Korea Exchange Passes Preliminary Listing Review for TFE

[Asia Economy Reporter Seomideum] Semiconductor and machinery manufacturer TFE has passed the preliminary listing review.

On the 6th, the Korea Exchange KOSDAQ Market Headquarters announced, "The KOSDAQ Market Listing Committee has reviewed and approved TFE's general listing."

TFE recorded consolidated sales of 71.967 billion KRW and operating profit of 10.897 billion KRW in 2021.

TFE's planned public offering amount is between 24.3 billion KRW and 28.4 billion KRW, with a planned issue price per share of 9,000 to 10,500 KRW. The listing underwriter is IBK Investment & Securities.