[Featured Stock] Model Solution Surges Over 9% on First Day of KOSDAQ Listing
[Asia Economy Reporter Lee Jung-yoon] Model Solution is showing strong performance on its first day of listing.
As of 10:50 AM on the 7th, Model Solution, a KOSDAQ-listed company, was trading at 32,200 KRW, up 9.15% (2,700 KRW) from the opening price of 29,500 KRW. The opening price was set 9.3% higher than the public offering price of 27,000 KRW.
Model Solution operates primarily in manufacturing and small-scale mass production services for ▲design prototypes ▲functional prototypes ▲injection molding prototypes needed in the product development stages of various high value-added industries such as automotive, aerospace, IT & telecommunications, and medical devices. This year, the company started contract manufacturing as a new business.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
In the demand forecast for institutional investors, 1,736 institutions participated in the subscription for 724,393 shares, which accounts for 72.44% of the total public offering volume, resulting in a competition rate of 1,725.78 to 1.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
