MEDEZE Opens on First Trading Day at 13.30 THB, Up 47.78% from IPO Price Pushes Forward with Business Expansion, Reinforcing Industry Leadership
"MEDEZE Group" Starts Trading on Its First Day at 13.30 THB, Up 47.78% from IPO Price Advances Hair Follicle Cell Business and Robotic Cell Storage System, Expanding Profit Base and Creating Growth Opportunities for the Future, Reinforcing Industry Leadership.
Mr. Payupat Mahapol, Managing Director of Investment Banking at Yuanta Securities (Thailand) Co., Ltd., as the financial advisor and underwriter for MEDEZE Group Public Company Limited (MEDEZE), revealed that the MEDEZE stock opened on its first trading day at 13.30 THB, a 47.78% increase from the offering price of 9 THB. This strong market reception is attributed to MEDEZE's leadership in its industry, its robust financial fundamentals, its positioning in a growth cycle, and its business expansion plans which are expected to drive profitability and future growth opportunities.
Dr. Veerapol Khemarangsan, Chief Executive Officer of MEDEZE Group Public Company Limited (MEDEZE), shared that the company plans to invest in expanding its Hair Follicle Cell Bank business by developing innovative hair follicle cells to address the increasing demand for solutions to hair and scalp issues, particularly among the aging population. The company will also invest in the installation of a Robotic Cell Culture System, an advanced, internationally recognized technology, enhancing the safety of cell storage, reducing human error, and minimizing environmental risks. This upgrade will increase MEDEZE’s credibility and attractiveness to both domestic and international customers.
"Today marks an important achievement for MEDEZE, and we are extremely pleased. We thank everyone who has been involved and worked hard alongside us. We also express our gratitude to the investors who have shown interest and joined MEDEZE. The company hopes to continue receiving strong support from investors, and as management, we will strive to maintain outstanding performance, expand our business, enhance our capabilities, and create future growth, reinforcing our position as an industry leader with international service capabilities," said Dr. Veerapol.













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