PROEN Corp Public Company Limited

PROEN Corp Public Company Limited, together with its subsidiaries, distributes IT equipment in Thailand. It operates in three segments: IT Equipment Distribution; Internet Data Center and Related Services; and Construction. The company offers internet data centers, DevOps, database as a service, S3 storage, backup as a service, disaster recovery as a service, and data warehouse development. It also provides security services such as security service edge, WAF and DDoS protection, managed detect and response, zero trust network access, secure access service edge, vulnerability management, penetration testing, and single sign-on as a service. Additionally, it provides telecommunication services including site preparation, electrical and transmission, pipe jacking, telecom equipment installation, and wireless backhaul services. The company offers digital solutions such as smart city and IoT solutions. It also provides computer and technology training, teaching, and consulting services; purchases, sells, and services machinery and other equipment for construction works; and provides construction services. The company was formerly known as Proimage Engineering and Communication Company Limited. PROEN Corp Public Company Limited was founded in 1997 and is based in Bangkok, Thailand.

Cloud & Digital Infrastructure▲

PROEN approves rights offering at 4:1 ratio, priced at 0.84 baht, raising 82 million baht for data center push

PROEN Corp Public Company Limited, or PROEN, informed the Stock Exchange of Thailand that its first extraordinary general meeting of shareholders for 2026, held on September 16, 2026, approved a general mandate capital increase and the allocation of newly issued ordinary shares to existing shareholders in proportion to their holdings, or a rights offering. The company will issue and offer no more than 98,142,017 new ordinary shares with a par value of 0.50 baht each, at an allocation ratio of 4 existing ordinary shares to 1 new ordinary share, at an offering price of 0.84 baht per share, representing total fundraising of no more than 82,439,294.28 baht. The company has set September 25, 2026 as the record date for shareholders entitled to subscribe to the new shares, and the subscription and payment period will run from October 19 to 22 and on October 26, 2026, a total of 5 business days, from 09:00 to 15:30. The funds raised from the capital increase, amounting to no more than 82.44 million baht, will be used as capital for investment in and development of the data center business, to provide data storage and management services, as well as to develop solutions and software supporting services to both public and private sector customers in the future. The company expects to use the funds within 2027.

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Cloud & Digital Infrastructure

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