G-ABLE's IPO filing of 175 million shares for SET listing looks to grow tech enabler and digital transformation businesses at full scale.
16 Dec 2022

G-ABLE's IPO filing of 175 million shares for SET listing looks to grow tech enabler and digital transformation businesses at full scale.

G-Able Public Company Limited, a leading “Tech Enabler” that helps businesses embrace every aspect of digitalization, filed its registration statement and prospectus with the Securities and Exchange Commission (SEC) for its initial public offering (IPO) of 175 million shares, representing 25% of its issued and paid-up ordinary shares. After its IPO, the Company is poised to be listed with the Stock Exchange of Thailand (SET) with Finansia Syrus Securities Public Company Limited being its financial advisor.

Dr. Chaiyuth Chunnahacha, Chief Executive Officer, G-Able Public Company Limited said that, as a leading "Tech Enabler", G-Able Group helps businesses embrace every aspect of digitalization by providing comprehensive IT and digital solutions. With over 33 years of experience, the Company has expertise in integrating and offering solutions that meet the needs of business organizations to enhance operational efficiency and create opportunities for business expansion. G-Able Group is committed to supporting customers in transforming organizations with digital technology to embrace changes and achieve set goals.

G-Able Group has 3 main services:

  1. Enterprise Solution and Services provides consultation, design, installation and distribution as well as maintenance and other related services. Under this segment, there are 5 types of solutions: 1. Cybersecurity, 2. Cloud and Data Center, 3. Data Management and Analysis, 4. Digital Business, and 5. Information System Management.
  2. Value-Added Distribution is providing information technology systems through First Logic Company Limited, a leading distributor of best-in-class products from Oracle and Veritas, developers of enterprise-level technologies that have been recognized by users around the world for a long time.
  3. Software Platform is an implementation of internally developed technologies to create value added and develop into a new business as a Software Platform. Currently, there are 3 platforms owned by G-Able Group and available to customers: 1. Marketing Technology, 2. Big Data Management, and 3. Rental Space Management.

The Company has been one of the industry's leaders, specializing in providing comprehensive digital and technology solutions to support customers' increased capabilities and business opportunities in the future in the era where technology plays a key role in the rapidly changing business environment. In addition, with a team of quality professionals, the Company has garnered trust from large customers at national level across diverse industries. The Company has filed a request for the offering of securities with the SEC to raise funds to support its business expansion with the following objectives:

  1. To support Group growth and investment in potential related businesses to increase opportunities to generate revenue and diversify market volatility risks
  2. To repay loans from financial institutions for the Group
  3. To provide working capital for the Group's operations

"As a tech enabler providing technological and digital transformation services for more than 33 years, G-Able Group's strengths come from its experience with customers in a wide range of industries, including small, medium, and large enterprises. We have a true understanding of the business sector and expertise in integrating IT and digital systems to meet the needs of enterprises' technology, as well as the ability to deliver solutions that are easy to use and solve real problems thanks to our team of experts in both business and technology. We have a strong partner network to enhance competitiveness for customers and create sustainable growth for multi-sector organizations in the digital disruption era,” said Dr. Chaiyuth.