LTMH Co., Ltd. (Public Company) or LTMH, the owner of the Facebook page “Investment Man”, has entered into the stock market trading today after filing at the end of last year.
LTMH traded on the mai stock market with the IPO abbreviation, offering 50 million shares at a price of 5.00 baht per share, totaling 200 million ordinary shares. The closing price on the first day of trading was 5.05 baht per share, a 1% increase from the IPO price.
The core business of LTMH is divided into 2 groups: (1) Media and online platform group, which includes 6 online brands such as Investment Man, Girl Investment, MarketThink, BrandCase, MONEY LAB, and Mao-Investor, as well as the online platform Blockdit and the online marketing consultancy business LTMH Rocket. (2) Offline business group, organizing events and book distribution. The revenue in 2024 was 231.72 million baht with a net profit of 35.28 million baht.
LTMH plans to use the funds from the IPO to expand into a new WealthTech business.
Source: Stock Exchange, Image from Stock Exchange Live.
TLDR: LTMH, a major player in online media and platform business, entered the stock market with a successful IPO, planning to expand into WealthTech with the funds raised.
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