BANGKOK, Nov 2, 2022 – ( ACN Newswire) – Asian Alliance International PCL (AAI) has actually ended up being the very first animal food and packaged human meals producing company to debut on the Thai bourse on 1 November. The trading inauguration of AAI shares in the farming and food market groups on the Stock market of Thailand (SET) marks a special occasion for the business to strengthen the capital to support its significant growth.
With its strong company principles, AAI is positive of passionate action from financiers and enabling the business to level up its company worldwide, tapping market chances emerging from the growing Family pet Humanisation pattern, and actively producing items for the sustainability of the world.
AAI’s Handling Director, Aekarat Punnasung stated the business’s strength as a leading producer and supplier of animal food and leading ready-to-eat human food in the nation bodes well for excellent reception by financiers who are searching for stocks in markets that are defying financial doldrums.
AAI is concentrating on research study and advancement (R&D) to react to the requirements of consumers and customers that are continuously altering.
With the competence, experience, and preparedness of workers of item research study and advancement department, AAI has actually acquired trust from brand-owning consumers to raise its status from being a ‘co-developer’ to ‘tactical partner’ along with to increase company chances and enhancing the competitiveness of the business in the long run.
He mentioned that AAI is poised to broaden its animal food company into the customer market to enhance the competitiveness in the market and keeping the business’s revenue margin in the long run. The business will establish a range of animal food brand names of its own to cover the requirements of consumers in every sub-market sector. Those animal foods can be found in the types of damp, pellet and treat.
At the very same time, AAI will put significance on marketing and advertising to develop brand name awareness and improving the brand name picture of the item to a broader audience. That works together to increasing circulation channels in the nation by concentrating on broadening the marketplace through animal stores and big contemporary trade shops. AAI’s items are offered in more than 500 shops across the country and the business is aiming to make its items a first-rate brand name.
The CEO kept in mind that AAI intends to produce not less than 6.4 billion baht in profits this year, up from 5,036 million Baht in 2015. Such development remains in line with the increasing need for animal food, driven by the popular pattern of raising animals like relative, or animal humanization, where animal owners are prepared to spend for services and products so that their family pets have a great quality of life and enjoying.
After being noted on the SET, AAI will be pursuing a service growth strategy to develop constant development as follows:
1. To almost double damp animal food production capability in Thailand by about 40,000 tonnes annually from the existing yearly optimum level of 42,000 tonnes. The growth will be performed in phases from completion of 2022 to 2025 and costing a minimum of 1.6 billion baht in financial investment with about 600-700 million baht stemming from this fundraising and the rest from loans from monetary institutes and capital from operations.
2. Building the 2nd automated storage facility within the year 2023 with an anticipated financial investment of 400-500 million baht that can manage a minimum of 15,000 – 20,000 pallets of items.
3. For paying back brief and long-lasting loans in the quantity of not more than 700-800 million baht within the 4th quarter of 2022.
4. Utilizing as working capital for company operations
Taweechai Tangthanasup, Head of Financial Investment Banking Capital Market at TISCO Securities Business, which functions as a monetary advisor and underwriter of AAI, included that due to the fact that AAI is the very first company that takes part in animal food company to ready listing has actually made it attracting institutional financiers and retail financiers throughout the previous IPO membership duration.
He stated “AAI is considered as a business with strong company principles and possible for future development. In addition, AAI takes the sustainability seriously under the CHEERS technique, being among the crucial elements for sustainable advancement and development.”
Under that principle, the business will grow sustainably through accountable operations in all company procedures, from acquiring quality basic materials from sources that do not contravene sustainable advancement standards and can be traced back through effective production procedures.
In addition, AAI connects significance to excellent business governance and social and ecological duty. AAI is devoted to deal with company partners similarly and relatively along with setting up the provider examination in order to establish sustainable company operations with each other in order to remain in line with the instructions of sustainable advancement of the world and expectations of all stakeholders.
Launched for Asian Alliance International PLC by MT Multimedia Co Ltd
Thiyaporn Sriadunphan (Dah), T: 66 (0 )87-556-6974; E: [email protected]
