[2020 Capital Investment Awards] KTB Securities, SK Biopharm, and Other Big 3 Lead IPO Success as 'Guarantee of Popularity'

IB Division Best Award

[Asia Economy Reporter Koh Hyung-kwang] Korea Investment & Securities is regarded as the securities firm with the most outstanding performance in this year's initial public offering (IPO) market. It managed the listings of SK Biopharm, Kakao Games, and Big Hit Entertainment, which are considered the 'Big 3' in this year's IPO market. It recorded the highest competition rate among underwriters by recruiting 31% (about 1.21 million shares) of SK Biopharm's listing volume, and Kakao Games was allocated 55% (1.76 million shares) of the general investors' subscription volume, raising subscription deposits amounting to 3.266 trillion KRW. Big Hit Entertainment also continued the subscription fever by gathering deposits worth 2.488 trillion KRW.

Korea Investment & Securities successfully completed the listings of about 10 small and medium-sized enterprises with competitiveness in various industries, not just big deals. Most of the companies for which Korea Investment & Securities served as the lead underwriter achieved the top end of the public offering price, earning a reputation as a 'guarantee check' for IPO success. By investing in promising companies ahead of their listings through pre-IPO investments, Korea Investment & Securities simultaneously finds new revenue sources and plays the role of an investor that enhances the value of these companies. This proactive business approach toward venture companies with high growth potential is considered a key competitive strength of Korea Investment & Securities' division.

Despite the COVID-19 pandemic that swept the world this year, actively utilizing untact investor relations (IR) through video conferencing services is also cited as a key factor in attracting investors and driving success. The achievements of Korea Investment & Securities' investment banking (IB) division are evaluated as the result of the leadership of CEO Jeong Il-moon, who is called a 'traditional IB man' with nearly 30 years of experience in the IB sector.

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