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Rojukiss International PCL (SET: KISS) embraces future as Asian health & beauty leader
- February 19 debut on Stock Exchange of Thailand (SET)
BANGKOK, Feb 20, 2021 - (ACN Newswire) - Rojukiss International PCL (SET: KISS), an innovator in health and beauty and creator of brands Rojukiss , PhDerma , Best Korea , Wonder Herb and Sis2Sis , will move forward with its expansion plans following today s listing on the Stock Exchange of Thailand (SET). The Company is underlining its potential in the health and beauty industry, having invested in the creation of distinctive and innovative brands with wide-ranging consumer appeal as well as technology such as Mobile Skin Analysis, with both domestic and international sales channels, while setting goals for growth with a 3 billion baht revenue target for FY2024.
Rojukiss aims high after first day trade
Cosmetics firm sets B3-billion revenue target for 2024, as shares rise 55% on debut
published : 19 Feb 2021 at 18:43
10 Executives of Rojukiss International Plc and the Stock Exchange of Thailand executives kick off the company s first trading day on Friday.
Rojukiss International Plc (KISS), a cosmetics and skincare marketer and contract manufacturer, aims to become Asia’s health and beauty innovation leader and reach 3 billion baht in revenues by 2024, chief executive Worrawan Chaikamnerd said on its first trading day on the Stock Exchange of Thailand (SET) on Friday.
KISS shares opened at 15 baht, up 66.67% from the IPO price of 9 baht, and closed at 14 baht, a gain of 55.6%, in heavy turnover worth 7.57 billion baht.
The Stock Exchange of Thailand (SET) will list Rojukiss International PLC, a leading developer, contract manufacturer, and marketer of skincare, color cosmetic, food supplement products, on February 19 under the ticker symbol KISS . The company has a market capitalization at its initial public offering (IPO) of THB 5.4 billion (approx. USD 179 million).
SET Senior Executive Vice President Manpong Senanarong said that KISS would list and start trading on SET in the Consumer Products industry group, Personal Products & Pharmaceuticals sector.
KISS develops, contract manufactures and markets beauty and healthcare related products in both local and overseas markets as well as providing consultancy services in business operation and marketing activities for its distributors overseas under its proprietary brands. The company has three product groups carrying five leading brands with more than 200 SKUs: 1) Skincare products: Rojukiss , PhDerma/PhD K-Derma , Wonder Herb , and Best Kor
Rojukiss International, the marketer of beauty brands such as Rojukiss and Sis2Sis, aims to raise more than 540 million baht through its IPO on the Stock Exchange of Thailand (SET).