Green Resource, Public Offering Price Set at 17,000 KRW... KOSDAQ Listing on the 24th
Green Resource, which is pursuing a KOSDAQ listing, announced on the 10th that it has set the public offering price at 17,000 KRW, exceeding the upper limit of the desired range (11,000 to 14,000 KRW) based on the results of institutional investor demand forecasting.
A total of 1,890 institutions participated in the demand forecast conducted until the 9th, recording a competition rate of 753.19 to 1. The public offering amount is approximately 27.8 billion KRW, and the market capitalization after listing is about 139.1 billion KRW.
Founded in 2011, Green Resource is a specialized company in ultra-high-density special coatings, developing and supplying coating materials used in semiconductors.
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The company plans to proceed with general subscription on the 13th and 14th and is scheduled to be listed on the KOSDAQ market on the 24th. The listing underwriter is NH Investment & Securities.
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