SCGP collaborates with Krungthai Bank to offer “SCGP Digital Debentures” with a 3-year, 11-month, 19-day term on the Pao Tang app, with a total value of 2,000 million baht, fixed interest rate, interest payments every 6 months. Priority subscription rights for existing SCGP digital debenture holders. Investment opportunity with a comprehensive packaging leader in the ASEAN region, starting from just 10,000 baht. “First come, first served” subscription opening in early June 2025.
Mr. Wichan Jitpakdee, Chief Executive Officer of SCG Packaging Public Company Limited (SCGP) revealed that SCGP is collaborating with Krungthai Bank to issue and offer “SCGP Digital Debentures” through the debenture trading service on the “Pao Tang” application with a total value not exceeding 2,000 million baht. This is the second time the company will issue and offer digital debentures, with special features beyond the previous offering by giving priority subscription rights to holders of SCGP256A digital debentures. The digital debentures will be offered in 3 phases: Phase 1 for SCGP256A digital debenture holders with a minimum subscription of 1,000,000 baht, Phase 2 for SCGP256A digital debenture holders with a minimum subscription of just 10,000 baht, and Phase 3 for general investors with a minimum subscription of 10,000 baht. Allocation will be on a “first come, first served” basis until the debentures are fully subscribed in each phase. All three phases are expected to open for subscription in early June.
SCGP Digital Debentures are name-registered, unsubordinated, unsecured debentures with a debenture holders’ representative. These debentures are accessible to all Thai citizens, with real-time 24-hour trading capability, offering an investment alternative providing regular returns over an investment period of just 3 years, 11 months, and 19 days with a fixed interest rate and interest payments every 6 months. The exact interest rate and subscription dates will be announced later. SCGP Digital Debentures have received a credit rating of “A(tha)” from Fitch Ratings (Thailand) Co., Ltd. on January 20, 2025, reflecting the company’s strong business position as a comprehensive packaging service provider in the ASEAN region, solid financial status, and consistent cash flow.
Mr. Wichan further stated that SCGP is advancing its core strategy for quality growth by enhancing profitability through focused growth in consumer-linked packaging in the ASEAN region, where packaging demand continues to grow steadily. The company is improving production efficiency in the supply chain by implementing artificial intelligence (AI) technology and data analytics, developing innovations and solutions, and creating positive customer experiences while driving ESG principles according to the circular economy model. This debenture issuance will enhance the company’s strategic implementation capabilities for growth and strength, while also helping to maintain appropriate financial liquidity to achieve both short-term and long-term business goals.
Mr. Rawin Boonyanusasna, Executive of Money Market and Capital Market Business at Krungthai Bank, disclosed that this collaboration with SCGP builds on the bank’s success in developing digital investment products to elevate Thailand’s capital market, enabling Thais to access investments conveniently, quickly, and safely, aligning with the United Nations’ Sustainable Development Goals (SDGs). The digital debentures on the Pao Tang app provide investors with real-time trading capability 24 hours a day, immediate debenture receipt upon purchase, immediate payment upon sale, and comprehensive information on debenture holdings and trading prices, all in one place, meeting savings and investment needs for sustainable financial security.
“The bank is confident that SCGP Digital Debentures will attract investor interest as they represent a business with potential, growth opportunities, and regular returns. SCGP is one of the leading comprehensive packaging solution providers in the region, with diverse innovative products and services coupled with sustainable business practices, which aligns with the bank’s operational concept of ‘Innovation creates value, meets customer needs, towards sustainability’.”
Those interested in subscribing to SCGP Digital Debentures can register for a debenture trading wallet on the “Pao Tang” app from today. Subscription is expected to open in early June 2025, with priority rights for SCGP256A digital debenture holders. The first group can subscribe with a minimum of 1,000,000 baht in multiples of 100,000 baht, up to 1,000 million baht.
The second group, for SCGP256A digital debenture holders, can subscribe with a minimum of 10,000 baht in multiples of 10,000 baht, up to 800 million baht plus any remaining debentures from the first phase. The third group, open to general investors, can subscribe with a minimum of 10,000 baht in multiples of 10,000 baht, up to 200 million baht plus any remaining debentures from the second phase. Maximum subscription is limited to 50 million baht per person in each phase, with allocation on a “first come, first served” basis until fully subscribed in each phase. For more information, contact Krungthai Contact Center at 02-111-1111 or visit any Krungthai Bank branch.
