[This Week's IPO] Demand Forecast and Subscription Schedule for the Second Week of May

[Asia Economy Reporter Jang Hyowon] In the second week of this month (May), Jeju Beer is preparing for a demand forecast for institutional investors and a general public subscription. Sam CNS, Raontech, Samyoung S&C, and Jin System are also conducting general public subscriptions.

◆Jeju Beer= Established in 2015, Jeju Beer is engaged in craft beer manufacturing, import, and distribution businesses. It has formed a strategic partnership with Brooklyn Brewery, the number one craft beer company in New York, and has introduced world-class brewing facilities to produce high-quality beer.

Jeju Beer is pursuing a 'Tesla Special Case' listing. With the KOSDAQ listing as an opportunity, it plans to increase investment in brewing facilities and professional personnel to strengthen research and development (R&D) capabilities. Based on this, the goal is not only to establish itself as one of the top four beer companies in Korea but also to promote the excellence of domestic beer through overseas market expansion.

The total number of shares offered by Jeju Beer is 8,362,000 shares, with a desired public offering price range of 2,600 to 2,900 KRW per share. The maximum public offering amount is 24.2 billion KRW. The final public offering price will be determined through a demand forecast for institutional investors on the 10th and 11th, followed by a general subscription on the 13th and 14th. The lead underwriter is Daishin Securities.

◆Sam CNS= Sam CNS is a company mass-producing ceramic substrates (STF), established by acquiring Samsung Electro-Mechanics' ceramic STF business division in 2016. Ceramic STF is a component of probe cards used in semiconductor inspection equipment. As of the end of last year, ceramic STF for NAND probe cards, Sam CNS's main product, accounted for 95% of total sales.

The total number of shares offered is 12 million. The desired public offering price range is 5,000 to 5,700 KRW per share, with an expected public offering amount of 60 billion to 68.4 billion KRW. The demand forecast was conducted on the 3rd and 4th, and the public subscription will be held on the 10th and 11th. The lead underwriter is Daishin Securities.

◆Raontech= Established in 2000, Raontech develops and manufactures industrial robots used in semiconductor manufacturing processes and is currently listed on the KONEX market. In July last year, it received an A grade from the Electronics and Telecommunications Research Institute of Korea for the technology of 'manufacturing vacuum robots and transfer modules for wafer transfer in a vacuum environment,' meeting the special listing requirements for materials, parts, and equipment (SoBuJang) on the KOSDAQ market.

The total number of shares offered is 500,000. The desired public offering price range is 12,800 to 15,800 KRW per share, with a maximum expected public offering amount of 7.9 billion KRW. The demand forecast was conducted on the 3rd and 4th, and the public subscription will be held on the 10th and 11th. The lead underwriter is KB Securities.

◆Samyoung S&C= Established in 2000 after spinning off from Samyoung Electronics Industry, Samyoung S&C mainly produces sensors that measure temperature, humidity, and fine dust. It has secured major domestic and international clients such as Samsung Electronics, LG Electronics, and Ford Motor Company, consistently generating sales of 13 to 14 billion KRW annually.

The total number of shares offered is 1,105,000, with a desired public offering price range of 7,800 to 10,000 KRW. The public offering amount is approximately 8.6 billion KRW. The demand forecast was conducted on the 6th and 7th, and the public subscription will be held on the 11th and 12th. The lead underwriter is Mirae Asset Daewoo.

◆Jin System= Established in 2010, Jin System is a molecular diagnostics specialist company developing and producing diagnostic equipment, kits, and reagents. Its main products include GENECHECKER (ultra-fast PCR diagnostic equipment) and biochip-based diagnostic kits. Jin System plans to commercialize new content such as mosquito-borne infectious disease diagnosis, tuberculosis, and symptom-based infectious disease diagnosis after installing diagnostic equipment.

The total number of shares offered is 1,425,000, with a proposed public offering price band of 16,000 to 20,000 KRW. The demand forecast for institutional investors was conducted on the 6th and 7th, and the general subscription will be held on the 13th and 14th. The listing underwriter is Samsung Securities.