[This Week's IPO] January Second Week Demand Forecast and Subscription Schedule

[Asia Economy Reporter Jang Hyowon] In the second week of January, Mirae Semiconductor and Obzen are scheduled to conduct demand forecasting for institutional investors. TIEMC and Hanju Light Metal will proceed with general subscription.

◆Mirae Semiconductor= Established in 1996, Mirae Semiconductor's main business is the distribution of semiconductors for Samsung Electronics. Last year, its sales reached 328 billion KRW, and operating profit was 19.6 billion KRW, increasing by 50.3% and 232.7% respectively compared to the previous year. The total number of shares offered is 3.6 million, with a desired public offering price range of 5,300 to 6,000 KRW per share. Demand forecasting for institutional investors will be conducted on the 10th and 11th to finalize the public offering price, followed by a two-day general subscription on the 16th and 17th. The goal is to list by the end of this month. The lead underwriter is Shinhan Investment Corp.

◆Obzen= Founded in 2000, Obzen operates in the development of marketing solutions applying big data and artificial intelligence (AI) technologies. Its main solutions include marketing automation, Martech, integrated standardization, and data-marketing combined solutions. The total number of shares offered is 775,956, with a desired public offering price range of 18,000 to 24,000 KRW per share. Demand forecasting will take place on the 10th and 11th, and general subscription on the 16th and 17th. The underwriter is Korea Investment & Securities.

◆TIEMC= The desired public offering price range is 32,000 to 38,000 KRW. The total planned shares offered are 2.2 million, with an expected market capitalization after listing of 353.7 billion to 420.1 billion KRW. Demand forecasting was conducted on the 4th and 5th, and general subscription for individual investors is scheduled for the 10th and 11th. The listing underwriter is Hanwha Investment & Securities. TIEMC is a specialized material company for semiconductor and display process specialty gases. It has localized various specialty gases used in core semiconductor processes. Over the past three years, it has achieved an average annual sales growth rate exceeding 55%, recording sales of 88.3 billion KRW last year.

◆Hanju Light Metal= The desired public offering price band is 2,700 to 3,100 KRW. The total number of shares offered is 6.5 million, with the public offering amount ranging from 17.6 billion to 20.2 billion KRW. Demand forecasting was conducted on the 4th and 5th, followed by general subscription on the 10th and 11th, with plans to complete listing by the end of this month. The joint lead underwriters are Hyundai Motor Securities and Mirae Asset Securities. Established in 1987, Hanju Light Metal is a vehicle parts manufacturing company supplying lightweight parts to major domestic and international automakers based on 35 years of advanced aluminum casting technology.