'Index Living Mall Public Company Limited' (ILM), a leading home decor retail business in Thailand, has announced its readiness to register on the Stock Exchange of Thailand after receiving approval from the Securities and Exchange Commission. The funds raised will be used to expand the Index Living Mall branches, custom furniture products under Younique, and improve the production efficiency of its factories to accommodate the growth of urban society, which is driving an increased demand for home decor in line with the unique lifestyles of modern consumers.

 

 

          Ms. Kritchanok Patmasathieng, Managing Director of Index Living Mall Public Company Limited (ILM), a comprehensive home decor retail business, stated that the company aims to create maximum customer satisfaction and support everyone in living harmoniously together, addressing all home decoration and lifestyle needs for a perfect balance of design, functionality, quality, and affordability for all under the vision of "being the number one in the hearts of customers regarding the best furniture and home decor business in Asia."

          The fundraising on the Stock Exchange of Thailand aims to enhance the potential and competitive capabilities of the home decor retail business to better meet the lifestyles of the new generation. ILM will focus on offering products and services with innovative design and production processes that pay attention to every detail, catering to the unique needs of customers and seamlessly fitting into their homes through the company's retail distribution channels, project works, dealers, online sales, and exports.

 

 

          Index Living Mall Public Company Limited is one of the leading comprehensive home decor retail businesses with distinct characteristics. The retail stores in Thailand consist of four main brands, covering all customer segments under the names Index Living Mall, Trend Design, Winner, and Younique, offering a wide range of products from furniture, home decor items, household goods, and various leading electrical appliances, thus catering to every lifestyle and ensuring maximum customer satisfaction.

 

 

          Mr. Aekaluck Patmasathieng, Senior Vice President of Business Development at Index Living Mall Public Company Limited  stated that currently, Index Living Mall and Index Furniture Center have a total of 36 branches covering over 21 provinces across Thailand. The company also provides rental business services and leasing space under the brands The Walk, Little Walk, and Index Mall, with a total of 9 branches. The company has a strong brand presence and brand awareness, with innovations and designs that meet the needs of customers at all levels. In 2017, the company launched the "Younique Customized Furniture 4.0" service, a new custom furniture service that allows customers to adjust the size and design according to their preferences, with the freedom to modify the dimensions of the custom furniture.

 

          To support increased furniture production from future business expansion and growth, the company plans to invest in expanding production capacity by introducing modern and efficient machinery, focusing on automated production to reduce costs, enhance standards and precision in product manufacturing, and minimize errors from employees in the production process to increase competitiveness, as well as ensure the production of Younique brand products.

          Mr. Pichet Sithi-amnuay, Managing Director of Bualuang Securities Public Company Limited  as a financial advisor, stated that after Index Living Mall Public Company Limited submitted a request for permission to offer securities and a registration statement for the securities offering (filing) to the Securities and Exchange Commission (SEC) to propose the initial public offering (IPO) of common shares to the public, the SEC has recently approved the IPO. ILM will use the funds raised from this offering to expand Index Living Mall branches, expand custom furniture products under Younique, expand small furniture stores, implement solar rooftop projects, improve factory production efficiency, and other projects, as well as repay loans to financial institutions and use it as working capital for operations.

 

Thank you for the information from www.indexlivingmall.com