Sono International Files for South Korean Stock Exchange Listing with Estimated 3 Trillion Won Valuation

According to securities industry sources, Sono International, a hotel and resort operator under Sono Trinity Group, filed for listing on the Korea Exchange on June 26. Joint lead underwriters are Mirae Asset Securities and Daeshin Securities. The company is estimated to be valued at approximately 3 trillion won.

Sono International operates Sono Hotels & Resorts, ski resort Vivaldi Park, water park Ocean World, and golf club Sono Felice Country Club. Last year, it recorded revenue of 968.8 billion won and operating profit of 248.2 billion won, with operating margins exceeding 20% annually. The company acquired Trinity Airlines last year and plans an integrated travel platform linking aviation and accommodation services.