Bangkok: The Market for Alternative Investment (mai) is set to welcome Mukdahan International Hospital Public Company Limited (HANN), which will begin trading under the Services group on August 14, 2025. The company operates three private hospitals in the Mukdahan and Yasothon provinces.

According to Thai News Agency, Mr. Prapan Charoenprawat, Manager of the mai, announced that HANN will be listed under the Services group using the securities symbol “HANN.” The company and its subsidiaries manage hospitals that offer specialized medical services, operating Mukdahan International Hospital, Dr. Han Hospital, and Ruam Phaet Yasothon Hospital. These facilities encompass 16 medical centers and clinics with a total of 148 beds, catering to local and international patients from the Mekong River Basin.

HANN has a paid-up capital of 280 million baht post-IPO, with shares valued at a par value of 0.50 baht each. The initial public offering includes 160 million newly issued shares, priced at 0.70 baht per share, yielding a capital raise of 112 million baht. The IPO price is based on a price-to-earnings ratio of approximately 10.25, with a net profit per share calculated at 0.07 baht. Capital One Partners Co., Ltd. acted as the financial advisor, and Globlex Securities Co., Ltd. is the underwriter and distributor.

Mrs. Prabhasri Suchantabutra, CEO of HANN, noted that the company has been dedicated to providing quality, environmentally friendly medical services for over three decades. The funds raised will support the construction of new buildings for Mukdahan International Hospital and Dr. Han Hospital, enhancing their capacity to treat complex diseases.

Post-IPO, HANN’s major shareholders include Han Holdings Group Co., Ltd. with 35.71% of shares, Ms. Prabhasri Suchanthabutra with 27.35%, and Ms. Pornpat Wiriyaphan with 4.55%. The company has a dividend policy to distribute at least 40% of net profit to shareholders, following legal and regulatory reserve requirements.