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[IPO] Jurstech Subscription Day 1 Ends... Proportional Competition Rate at 254.52:1, Equal Allocation at 1.19 Shares

The first day of the IPO subscription for Jurstech, a semiconductor and display motion system company, concluded around 4 p.m. on the 18th. The first day of thi

CBC News Desk
Staff Reporter
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[IPO] Jurstech Subscription Day 1 Ends... Proportional Competition Rate at 254.52:1, Equal Allocation at 1.19 Shares
CBC News

The first day of the IPO subscription for Jurstech, a semiconductor and display motion system company, concluded around 4 p.m. on the 18th.

The first day of this subscription, led by Samsung Securities as the lead underwriter, saw a total of 168,163 applications, demonstrating strong investor interest. As a result, the number of shares allocated equally per account was 1.19 shares, and the proportional competition rate recorded 254.52 to 1.

According to regulatory filings, Jurstech leverages ultra-precision motion technology as its core capability to supply innovative components and solutions across various industries. Its main product lines include motion systems for semiconductors, displays, industrial automation, and space applications.

Jurstech's IPO price was set at 12,500 won. If the stock records a 'ttattable' (a 300% increase compared to the IPO price) in the market on the listing date of June 29, the share price could rise to as much as 50,000 won.

Meanwhile, Jurstech will hold the second day of its subscription on the 19th. Market attention is focused on whether the strong subscription demand from the first day will continue into the second day.

[※ Investment decisions are the responsibility of the investor, and the content included in this article may change depending on market conditions.]

CBC News Desk
Staff Reporter

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