Neoview is down more than 27% from the opening price in early trading on the first day of its KOSDAQ partitioning relisting on the 27th.
As of 9:23 a.m. that day on the KOSDAQ market, Neoview was trading at 18,460 won, down 7,140 won (27.89%) from the opening price of 25,600 won.
As a partitioning relisted issue, Neoview's first transaction price of 25,600 won, set through the call auction before the market opened, was set as the reference price for the day.
Korea Exchange (KRX) gave final approval for Neoview's KOSDAQ market partitioning relisting on the 23rd.
Neoview is a newly established corporation created through a spin-off of the in-vehicle display division of monitor and display specialist TOVIS.
Neoview's asset was 216.3 billion won on a consolidation basis as of the partitioning date on the 1st, and its equity was 84.8 billion won. On a separate financial statement basis for 2024, revenue was about 268.3 billion won and operating profit was 97.7 billion won. The reference price of the surviving corporation TOVIS is 17,910 won.