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Samhyun Co Ltd

Samhyun Co Ltd (Ticker: 437730 KS) is a South Korea-based company specializing in the design and manufacturing of parts, primarily for the electric vehicle industry, e.g. smart actuators and power units. The company serves the automotive, shipbuilding, robot, defense, and aviation industries.

Samhyun Co Ltd is set to list on the KOSDAQ on March 21, 2024. The company plans to offer 2 million shares at a price of KRW 30,000 per share. The expected market capitalization at offer is KRW 317.08 billion (USD 238.50 million), with a total offer size of KRW 60.00 billion (USD 45.13 million).

The offering is managed by Korea Investment & Securities Co. Notably, there will be 132,000 shares locked up for an Employee Stock Ownership Plan (ESO Plan) for one year after the deposit date.

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