UPDATED. 2024-05-29 07:34 (수)
Shindo sets offering price ceiling at 16,000 won
Shindo sets offering price ceiling at 16,000 won
  • Gijong Lee
  • 승인 2020.06.24 22:27
  • 댓글 0
이 기사를 공유합니다

Registrations for regular investors to last from June 25 to 26
Shindo CEO Woung-ki Park Image: TheElec
Shindo CEO Woung-ki Park Image: TheElec

South Korean OLED equipment vendor Shindo ENG Lab has finalized its public offering share price ceiling at 16,000 won, the company said Wednesday.

Korea Investment & Securities, who is underwriting the public offering, said 1381 institute partook in the demand forecast for 1.04 million shares, or 80% of the total 1.3 million shares offered. 

Shindo CEO Woung-ki Park thanked the high interest in its demand forecast and vowed to expand its competence in the Chinese OLED market.

The registration for the remaining 260,000 shares for its IPO will commence in Thursday, ending in Friday. Shindo is hoping to be listed on KOSDAQ on July 6.

Shindo is aiming to secure 20.8 billion won in its public offering. It will use the funds to expand its production capacity as well as research and development, the company said.

Shindo was established in 2000 and focuses on equipment used in Liquid Crystal Display (LCD) and OLED production. It’s mainstays so far has been laminating and autoclave equipment. It aims to expand export of its 3D laminating equipment abroad, while also find new growths in hydrogen cells and vacuum glasses

삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2024 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr