HPSP is getting ready for an IPO in Korea in July. This semiconductor equipment Korean company is an IPO with the best fundamentals for a so far in 2022.
Boomeranged on Mon, 15 Apr 2024 21:36
The local media mentioned today that Crescendo Equity Partners is planning to sell its 39.59% controlling stake in HPSP (403870 KS), whose market cap has increased by nearly 582% to 3.6 trillion won since its IPO in 2022. A 39.59% of its market cap is 1.4 trillion won. However, there is likely to be a significant management premium in this sale due to strong business prospects of HPSP.