FLE sets IPO price at 1.23 baht with August subscription dates

Khaosod•Economy•6d ago

Reader Briefing

FLE announces IPO price of 1.23 baht and plans to list on the mai market by Q3/2026.

•FLE set its IPO price at 1.23 baht.
•Subscription periods are scheduled for August 21 and August 24-25.
•FLE expects to list on the Market for Alternative Investment (mai) within Q3/2026.
•FLE provides comprehensive water pumping and drainage system services.

Overview

•FLE will open for stock subscription on August 21 and August 24-25.
•FLE expects to be listed on the Market for Alternative Investment (mai) within Q3/2026.
•FLE provides a one-stop service for pumping and drainage systems, including consulting, design, installation, and maintenance.
•FLE has developed Smart Water Management (SWM), an intelligent pump management system using Cloud IoT for real-time monitoring.
•FLE's hydraulic floating pumps for drainage are registered in the Thai Innovation List.
•FLE views the expansion of Data Centers in Thailand as an opportunity to apply its SWM and pumping system expertise to digital infrastructure.
•FLE plans to use IPO proceeds for equipment investment in rental and water service businesses, factory expansion, loan repayment, and working capital.
•Panu stated that FLE aims to develop technology and innovation to increase competitiveness and identify new business opportunities.

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Key Quotes

Parinya

"FLE stands out as a one-stop service provider for pumping and drainage systems, from consulting, design, procurement, installation, and system testing to maintenance and after-sales service."

FLE มีความโดดเด่นในฐานะผู้ให้บริการระบบสูบน้ำและระบายน้ำแบบครบวงจร หรือ One Stop Service ตั้งแต่การให้คำปรึกษา ออกแบบ จัดหา ติดตั้ง ทดสอบระบบ ไปจนถึงการซ่อมบำรุงและบริการหลังการขาย

Seksan

"The growth of Data Centers is one of the megatrends that creates opportunities for businesses related to infrastructure systems."

การเติบโตของ Data Center ถือเป็นหนึ่งในเมกะเทรนด์ที่ช่วยสร้างโอกาสให้กับธุรกิจที่เกี่ยวเนื่องกับระบบโครงสร้างพื้นฐาน

Key Entities

Organization

FLE

A comprehensive water pumping and drainage system service provider planning to list on the mai market.

Market for Alternative Investment (mai)(ตลาดหลักทรัพย์เอ็ม เอ ไอ)

The stock market where FLE expects to be listed within Q3/2026.

Person

Parinya(ปริญญา)

An individual associated with FLE who discussed the company's one-stop service capabilities.

Seksan(เสกสรรค์)ℹ️

An individual associated with FLE who discussed Data Center megatrends.

Panu(ภาณุ)

An individual associated with FLE who discussed the company's commitment to technology and innovation.