Meesuk Solutions PCLPrivate▲ Positive
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Meesuk Solutions (HAPPY26) is raising 31.07 million baht via an IPO of 11.1 million new shares at 2.80 baht to fund real estate expansion, capacity, debt repayment, and working capital.
Meesuk Solutions Public Company Limited is preparing to list and begin trading on the Live Exchange, or LiVEx, under the ticker HAPPY26 on 23 September 2026. The company is raising funds through an offering of 11.1 million newly issued ordinary shares at 2.80 baht per share, representing an IPO value of 31.07 million baht and a market capitalisation at the IPO price of 339.07 million baht. Following the offering, the company will have paid-up capital of 60.55 million baht, with a par value of 0.50 baht per share, comprising 110 million existing ordinary shares and 11.1 million newly issued ordinary shares. CGS International Securities (Thailand) Company Limited is acting as the underwriter and distributor. The proceeds from the fundraising will be used to expand investment in the real estate development business for sale and rent, increase production capacity, repay loans, and serve as working capital. Meanwhile, the company has a dividend policy of paying no less than 40% of net profit according to its separate financial statements, after deducting corporate income tax and allocations to various reserves as required by law and the company's regulations.
Meesuk Solutions (HAPPY26) is raising 31.07 million baht via an IPO of 11.1 million new shares at 2.80 baht to fund real estate expansion, capacity, debt repayment, and working capital.