Prapan Charoenprawatt, mai president, said that OTO is a subsidiary of Samart Corporation pcl (SAMART). It offers fully integrated contact center services, covering customer relationship management system and services, customer service representative, and contact center facility outsourcing, as well as turnkey total solutions contact center.
OTO has a paid-up registered capital of THB 280 million, with a par value of THB 1.00 each, consisting of 210 million existing common shares and 70 million newly issued shares. It sold a total of 80 million shares at THB 5.40 per share, of which 20 million shares went to SAMART's shareholders (pre-emptive rights) from April 28 to May 2, while 60 million shares to the general public during May 6-8 totaling THB 378 million. Bualuang Securities pcl is the financial advisor and lead underwriter.
Sukanya Vanichjakvong, OTO's managing director, said that the listing on mai would help enhance the company’s financial strengths for business expansion. The fund raised would be used to expand business locally and internationally and as working, aiming to be the leading fully integrated contact center in ASEAN.
OTO's three major shareholders after the IPO are SAMART Group (71.43 percent), Vilailuck group (3.16 percent) and Bualuang Long-Term Mutual Funds (0.56 percent). The IPO price had a price-earnings ratio (P/E ratio) of 16.86 times, calculated by using 2013 earnings divided by the number of fully-diluted shares, equivalent to earnings per share of THB 0.32. Its dividend policy is to pay no less than 50 percent of net profits after corporate taxes and reserves, depending on investment plan, business expansion and other future needs.
For more information on OTO, please see the company's prospectus at the Securities and Exchange Commission's website at www.sec.or.th and general information at the company's website at www.onetoonecontacts.co.th and www.mai.or.th.