À̹ÌÁö È®´ë The year-end IPO pipeline in South Korea remains vigorous amid brimming deposits in stock accounts.
TLB, a printed circuit board (PCB) maker, will conduct a book building on Nov.30 to Dec. 1 to offer 1 million shares. It has set the desired price band between 33,200 won ($30) and 38,000 won apiece, which will help the firm raise 33.2 billion won ($30 million) to 38 billion won. DB Financial Investment is leading the offering.
Market data provider FnGuide currently trading on Konex exchange will hold a book building on Dec. 2 to move to bigger Kosdaq market. It will offer 1,626,190 shares to raise up to 10.6 billion won. The desired price band has been set at 5,200 won to 6,500 won. Founded in 2000, the financial data tracker posted 3.2 billion won in operating profit and 21.1 billion won in sales last year, up 79.6 percent and 84.5 percent, respectively.
Antibody drug developer Prestige BioPharma will conduct a book building from Dec. 3 to set price for its offering of 15,341,640 shares. Its desired price band is between 25,000 won and 32,000 won, giving the drug maker fresh capital of up to 490.9 billion won if the price is set at the highest end. Samsung Securities is the lead underwriter.
By Kang Woo-seok and Choi Mira
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