Zen shares ready to trade on Feb 20

 Its management highlighted its strong position as a provider of integrated food services that operates restaurant, franchise and connected businesses. It said its aggressive plan to open more than 340 restaurants, in addition to the existing 255, in 2019 and 2020 would create long-term growth.
Boonyong Tansakul, chief executive officer of Zen Corporation Group, said the company is prepared for the first trading day for its stock and it is confident that the stock will draw healthy interest from investors. 
The company owns 12 brands: Zen, Musha by Zen, Sushi Cyu Carnival Yakiniku, AKA, Tetsu and On the Table Tokyo Café – are for 88 Japanese restaurants. The remaining six are for 167 Thai restaurants – Tummour, Lao Yuan, Jaew Hon, Pho, de Tummour and Khiang. “Khiang", the latest brand, is for Thai-style street food. The first Khiang was launched at the PTT petrol station, Chetsadabodin branch, Nonthaburi.
Thanks to growth in the restaurant and franchise businesses following increases in the number of restaurants, the company posted nine-month results, from January to September 2018, with a total revenue of Bt2.22 billion (a 21.9 per cent year on year rise). 
“We are ready to expand our branch network in these two years. We have invested in internal management systems and increased the workforce size. We have also strengthened our financial position through fundraising in the stock market. We are now aiming for leadership in Thailand’s food service industry and for the position as a leading food business operator that is popular and trusted by customers, partners and other stakeholders”, he said.