In the fourth week of June (23rd to 27th), three corporations will participate in public subscription for new shares.
According to the securities industry on the 22nd, Newen AI and Daishin Value REIT will conduct public subscription for general investors on the 23rd to 24th, and SYNIC Solution on the 25th to 26th.
Founded in 2004, Newen AI specializes in AI-based data analysis and processing services and is preparing for a KOSDAQ listing. Newen AI conducted a demand forecast from the 12th to 18th, recording a competition rate of 995.61 to 1. The final public offering price was set at 15,000 won, which is the upper limit of the desired range (13,000 to 15,000 won). The listing underwriter is NH Investment & Securities.
Daishin Value REIT will also accept subscriptions from the 23rd to 24th. A REIT refers to a real estate investment vehicle that pools investor funds to generate revenue through real estate assets. Daishin Value REIT is the first listed REIT of the Daishin Finance Group led by DAISHIN SECURITIES and will be listed on the Korea Composite Stock Price Index (KOSPI). It has the headquarters building of the Daishin Group, 'Daishin 343,' as its underlying asset.
Daishin Value REIT recorded a competition rate of 7.43 to 1 from the institutional demand forecast conducted on the 12th to 13th. A total of 174 domestic and foreign institutions participated in this demand forecast, applying for 860 million shares. The public offering price per share is set at 5,000 won, with the total order size reaching 430 billion won.
Founded in 2005, SYNIC Solution is a design house specializing in system semiconductor design. A design house is a place that optimizes and complements semiconductor designs created by fabless companies so that foundry companies can mass-produce them. It will accept subscriptions from the 25th to 26th as it pushes for a KOSDAQ listing. SYNIC Solution has recently adjusted the desired public offering price range downwards from the existing 4,300 to 5,100 won to 4,000 to 4,700 won in reflection of its recent poor performance.