Bangkok--28 May--SET Asiasoft Corporation PCL, online game operator and distributor, will commence trading in the Media & Publishing sector of the Services group of The Stock Exchange of Thailand (SET) on May 29. This follows its successful capital mobilization worth THB 900 million which will enable it to expand the online game business in Malaysia and Vietnam, acquire licenses of new online games, invest in additional servers and computer systems, and develop online games in-house. Asiasoft will use “AS” as its trading symbol, SET Executive Vice President Vichate Tantiwanich said. The company has paid-up registered capital of THB 300 million, consisting of 225 million existing common shares and 75 million capital increase shares at a par value of THB 1 each. At its initial public offering (IPO) during May 20-22, AS offered 75 million shares at THB 12 per share with 40 million shares to the general public, 18.5 million shares to institutional investors, 15 million shares to Asia Investment Partners Limited, and 1.3 million shares to the company’s patrons. Altogether, it raised THB 900 million. DBS Vickers Securities (Thailand) Co., Ltd. acted as its financial advisor. AS has a dividend payout policy of no less than 30% of its net profit after tax and all reserves required by law. AS’s IPO price at THB 12 reflects the company’s price/earnings (P/E) ratio of 14 based on its performance in 2007, with fully diluted earnings per share (EPS) of THB 0.85. AS, a leading online entertainment service provider in Southeast Asia, focuses on online game services in Thailand, Singapore and Malaysia. The company is also an online game and PC game distributor targeting on children, teenagers, students and internet cafes. The mobilization is to raise capital for further expansion and investment in Malaysia and Vietnam, acquire licenses for new online games, invest in additional servers and computer systems, and develop in-house new online games. The firm’s major shareholders are Mr. Pramoth Sudjitporn’s group, which holds 51% of the company’s paid-up capital after the IPO; Mr. Tan Tgow Lim’s group, which holds 14%; and Mr. Lertchai Kanpai, who holds 5%. For more information on AS, the company’s prospectus is available at the Securities and Exchange Commission’s website at www.sec.or.th. Its general corporate information is available on www.asiasoft.net and www.asiasoft.co.th, SET’s website at www.set.or.th or Settrade.com at www.settrade.com.