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Doosan Robotics Logs Successful Debut after This Year’s Biggest IPO

Doosan Robotics Logs Successful Debut after This Year’s Biggest IPO

SEOUL, Oct. 5 (Korea Bizwire) — Doosan Robotics Inc., South Korea’s largest collaborative robot supplier, made a successful market debut Thursday after raising the largest initial public offering (IPO) this year. Doosan Robotics was trading at 50,900 won (US$38) on Seoul’s main bourse as of 9:20 a.m., up 97 percent from its IPO price of [...]

CBL International Limited Announces Closing of Initial Public Offering

CBL International Limited Announces Closing of Initial Public Offering

KUALA LUMPUR, Malaysia, March 28 (Korea Bizwire) — CBL International Limited (NASDAQ: BANL), together with its wholly owned subsidiaries (“CBL International” or the “Company”), is an established marine fuel logistic company currently focusing on the Asia Pacific region, providing one-stop solutions for vessel refueling. CBL International today announced the closing on March 27, 2023 of [...]

IPOs in S. Korea Sharply Down in 2022 amid Uncertainty from Inflation, Rate Hikes

IPOs in S. Korea Sharply Down in 2022 amid Uncertainty from Inflation, Rate Hikes

SEOUL, Feb. 27 (Korea Bizwire) — The number of initial public offerings (IPOs) and the amount of funds raised from the process in 2022 decreased sharply due to market uncertainty caused by inflation and monetary tightening in major countries, data showed Monday. A total of 70 companies made their debuts on the main KOSPI and [...]

Oasis Cancels IPO on Poor Market Sentiment

Oasis Cancels IPO on Poor Market Sentiment

SEOUL, Feb. 13 (Korea Bizwire) — South Korean online grocer Oasis Corp. cancelled its planned initial public offering (IPO) on Monday amid lackluster investor sentiment. Oasis said it submitted a withdrawal letter after it received a lackluster response from domestic and foreign institutional investors during a two-day demand forecasting session last Tuesday and Wednesday amid [...]