"Minors Applying for Pado Subscription, Please Apply for Account Opening in Advance"

NH Investment & Securities, Notice on Precautions for Minor Account Opening Applications

NH Investment & Securities has requested that the opening of minor accounts be completed by July 23 in relation to the subscription of 'Padu,' a major public offering stock scheduled for the second half of this year. This is based on the expectation that there may be a surge in minor account openings.

On the 20th, NH Investment & Securities announced that it has issued a notice guiding customers to complete non-face-to-face minor account openings by July 23. The Padu subscription will take place over two days, July 27 and 28, with NH Investment & Securities serving as the lead underwriter.

The eligibility for subscribing to Padu public offering stocks requires customers to have completed account opening by July 26. NH Investment & Securities stated that while non-face-to-face minor account opening applications will be accepted from July 24 (Monday) to July 26 (Wednesday), if there is a surge in applications causing delays in the verification of 'family relationship confirmation documents,' account openings may not be completed. In such cases, subscription will not be possible.

Additionally, on the day before the subscription, July 26, minor account opening applications will be restricted to submissions by 4 p.m. Non-face-to-face minor account openings involve a process where financial institutions verify family relationship confirmation documents and directly confirm child information before approving and completing the account opening.

The process from application to completion of account opening can take up to three business days. However, for adults, the non-face-to-face account opening approval process is automated, allowing immediate completion. Detailed information can be found on NH Investment & Securities' MTS, HTS, and official website.