SY Panel Nepal Gets Approval to Issue Over 5.2 Million Shares

SY Panel Nepal Limited, a subsidiary of South Korea’s SY Co. Ltd., has received approval to issue shares to the public.

The Securities Board of Nepal (SEBON) has authorized the company to issue 5,232,548 ordinary shares (IPO) worth Rs. 52.32 crore. For this process, the company has appointed Prabhu Capital Limited as the issue manager.

SY Panel Nepal is a subsidiary of SY Co. Ltd., recognized as Asia’s No. 1 panel manufacturer. The company specializes in producing high-quality EPS and PUF sandwich panels.

According to the company, these products are cost-effective, durable, efficient, and provide excellent insulation for both extremely hot and cold climates. In addition, the company also offers complete solutions for earthquake-resistant structures, from design to construction.

Furthermore, SY Panel Nepal supplies Korean sandwich panels, UPVC windows, steel doors, and other construction materials in the market.