VECT is strong on the 16th, the first day of its KOSDAQ listing.
According to the Korea Exchange, VECT is trading at 9,560 won, up 5,660 won (145.13%) compared to the offering price of 3,900 won as of 9:09 a.m. On this day, VECT rose as high as 10,480 won in early trading.
VECT operates a one-stop total visual solution business that combines digital signage content and hardware. It began with the distribution of Panasonic's projector products and now directly produces and sells hardware products such as electronic boards and light-emitting diode (LED) displays.
VECT recorded a competition rate of 1,170.34 to 1 in the general subscription for public offerings conducted on the 4th and 5th. Subscription deposits totaled 2.71 trillion won. Prior to this, a demand forecast for institutional investors was also successful, confirming the offering price at the upper limit of the hoped offering band (3,500-3,900 won) at 3,900 won.