Baek Jong-won, CEO of Theborn Korea. (Photo=Yonhap News)

 

[Alpha Biz= Reporter Kim Minyoung] According to industry sources, The Born Korea, a franchise company led by CEO Baek Jong-won, is proceeding with the listing process by submitting a preliminary listing application.

On the 30th, the Korea Exchange received The Born Korea's preliminary listing application for the listing of securities. The lead underwriters for the listing are Korea Investment & Securities and NH Investment & Securities. The estimated corporate value is expected to be between 350 billion and 400 billion won.

The Born Korea is a franchise company where CEO Baek Jong-won holds a 76.69% stake as the largest shareholder. It operates 17 foodservice franchise brands

 

 

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