IPO Archives | Be Korea-savvy
SK shieldus Scraps IPO Plans on Poor Market Sentiment

SK shieldus Scraps IPO Plans on Poor Market Sentiment

SEOUL, May 6 (Korea Bizwire) — South Korean cybersecurity service provider SK shieldus Co. withdrew its plans for an initial public offering (IPO) Friday, citing lackluster investor confidence. SK shieldus, the cybersecurity arm of South Korean telecom giant SK Telecom Co., said it had submitted a delisting notice to the Financial Supervisory Service the same [...]

Money Raised Through IPOs Hits Record High in 2021 amid Ample Liquidity, Bullish Sentiment

Money Raised Through IPOs Hits Record High in 2021 amid Ample Liquidity, Bullish Sentiment

SEOUL, Feb. 7 (Korea Bizwire) — The amount of money South Korean firms raised through initial public offerings (IPOs) more than quadrupled to hit a record high last year thanks to ample liquidity and the overall bullish stock market sentiment, data showed Monday. A total of 89 companies went public in 2021 by listing stocks [...]

LG Energy Solution Sets Record 114 tln Won in IPO Retail Bids

LG Energy Solution Sets Record 114 tln Won in IPO Retail Bids

SEOUL, Jan. 19 (Korea Bizwire) — South Korean battery maker LG Energy Solution Ltd. (LGES) drew record high demand from retail investors in the public subscription for its red-hot initial public offering (IPO) next week, its underwriters said Wednesday. The company attracted 114.1 trillion won (US$95.8 billion) in deposits from some 4.4 million retail investors [...]