[Asia Economy Reporter Ji Yeon-jin]The Korea Exchange announced on the 21st that it has received the preliminary review application for listing on the KOSPI market submitted by PI Advanced Materials (PI Cheomdan Sojae).
PI Advanced Materials is a polyimide (PI) film manufacturing company established in June 2008 and was listed on the KOSDAQ market in December 2014.
Currently, Korea PI Holdings Co., Ltd. holds the largest stake with 54.07% ownership. Last year, it achieved sales of 261.8 billion KRW and a net profit of 41.7 billion KRW.
The lead underwriter for the listing is NH Investment & Securities.
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