Hana Securities, First Sole KOSPI Underwriter... Nexteel Listing

Hana Securities announced on the 21st that Nexteel, for which it was the sole underwriter, has been listed on the KOSPI.

Nexteel is the first company to be listed on the Korea Exchange this year. Established in 1990, it is a global integrated steel pipe manufacturing company producing well pipes and oil pipelines used in oil drilling and transportation, as well as structural steel pipes used in buildings.

Following its role as the lead underwriter for GI Innovation's listing in March this year, Hana Securities has solidified its position in the IPO market by solely underwriting Nexteel's first listing on the Korea Exchange this year.

Park Byung-ki, Head of Corporate Finance at Hana Securities, stated, "With Nexteel's successful first KOSPI listing this year, we expect it to bring vitality to the KOSPI market. As the lead underwriter, we will continue to serve as a reliable partner for companies preparing for their IPOs."

Meanwhile, as of 11:11 AM on the same day, Nexteel was trading at 11,610 KRW, up 0.96% from the public offering price of 11,500 KRW.

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