NNSP, a South Korean company specializing in smart industrial security, will be the first within the industry to push for being listed on Catalist, a market for fast growing local and internal companies, of the SGX (Singapore Exchange Limited). Its plan is to make tangible results within global markets by being listed on Catalist.
NNSP (CEO Kim Il-yong) signed a FRA with a Singaporean investment platform called CapBridge to induce investments as part of its first step to be listed on Catalist.
CapBridge has the SGX and Hanwha Investment & Securities participating as its shareholders. It creates a joint investment model with major companies that have already entered their growth phase, collaborates with investors who can create added values, and helps companies to be listed successfully by connecting them with global network.
As a result, CapBridge continues to connect NNSP with different investments and investors and promote transaction process in order to support NNSP with attracting investments before NNSP is listed on its intelligent investment platform. CapBridge has decided to work with NNSP after seeing high potential of NNSP’s solution that is specialized for smart industrial security.
CapBridge is going to help NNSP with expanding its R&D ability and establishing its platform for foreign marketing early through investment inducement. CapBridge’s plan is to utilize its global network so that NNSP’s solution can quickly spread globally.
“After looking for a partner for many years in order to become a global company, we have finally found CapBridge that has solid global network.” said a spokesperson for NNSP. “We are going to make tangible results within global markets.” This spokesperson also emphasized that NNSP is going to spread its smart industrial security solution to South-East Asian countries early by having Singapore as the bridgehead to enter foreign markets.
“We are taking note of technical skills of NNSP that has necessary security solutions that are needed for the Fourth Industrial Revolution.” said a spokesperson for CapBridge. “We are going to actively support NNSP with attracting investments and marketing so that its excellent security technology in ICS (Industrial Control System) and OT (Operational Technology) fields can quickly spread globally with South-East Asia at the center.”
NNSP has developed ‘nNetDiode’, ‘nNetDiodeDual’, and ‘nNetTrust’ that are border security solutions for connection between network, ‘nNet NDR’ and ‘nNet EDR’ that are diagnostic systems based on AI and big data to predict any sign of abnormality, ‘IoT (Internet of Things) security gateway solution’ to protect smart factory, and an intelligent comprehensive platform that manages these solutions and supplies these solutions and platform to South Korean companies.
K&T Partners (CEO Kim Ki-gap), which has been actively inducing capitals within Singapore for more than 5 years, is participating as a consulting company for NNSP.
Staff Reporter Ahn, Soomin | smahn@etnews.com