Samil PwC: "Global IPO Market Recovering... Strategies Must Reflect Listing Environments"
"Key Strategies for Overseas IPO" Seminar Held
As the global initial public offering (IPO) market shows clear signs of recovery, an increasing number of domestic companies are seeking to enter overseas capital markets. Experts advise that these companies must establish systematic entry strategies tailored to the listing environments and investor requirements of each country.
On October 30, Samil PwC announced that it had held a seminar titled "Key Strategies for Overseas IPO" at its headquarters in Yongsan-gu, Seoul, the previous day. The seminar was attended by Samil PwC partners, representatives from a U.S. law firm and Nasdaq, chief financial officers (CFOs) of Nasdaq-listed companies, corporate officials, and more than 150 domestic and international experts.
On the 29th, at the Samil PwC headquarters in Yongsan-gu, Seoul, Kim Girok, Global IPO Service Leader at Samil PwC, spoke at the seminar on "Key Strategies for Overseas Initial Public Offerings (IPO)." Samil PwC
View original imageHong Junki, Head of Audit at Samil PwC, stated in his opening remarks, "With the global IPO market recovering rapidly, listing environments and investor requirements in each country are changing significantly. I hope this seminar will provide Korean companies seeking to enter global capital markets with the information they need, and further serve as an opportunity to network with global experts."
In a key session, Daniel Fertig, Partner at Samil PwC, said, "This year, technology and artificial intelligence (AI) companies have led the global market with active listing activities and high investment returns. We expect that, even after the fourth quarter, demand for listings will continue to be strong in high-growth industries, supported by accommodative monetary policies."
Kim Girok, Global IPO Service Leader, emphasized, "As the IPO market is rapidly changing, approval windows for each stock exchange are opening and closing quickly. It is essential to closely monitor market trends such as the number of listings, funds raised, and the status of overseas-listed companies, and to thoroughly assess IPO readiness."
Nam Seungsoo, Partner, introduced the "flip" strategy, in which domestic companies relocate their headquarters overseas. He cited the following advantages of this approach: ▲facilitating global investment attraction, ▲strengthening brand credibility, and ▲maximizing corporate value.
Park Gwangjin, Partner, advised, "When converting a Korean corporation into a subsidiary and establishing an overseas entity as the parent company, tax issues such as capital gains tax may arise. Companies should consider the potential increase in tax burden and operational complexity."
Jung Seungwon, Partner, explained the U.S. Securities and Exchange Commission (SEC) review process, noting, "There have been cases where companies were delisted due to repeated disclosure delays even after listing. A successful IPO is not only about going public but also about maintaining the listing responsibly."
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Kim Girok, who organized this seminar, said, "We will support companies in establishing successful overseas listing strategies by sharing the latest trends and practical insights in the global IPO market."
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