SEOUL, May 9 (Korea Bizwire) — ONE store Co., a South Korean mobile app market platform, will go public this month as planned, its CEO said Monday, amid concerns its initial public offering (IPO) may draw weaker-than-expected demand in the face of lackluster market conditions. ONE store, the No. 2 mobile app market operator here [...]
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 [...]
SEOUL, May 3 (Korea Bizwire) — South Korean information technology service provider LG CNS has kicked off the process of its initial public offering (IPO) that could take place as early as in the second half of this year, industry sources said Tuesday. LG CNS, a unit of South Korea’s No. 4 conglomerate LG Group, [...]
SEOUL, April 26 (Korea Bizwire) — SK shieldus Co., a security arm of South Korean telecom giant SK Telecom Co., is expected to raise up to 3.55 trillion won (US$2.85 billion) through a planned initial public offering (IPO) next month. The listing, set for May 19, will mark the biggest ever market debut by a [...]
SEOUL, March 31 (Korea Bizwire) — SK On Co. is not considering an initial public offering (IPO) for at least another two to three years but will build up its competitiveness and enhance corporate value before pushing for a market debut, head of its parent company said Thursday. The potential listing of SK On has [...]
SEOUL, March 21 (Korea Bizwire) — South Korean builder SK ecoplant Co. said Monday it has started the process of its initial public offering, slated for the first half of next year. SK ecoplant, a unit of SK Group, South Korea’s third-largest conglomerate, said it had sent invitations to major domestic and overseas brokerage houses [...]
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 [...]
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 [...]
SEOUL, Jan. 14 (Korea Bizwire) — South Korean battery maker LG Energy Solution Ltd. (LGES) is expected to raise 12.75 trillion won (US$10.7 billion) this month in what will be the country’s largest-ever initial public offering (IPO). LGES said in a regulatory filing Friday it set the IPO price at 300,000 won per share, the [...]
SEOUL, Jan. 7 (Korea Bizwire) — K-Bank, a South Korean internet-only bank, said Friday it has begun the process of an initial public offering (IPO) as part of efforts to raise funds to strengthen its foothold as a major digital financial platform. K-Bank sent a request for proposal to local and foreign securities firms earlier [...]