Park Systems Goes Public
Nine-month sales for Park totaled KRW 13.8 billion ($11.8 million = KRW 1,169.81 = $1), according to Google-translated documents. The company’s IPO is the result of a “special technologies” IPO program.
Seoul, South Korea 12/16/15; Seoul, South Korea 12/17/15—AFM manufacturer Park Systems has completed an IPO of one million shares on South Korea’s KOSDAQ exchange. In 2014, the 84-person company generated KRW 13,123 million ($12.5 million = KRW 1,053.53 = $1) in revenues, according to the stock exchange. “This IPO demonstrates our ambition to take a quantum leap forward as a premier nano-measurement company, based on our technological competitiveness and a uniquely differentiated product line,” stated CEO Dr. Sang-il Park. Park supplies systems for research and semiconductor applications. The company is headquartered in Menlo Park, California.
