Bangkok--13 Jun--SET Synnex (Thailand) PLC will commence trading in the Technology, Information and Communication Technology Sector in the Technology Group of The Stock Exchange of Thailand (SET) after having raised THB 552 billion at its IPO. The company will begin trading on June 16 and use the symbol “SYNEX”, SET Executive Vice President Vichate Tantiwanich said. The firm has paid-up registered capital of THB 680.00 million, which consists of 500 million common shares and 180 million common shares from its capital increase, all at a par value of THB 1 per unit. During May 29 - June 6, the company held an IPO offering 180 million shares: 57 million for shareholders of T.K.S. Technologies PLC (TKS),108 million for retail and institutional investors and 15 million for SYNEX patrons-all at THB 2.90 per share. Its financial consultant was Capital Nomura Securities PLC and it has a dividend payment policy of no less than 40% of its net profit after taxes and legal reserves.The IPO price reflected a price/earnings (P/E) ratio of 13.18, which is 39.32 % less than the sector P/E ratio of 22.76 for February — April 2008. SYNEX distributes computers, computer peripherals, software and other IT products and consumables to local wholesalers and retailers. The firm is part of the Synnex Group (Taiwan), the largest computer and information technology product distributor in the Asia - Pacific region. Its major shareholders are TKS, with a 36.76% stake, and King’s Eye Investment Co., Ltd., which holds 36.03% of the company’s paid-up capital after IPO. For more information about SYNEX, view the company’s prospectus at the Securities and Exchange Commission’s website www.sec.or.th or, for general corporate information, visit the firm’s website www.synnex.co.th, SET’s site www.set.or.th or Settrade.com’s homepage www.settrade.com .