Mr. Praphan Charoenbiot, Manager of the Market for Alternative Investment (MAI), announced that MAI is pleased to welcome LTMH Public Company Limited. The company is officially listed and began trading under the service sector with the ticker symbol “LTMH” on April 2, 2025.
The LTMH Group manages two distinct divisions: the Media and Media Platform Business Group, and the Offline Business Group, which encompasses:
1) Online Media Business, which produces online media and provides public relations services through the Company’s website and online media platform channels such as Facebook, Youtube, Instagram, Blockdit, X, Tiktok and Line under the brand of the Company.
2) Online Media Platform provides an online community platform called “Blockdit” where members can create their own works or post content, and
3) An online marketing consulting service that provides a one-stop online marketing consulting service. (Digital Marketing Solution) under the brand The offline business segment consists of the event business and the book sales business. For the period of 2024, the Company accounted for 75 percent of the revenue from the online media business: Marketing consulting services: Event business: Others, accounting for 75 percent: 15 : 8 : 2 respectively. The company has a total of 8.39 million followers on each page through online media platforms (as of February 28, 2025).
LTMH has a paid-up capital of 100 million baht after the IPO. The par value of Baht 0.50 per share consists of 150 million existing ordinary shares and 50 million newly issued ordinary shares. Offering to individuals at the discretion of the underwriter is not less than 37.5 million shares.
The company plans to offer no more than 7 million shares to its benefactors and up to 5.5 million shares to its executives and employees. The public offering will be open to all types of investors from March 25 to March 27, 2025, at a price of 5 baht per share, aiming to raise a total of 250 million baht. At the IPO price, the market capitalization is estimated at 1,000 million baht.
The IPO price is determined based on a price-to-earnings (P/E) ratio of approximately 28.24 times. This calculation is derived from the company’s 2024 net profit of 35.42 million baht, divided by the total number of ordinary shares post-IPO (fully diluted), resulting in a net profit per share of 0.18 baht. Financia Cyrus Securities Public Company Limited will act as the financial advisor and underwriter for the offering of ordinary shares.
Source : MAI Stock Exchange of Thailand welcomes LTMH (LTMH). Started trading on April 2.
