SCGJWD Logistics Public Company Limited (SJWD), is ready to offer for sale a new set of debentures, worth not more than 4,200 million baht with a fixed interest rate of 4.04 percent per annum, to general investors and institutional investors on September 16 to 18, 2024. The debentures, which have been given a highly credible rating of BBB+(tha) by Fitch Rating (Thailand), will be used to implement business expansion or for business operation-related working capital and to repay loans or debt from the issuance of certificates of debt and other debts. The first half of the year clearly indicated the Company’s business potential and credible performance.

Dr. Eakapong Tungsrisanguan, Chief Financial Officer of SCGJWD Logistics Public Company Limited (SJWD), the largest integrated logistics and supply chain service provider in the ASEAN, revealed that the Company was preparing for the sale of the latest set of debentures, No. 1/2014, which are senior, unsecured and representable debentures with a three-year maturity period due in 2027, and a fixed interest rate of 4.04 percent per year with interest payment every three months throughout the life of the bonds. The total proposed price per unit is 1,000 baht with a total of not more than 4,200,000 units, worth not more than 4,200 million baht.

These debentures, which have been given a credible rating of BBB+(tha) by Fitch Rating (Thailand) Company Limited on August 6, 2024, will be offerred for sale to general investors and institutional investors (allowing individuals who are institution investors to make purchase only as general investors or high-net worth investors) on September 16 to 18, 2024, with the following institutions acting as underwriters of the corporate bonds for sale to general investors and institutional investors, namely, (1) Kasikorn Bank Public Company Limited; (2) Siam Commercial Bank Public Company Limited; (3) UOB Bank Public Company Limited; (4) Kiatnakin Phatra Securities Public Company Limited; (5) Beyond Securities Public Company Limited; and (6) Asia Plus Securities Company Limited. Moreover, Kasikorn Securities Public Company Limited, InnovestX Securities Company Limited and Kiatnakin Phatra Bank Public Company Limited are to act as sales representatives of the underwriters, and TMBThanachart Bank Public Company Limited to act as the underwriter of corporate bonds for sale to high net-worth investors and institutional investors only.

SJWD’s Chief Financial Officer said, “The proceeds from the sale of these corporate bonds are to be used to expand the business according to the business plan and to pay off loans to further strengthen the financial structure. The Company is in the process of studying its expansion plan, both the current business expansion and to consider the opportunities to expand the business by M&A for continuous growth.”

As for the overall performance of the first six months of 2024, the Company posted a total revenue of 12,130.7 million baht, an increase of 8.9 percent over the same period of the previous year, and a net profit (Applicable only to the main company) of 678.9 million baht, an increase of 88.3 percent over the same period of the previous year. The major contributing factors are the revenue from the cold storage warehouse business, vehicle storage and management business, and multi-modal freight transport business, that have shown significant growth in the second quarter of 2024. Also deserving mention are the share of profits from increased investment and the realization of extraordinary profit after deducting expenses from the acquisition of shares in Swift Haulage Company Berhad (SWIFT), a large integrated logistics service provider listed on the Malaysian Stock Exchange. The purchase price of the shares was deemed to be lower than the fair value as evaluated by independent assessors after deducting exceptional expenses in the second quarter of 2024.

Investors who are interested to invest in SJWD corporate bonds may make inquiries through financial institutions that have been appointed as underwriters of the debentures as detailed below:

1. Kasikorn Bank Public Company Limited* – Tel: 02-888-8888 Ext: 869 (Individual investors may book online via the www.kasikornbank.com/kmyinvest with the exception of foreign citizens and juristic persons who must book at the company’s head office and the branch offices)
2. Siam Commercial Bank Public Company Limited** – Tel: 02-777-6784 (Individual investors may book online via the SCB EASY application)
3. UOB Bank Public Company Limited, at all branches, or at – Tel: 02-285-1555
4. Kiatnakin Phatra Securities Public Company Limited*** – Tel: 02-165-5555 (Individual investors may also book online via DIME application)
5. Beyond Securities Public Company Limited – Tel: 02-820-0100
6. Asia Plus Securities Company Limited – Tel: 02-680-4004
7. TMBThanachart Bank Public Company Limited, at all branches, or at – Tel: 1428 Press #4 (Only applicable to high net-worth investors)

* Including Kasikorn Securities Public Company Limited as a sales representative of Kasikorn Bank Public Company Limited

** Including InnovestX Securities Company Limited as a sales representative of Siam Commercial Bank Public Company Limited

*** Including Kiatnakin Phatra Bank Public Company Limited as a sales representative of Kiatnakin Phatra Securities Public Company Limited