Micro Leasing expects SET listing to offer expansion opportunities
Micro Leasing (MICRO), a financing service provider for second-hand trucks, expects to meet its lending growth target of 30 per cent this year to between Bt2.4 billion and Bt2.5 billion, manging director Winit Piyamaythang said on Thursday.
The company began trading in the Stock Exchange of Thailand on Thursday.
The listing will help enhance the company’s competitiveness, broaden expansion opportunities as well as strengthen its capital base.
Fundraising will be allocated to its hire-purchase business expansion, loan repayment and investment in the IT system for the development of a mobile lending application.
MICRO provides hire purchase financing services of second-hand trucks for commercial operation as well as other loan services with second-hand trucks as collaterals.
