[THE INVESTOR] China’s Great Rich Technologies got approval on Oct. 24 from the Korea Exchange to list on South Korea’s secondary KOSDAQ market.

The stock trading will kick off on Oct. 25 with the initial offering price of 5,000 won (US$4.41).

 

Established in 2012, Hong Kong-based Great Rich Technologies is a holding company of its subsidiary that manufactures optical and protective film.

GRT posted a net profit of 164.5 billion won (US$144.9 million) and a sale of 35 billion won in the past one year ended on June 30.

By Park Han-na (hnpark@heraldcorp.com