[This Week's IPO] August Third Week Demand Forecast and Subscription Schedule

[Asia Economy Reporter Jang Hyowon] In the third week of this month (August), S&D and Iljin High Solus will conduct demand forecasting for institutional investors.

◆S&D=Founded in 1998 by CEO Yeokyungmok, a former researcher at the Korea Institute of Science and Technology (KIST), S&D is a company specializing in functional food materials. Its main business areas include manufacturing general functional food ingredients and health functional food ingredients, and it was listed on the KONEX market in 2016.

The company develops innovative materials and materials needed by consumers through efficient operation of internal and external R&D capabilities based on its own research and development capabilities, industry-academia-research institute collaboration systems, and cooperation with client companies. It has obtained major domestic and international certifications such as Hazard Analysis and Critical Control Points (HACCP), Halal certification, and Good Manufacturing Practice (GMP) for health functional foods, and owns production facilities utilizing proprietary patented technologies.

The total number of shares offered is 1,023,000, with a desired public offering price band of 30,000 to 32,000 KRW per share. Demand forecasting will be conducted over two days on the 19th and 20th to finalize the public offering price, followed by a general subscription on the 24th and 25th. The lead underwriter is Eugene Investment & Securities.

◆Iljin High Solus=Iljin High Solus is a core hydrogen mobility parts company providing hydrogen fuel tanks and modules based on the highest level of hydrogen storage technology in Korea.

In 2014, it became the first in the industry to supply hydrogen fuel tanks for Hyundai Motor Company's Tucson hydrogen electric vehicle, which was successfully commercialized, and has since supplied hydrogen fuel tanks for the fuel cell electric vehicle (FCEV) 'Nexo' and hydrogen buses.

The total number of shares offered is 10,893,990, with a desired public offering price range of 25,700 to 34,300 KRW per share, and the expected offering amount is approximately 280 billion KRW based on the lower price. Demand forecasting will be conducted on the 19th and 20th, followed by a general subscription on the 24th and 25th. The lead underwriters are Mirae Asset Securities, Samsung Securities, Hyundai Motor Securities, and Daishin Securities.

This content was produced with the assistance of AI translation services.