FLE sets IPO price at 1.23 Baht

MGR Online•Economy•6d ago

Reader Briefing

Frontline Engineering Public Company Limited is offering 100 million IPO shares at 1.23 Baht per share.

•Frontline Engineering Public Company Limited (FLE) is launching an IPO of 100 million shares at 1.23 Baht per share.
•The subscription period is scheduled for August 21 and August 24-25, 2026.
•FLE shares will be traded on the mai market in the industrial goods group.
•The IPO price was determined using the P/E ratio method at 25.99 times.

•Frontline Engineering Public Company Limited is offering 100 million newly issued ordinary shares to the public.
•The IPO price is set at 1.23 Baht per share, with a par value of 0.50 Baht per share.
•The subscription period for Frontline Engineering Public Company Limited shares is August 21 and August 24-25, 2026.
•Fin Plus Advisory Company Limited serves as the financial advisor, and Phillip Securities (Thailand) serves as the lead underwriter.
•The P/E ratio of 25.99 is calculated from a net profit of 14.20 million Baht between July 1, 2025, and June 30, 2026.
•After the IPO, Frontline Engineering Public Company Limited will have 300 million total ordinary shares, resulting in an earnings per share of 0.05 Baht.
•Four existing shareholders holding 35 million shares (11.67%) have agreed to a voluntary lock-up for 3 months after listing.
•Frontline Engineering Public Company Limited operates in the procurement and distribution of water pumps, valves, pipes, Bailey bridges, dredgers, and related equipment.

Full article content is available on the original source.

Frontline Engineering Public Company Limited(บมจ.ฟร้อนท์ไลน์ เอ็นจิเนียริ่ง)

A company offering IPO shares that distributes water management equipment and industrial products.

Fin Plus Advisory Company Limited(บริษัท ฟิน พลัส แอดไวเซอรี่ จำกัด)

The financial advisor for the Frontline Engineering Public Company Limited IPO.

Phillip Securities (Thailand)(บล.ฟิลลิป (ประเทศไทย))

The distributor and underwriter for the Frontline Engineering Public Company Limited IPO.

mai Market(ตลาดหลักทรัพย์ mai)

The stock exchange where Frontline Engineering Public Company Limited shares will be traded.