Search results for Skylabs
Finance
IPO market stirs as duplicate listing ban takes effect, investor sentiment still weak
More than a month after South Korea began enforcing guidelines that ban duplicate listings in principle while allowing exceptions, some long-delayed listing reviews have resumed and IPO supply in September is expected to increase. Investor appetite for IPOs remains weak, with most newly listed firms in August trading below their offer prices. New rules impose duties on parent boards and require subsidiary independence, while market watchers cite softer demand in bookbuilding and subscriptions.
Finance
Kosdaq tech listings top 300 after 21 years, total IPO proceeds 8 trillion won
The number of companies listed on South Korea’s Kosdaq through the technology special listing scheme has topped 300, 21 years after its introduction, the Korea Exchange said. It said cumulative IPO proceeds raised by the 300 companies total about 8 trillion won, with biotech accounting for 4.5 trillion won. The exchange said advanced industries now dominate new listings and market value, while investor protection remains a task.
AI & Enterprise
Skylabs launches CART ON ring-type ward blood pressure monitoring solution
Skylabs said on Monday it has launched CART ON, a ward-specific solution that uses a ring-type blood pressure monitor to automatically measure and manage blood pressure data for hospitalised patients. The company said the launch expands its business beyond outpatient and consumer markets into ward patient monitoring. Data collected is linked to Seers Technology’s inpatient monitoring platform thynC and is automatically sent and recorded in nurse-station dashboards and hospital EMR systems. Daewoong Pharmaceutical will handle domestic sales.