Media Release: AltoStratos Launches Prospectus to Raise $25 Million & List on ASX

Posted on January 17th, by Bourse Communications in News and Announcements. Comments Off on Media Release: AltoStratos Launches Prospectus to Raise $25 Million & List on ASX


  • Omni-channel solutions partner of global IT and consumer electronic brands and manufacturers within the Asia-Pacific region
  • Pan-Asian focus with regional hubs located in Thailand, Malaysia, Singapore and Australia
  • Prospectus to raise up to $25 million with minimum subscription of $16 million
  • Funds raise will be used to roll-out eCommerce platforms and fulfillment centres across Australia

AltoStratos Holdings Limited (“AltoStratos” or the “Group”), is pleased to announce the successful lodgement of its Prospectus with the Australian Securities and Investments Commission (ASIC) in order to raise up to $25 million and list on the Australian Securities Exchange (ASX).

The Prospectus offers 62.5 million shares at an issue price of $0.40 per share to raise up to $25 million with a minimum share subscription of $16 million representing the issuing of 40 million shares at $0.40 per share. Following a successful capital raising and upon listing, the Group will have a market capitalisation over $84 million.

The AltoStratos Group assists global IT brands in overcoming routes-to-market (RTM) challenges in Asia-Pacific by serving as a key link in the supply chain. AltoStratos provides omni-channel solutions using customised RTM technologies, sales channels, local knowledge and supply chain to simplify and expand market access for global IT brands.

Funds raised from the Initial Public Offering (IPO) will be used to help AltoStratos grow its market share across Asia-Pacific through the establishment of new fulfilment hubs as well as to further enhance its business-to-business (B2B) and business-to-consumer (B2C) eCommerce platforms.

Mr Lee Yuen Wai, Chief Executive Officer & Managing Director of AltoStratos, said:

“AltoStratos is excited to be working towards the completion of the IPO process and believe the launch process of the Group on the ASX brings about many opportunities for AltoStratos to continue its development and to advance its growth strategy by expanding into new markets such as China, South Korea, Indonesia, and expanding the Pan–Asian offering into the Australian market.

“We are especially looking forward to roll-out our B2B and B2C eCommerce platforms and fulfillment centres across Australia as Australia is an important market for global IT and consumer electronics brands and manufacturers.”

As an omni-channel solutions provider, Altostratos is a key link in the routes-to-market supply chain of leading IT brands, playing multiple roles including as distributor; value-added-resellers; system integrator; repair and customer service centre; fulfilment centre; warehousing and logistics partner across Asia; ensuring global IT brands are able to bring the right products to the right point of sales at the right time.

With offices in Thailand, Malaysia, Singapore and Australia, AltoStratos is strategically located to provide global IT brands with both traditional and digital channels market access across Asia-Pacific through its network of more than 4000 brick-and-mortar reseller points and its proprietary B2B and B2C eCommerce platforms.

How Does the AltoStratos Group Work?

Case Study 1
AltoStratos leverages on innovation and technology to meet consumer demands for a seamless “order from anywhere, fulfil from anywhere” buying experience.

AltoStratos “Collect ‘N’ Ship” service allows consumers the convenience to order online but with the option to collect from its more than 4000 brick-and-mortar reseller points across Asia including IT chain stores, supermarkets, independent and specialty IT stores etc.

At the same time the “Collect ‘N’ Ship” service allows consumers to ship product returns and repairs to manufacturers via the reseller points or through a courier pick-up service.

By converging the traditional indirect sales channels comprising brick-and-mortar retail shops with domestic and cross-border e-commerce, AltoStratos provides its global brands and IT channel partners with the necessary infrastructure to enlarge their market share and increase sales in both the online and offline IT channels in Asia.

Case Study 2
In the case of highly specialised products and value-added solutions, where end-users are unable to simply “click and purchase” as complex technical attributes need to be carefully explained, AltoStratos works with brand owners to develop and deploy tailored product and service delivery solutions that add clearly defined value and endure for a defined period after the initial purchase has been concluded.

One such example is the “solutions van” that AltoStratos developed for customers such as Panasonic and DLink Networks. Fully-fitted with Panasonic’s / DLink Networks’ commercial and consumer security, telecommunications and networking solutions, the “solutions van” serves as marketing and presentation tool for retailers, system integrators and value-added resellers.

For further information please contact:

Rod North, Managing Director
Bourse Communications Pty Ltd
T: +613 9510 8309, M: +61 408 670 706
E: [email protected]

About the AltoStratos Group
AltoStratos Holdings Limited (the AltoStratos Group) is focused on the IT and consumer electronics market within the Asia-Pacific region. The Group serves as a Pan-Asian, vertically-integrated omni-channel adaptive routes-to-market (RTM) solutions partner of leading IT and consumer electronic brands and manufacturers.
The AltoStratos Group assists global IT brands in overcoming business-to-business (B2B) and business-to-consumer (B2C) supply chain and routes-to-market challenges by developing and deploying customised, omni-channel RTM solutions. Specifically, the AltoStratos Group sells into both the B2B and B2C online and offline channels across the Asia-Pacific region playing multiple roles.
As a key link in the RTM supply chain, the AltoStratos Group creates sales and profitability opportunities for its customers and other stakeholders in the IT industry.

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