Decker Co. Places Humanica (HUMAN TB) Shares in Overnight Placement with Global Funds

Stocks and Financial Services Press Releases Wednesday October 3, 2018 09:22
Bangkok--3 Oct--Decker & Co.

Institutional equities broker Decker & Co. announced today the completion of an overnight stock placement of shares of Thailand enterprise software leader Humanica (HUMAN TB). The transaction closed prior to Bangkok market-open on Friday, September 28.

"Portfolio managers and analysts at top-tier global funds had the opportunity to meet CEO Soontorn Dentham during his five-city non-deal roadshow in the U.S. this summer," said Mark Decker, founder and CEO of Decker & Co., which has offices in the U.S. and Asia. "Because institutional investors are focused on high-quality names with strong strategic advantages and dynamic leadership, it's no surprise they were attracted to Humanica."

"These global funds recognize Humanica's success across both its human-resources and finance contracts, including both growth potential and defensive characteristics," said Mark Decker.
The selling shareholders in the overnight transaction were willing to place 6% of the company's shares to add a group of top-tier global funds to the company's shareholder base.

"Dynamic, entrepreneurial companies are leading the Thai market forward. These global funds recognize Humanica's success across both its human-resources and finance contracts, including both growth potential and defensive characteristics," said Decker.

Humanica is Thailand's largest human resources outsourcing company, offering both standardized and customized software platforms across multiple industries. Its flagship software platform is Humatrix.
ABOUT DECKER & CO

Decker & Co. is the only U.S.-based specialist brokerage covering all of Asia. Headquartered in San Francisco, CA and with offices in New York and Asia, Decker & Co. provides institutional investors with unparalleled access to the best local research and listed corporates. Its principals have been among the leading experts in Asian markets since the 1990s. Learn more at www.deckerco.com.

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The information in this release may be based on management forecasts and reflects prevailing conditions and our views as of this date, all of which are accordingly subject to change. Past performance is not an indication of future performance.


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