SkillLane Technology Public Company Limited: The First EdTech Company to Debut on the Stock Exchange, Advancing Thai Education with Innovation

SkillLane Technology Public Company Limited (“the Company” or "SKILL"), Thailand’s leading education technology (EdTech) company, is set to be the first in the industry to be listed on the Market for Alternative Investment (mai) after the Securities and Exchange Commission (SEC) has started 1st counting on the registration statement and draft prospectus. The Company is preparing to offer 15 million IPO shares, aiming to drive educational innovation and elevate Thailand’s education sector sustainably through a fully integrated online learning ecosystem. This includes course development (Content), an online learning system (Platform), consulting services (Service), as well as educational consulting and innovation development services. SKILL aims to expand and develop its business to elevate Thailand’s education system sustainably, with a strong focus on promoting lifelong learning.

Mr. Titipong Pisitwuttinan, Director and Chief Executive Officer of SKILL, stated that the Company provides a comprehensive online learning platform encompassing content creation(Content), platform infrastructure (Platform), and consulting services (Service). SKILL enables learners to acquire knowledge and develop their skills flexibly, regardless of time and location, to enhance their potential and achieve their goals at different stages of life.

With over a decade of experience in EdTech, SKILL serves individualsand public and private sector organizations, offering more than 3,900 high quality online courses led by over 1,300 expert instructors. The Company currently has over 1.3 million individual and corporate registered accounts.

SKILL's business is divided into two primary segments. The first segment is a comprehensive online learning platform. Under SkillLane for Public (B2C), individuals can access a wide range of courses via the website (www.SkillLane.com) or the SkillLane application. Learners can choose courses of interest, enroll, and complete payments on the platform. The service is divided into two categories: On-Demand Learning, which focuses on skill development and practical knowledge applicable to work and daily life , and Continuing Professional Development (CPD), which provides certified online training for professionals in industries such as insurance and investment to obtain or renew their licenses.

SkillLane for Business (B2B) provides online training solutions tailored for corporate clients to upskill employees. The service includes three models: Unlimited Learning, which offers an unlimited selection of over 1,500 corporate training courses; Continuing Professional Development for Organizations (Continuing Professional Development : CPD), which facilitates professional certification renewals in insurance, investment advisory, and financial planning; and Corporate Learning Management System (Learning Management System : LMS), which is currently in development to offer customizable training management solutions for organizations. This includes services ranging from system implementation, database integration, and data migration of the Learning Management System to specifically meet the diverse needs of corporate clients.

SkillLane for Online Degrees provides online learning solutions for degree programs, addressing challenges of time and travel constraints. In collaboration with Thammasat University, SKILL offers the TUXSA self-paced online master’s degree program, which currently includes four degrees. Additionally, in partnership with Bangkok University, SKILL plans to introduce three master’s programs by 2027, specializing in Digital Marketing, Marketing Technology, and Data Analytics.

The second segment is SkillLane Innovation, which focuses on educational consulting and innovation development. SKILL is actively developing a user-centered learning management system, encompassing platform development, applications, software, and other related digital solutions to enhance learning experiences and elevate Thailand’s education landscape.

“SKILL is committed to using technology and innovation to elevating Thai education. We will continue expanding our products and services to meet the needs of learners and organizations, setting new standards and leading Thai education toward a sustainable future,” said Mr. Titipong Pisitwuttinan.

Mr. Wisarut Aungsupakorn, Head of Investment Banking at Krungsri Securities Public Company Limited, the financial advisor for SKILL, provided an update on the IPO plan. The SEC has officially started 1st counting on the Company’s registration statement and draft prospectus for offering the IPO of 15 million shares, with a par value of THB 0.50 per share, representing 15% of SKILL’s total issued and paid-up shares post-offering.

Proceeds from the IPO will be used for business expansion and development, enhancing SKILL’s growth trajectory and delivering long-term value to investors.