capitalization will be well higher than 9,000 million baht at the offered price. PR9 will therefore will be the largest IPO share listed under the Health Care category this year. Phatra Securities Plc is the financial advisor and lead underwriter for this project.
Joining the ceremony to celebrate the first stock trading day are executives from Praram 9 Hospital Plc led by Mr. Banbodj Damabong (4th Right), Chairman, Dr. Satian Pooprasert (3rd Right), Chief Executive Officer, Dr. Mongkol Tanjapatkul (2nd Left), Assistant to Managing Director, Dr. Viroon Mavichak (2nd Right), Deputy Managing Director, Dr. Prasert Trairatvorakul (3rd Left), Executive Vice President (Nursing and Medical Service), and the hospital's management, as well executives from the Stock Exchange of Thailand namely
Dr. Pakorn Peetathawatchai (4th Left), President, and Mr. Manpong Senanarong (Far Left), Senior Executive Vice President; and financial advisor and underwriters including Mr. Anuwat Ruamsuk (Far Right), Managing Director, Head of Capital Markets of Phatra Securities Public Company Limited,