VECT, a one-stop total visual solutions provider specializing in digital signage, announced on the 2nd that it is moving forward with its plans to list on the KOSDAQ.
Corporate Logo(source: vect.co.kr)
According to the company, VECT recently passed the preliminary review for KOSDAQ listing by the Korea Exchange and plans to submit its securities registration statement to the Financial Services Commission soon, officially beginning the public offering process. Shinhan Securities is the lead underwriter.
Founded in 2006, VECT offers integrated digital signage solutions, providing end-to-end services from project planning and hardware setup to content creation. Its solutions are utilized across various sectors such as advertising, retail, entertainment, and education. The company is recognized for its strong planning capabilities and advanced signage device expertise, offering customized visual solutions tailored to each client's needs.
In addition, VECT serves as a domestic distributor for Panasonic’s projector products, offering a wide range of projector models that cater to digital content such as media art and immersive content. Over the past 18 years, VECT has built an extensive project portfolio, serving more than 10,000 clients, including corporations, financial institutions, broadcasters, hotels, public institutions, and schools.
VECT holds numerous patents related to signage devices, including touch screens, multi-video playback, real-time video transmission, and ID generation devices. The company produces and distributes various hardware products such as smart learning and business conference electronic whiteboards, multi-functional controller-equipped electronic lecterns, and transparent film-type LED weather boards.
Last year, VECT posted consolidated revenue of 68.9 billion won and an operating profit of 4 billion won. In the first half of this year, the company achieved 34.9 billion won in revenue and 2.3 billion won in operating profit, continuing its steady growth.
Yoo Chang-soo, CEO of VECT, stated, "We plan to invest the funds raised through the KOSDAQ listing into research and development(R&D) for digital signage devices and content, laying the groundwork to become a global content solutions provider."
VECT, a one-stop total visual solutions provider specializing in digital signage, announced on the 2nd that it is moving forward with its plans to list on the KOSDAQ.
Corporate Logo(source: vect.co.kr)
According to the company, VECT recently passed the preliminary review for KOSDAQ listing by the Korea Exchange and plans to submit its securities registration statement to the Financial Services Commission soon, officially beginning the public offering process. Shinhan Securities is the lead underwriter.
Founded in 2006, VECT offers integrated digital signage solutions, providing end-to-end services from project planning and hardware setup to content creation. Its solutions are utilized across various sectors such as advertising, retail, entertainment, and education. The company is recognized for its strong planning capabilities and advanced signage device expertise, offering customized visual solutions tailored to each client's needs.
In addition, VECT serves as a domestic distributor for Panasonic’s projector products, offering a wide range of projector models that cater to digital content such as media art and immersive content. Over the past 18 years, VECT has built an extensive project portfolio, serving more than 10,000 clients, including corporations, financial institutions, broadcasters, hotels, public institutions, and schools.
VECT holds numerous patents related to signage devices, including touch screens, multi-video playback, real-time video transmission, and ID generation devices. The company produces and distributes various hardware products such as smart learning and business conference electronic whiteboards, multi-functional controller-equipped electronic lecterns, and transparent film-type LED weather boards.
Last year, VECT posted consolidated revenue of 68.9 billion won and an operating profit of 4 billion won. In the first half of this year, the company achieved 34.9 billion won in revenue and 2.3 billion won in operating profit, continuing its steady growth.
Yoo Chang-soo, CEO of VECT, stated, "We plan to invest the funds raised through the KOSDAQ listing into research and development(R&D) for digital signage devices and content, laying the groundwork to become a global content solutions provider."