ATLAS Energy Public Company Limited (ATLAS) showcased its upcoming initial public offering (IPO) in a virtual event attended by key company executives and financial advisors, drawing noteworthy interest from investors.
The event featured Suwatchai Pitakwongsaporn, Managing Director of ATLAS, and Krittaporn Paungwong, Assistant Managing Director, alongside Saranya Krasaesian, Managing Director, and Amorn Piriyapatsom, Executive Vice President of Sage Capital Company Limited, the company’s financial advisor. Also in attendance was Patchaporn Sankaburanurak, Head of Investment Banking Department 1 at KGI Securities (Thailand), the lead underwriter.
ATLAS is offering 418.42 million newly issued shares, equivalent to 29.50% of its total paid-up capital, at a par value of THB 0.50 per share. The IPO is priced at THB 3 per share, with subscriptions open from October 7 to 10, 2025. The company expects to list on the Stock Exchange of Thailand (SET) within the same month.
Major shareholder PTG Energy Public Company Limited (SET: PTG) has demonstrated strong confidence in ATLAS’s prospects. Beyond shares subject to regulatory silent period requirements, PTG has voluntarily agreed to lock up its remaining holdings in ATLAS for one year following the firm’s SET debut—underscoring the long-term commitment and trust in ATLAS’s future performance.