The Stock Exchange of Thailand (SET) will list Moshi Moshi Retail Corporation pcl, a lifestyle retail business operator under Moshi Moshi stores, on December 22, under the ticker symbol “MOSHI”.
The company has a market capitalization at its initial public offering (IPO) of THB 6.30 billion (approx. USD 179.95 million). MOSHI will be listed and start trading on SET in the Services industry group, Commerce sector.
MOSHI is a lifestyle retailer selling a variety of products designed in trendy style with good quality for everyday use at an affordable price, under the brand “Moshi Moshi”.
Products designed under the brand “Moshi Moshi”
Most products in the stores are under the company’s brand. The products have exclusive designs specifically available in the Moshi Moshi stores. There are currently up to 12 product groups, consisting of home appliances, stationeries, bags, dolls, fashion items, beauty accessories, apparels, cosmetics, IT equipment, toys, foods and beverages, among other product categories through a variety of distribution channels, including MOSHI’s 101 branches, popular online platforms, and pop-up stores.
The company’s dividend policy is to pay no less than 40 percent of net profit from the company’s separate financial statements after corporate tax, and reserves required by laws and the company’s regulations. However, such dividend payment is subject to change based on the company’s operating results, financial liquidity, the need for working capital to manage the business and plans for future expansion, as well as the economic situation.
Investors and interested parties please find more details from the company’s prospectus at the Securities and Exchange Commission’s website at www.sec.or.th; and for general information, please visit www.moshimoshi.co.th as well as
www.set.or.th.
