SSG.com Begins IPO Preparation: "Initiates Lead Underwriter Selection Process"

[Asia Economy Reporter Lim Chun-han] SSG.com has begun full-scale preparations for its stock market listing. On the 13th, SSG.com announced that it sent a request for proposal (RFP) for the selection of an underwriting firm to major securities companies.

SSG.com explained, "To accelerate growth, we reached a consensus on the necessity of listing with stakeholders including executives and employees, and as the first step, we decided to proceed with the selection of an underwriting firm."

SSG.com plans to focus the funds raised through the listing on logistics infrastructure and information technology (IT) sectors.

SSG.com stated, "We plan to establish ourselves as a leading and powerful platform in the rapidly changing e-commerce market," adding, "We will have multifaceted discussions with the underwriting firm to be selected in the future to successfully promote the initial public offering (IPO)."