SEOUL, Oct. 15 (Korea Bizwire) — Big Hit Entertainment, the management agency of K-pop superstars BTS, debuted on South Korea’s main bourse on Thursday, building a valuation higher than the country’s next three largest entertainment companies combined. Big Hit shares opened at 270,000 won (US$236) on Thursday on the Korea Exchange and jumped by the [...]
SEOUL, Oct. 13 (Korea Bizwire) — Tens of trillions of won are floating around stock markets after last week’s fierce competition for the subscription of Big Hit Entertainment, the management agency of K-pop superstar BTS, data showed Tuesday. Retail investors, including BTS fans, chipped in 58.4 trillion won (US$50.8 billion) in the agency’s two-day subscription [...]
SEOUL, Oct. 7 (Korea Bizwire) — South Korean online gaming company Krafton Inc.’s planned initial public offering (IPO) is drawing keen interest from potential investors following a recent series of highly successful share sales, industry sources said Wednesday. The market craze follows megahit IPOs by Big Hit Entertainment, the management agency of K-pop phenoms BTS; [...]
SEOUL, Oct. 6 (Korea Bizwire) — Big Hit Entertainment, the management agency of K-pop phenoms BTS, drew a near record-high amount of deposits from retail investors Tuesday, the last day for the subscription for its initial public offering (IPO) next week. Since Monday, retail investors have subscribed for around 1.43 million Big Hit shares, or [...]
SEOUL, Oct. 4 (Korea Bizwire) — The chief of Big Hit Entertainment, the creative force behind K-pop superstar BTS, will become the 14th-richest stockholder in South Korea after his company’s initial public offering (IPO) in mid-October. The company is scheduled to open subscription for retail investors Monday and Tuesday at an IPO price of 135,000 [...]
SEOUL, Oct. 4 (Korea Bizwire) — SK Telecom Co., South Korea’s top telecom operator, is eyeing initial public offerings (IPO) for its digital service subsidiaries starting next year, analysts said Sunday, as the company seeks to realign its business structure. The move has been widely expected after the mobile carrier announced its IPO ambitions for [...]
SEOUL, Oct. 2 (Korea Bizwire) — South Korean analysts offer a wide range of target prices for Big Hit Entertainment, an agency of K-pop superstar BTS, ahead of the company’s market debut slated for this month. Big Hit Entertainment’s listing, set for Oct. 15, is one of this year’s mega IPO deals, thanks to the [...]
SEOUL, Oct. 1 (Korea Bizwire) — Big Hit Entertainment, the management agency of K-pop superstar BTS, will make its debut on the main bourse this month, arguably emerging as the top entertainment pick by investors this year. The company will open subscription for retail investors Monday and Tuesday at an initial public offering (IPO) price [...]
SEOUL, Sept. 28 (Korea Bizwire) — Big Hit Entertainment, the management agency for K-pop super group BTS, said Monday its initial public offering (IPO) price has been set at 135,000 won (US$115) following last week’s demand forecasting session. The offering price represents the upper end of its IPO price range provided for two-day demand forecasting [...]
SEOUL, Sept. 28 (Korea Bizwire) — South Korea’s No. 1 mobile payment service provider, Kakao Pay, is pushing for an initial public offering during the first half of next year, industry sources said Monday. To that end, Kakao Pay has recently chosen local brokerage KB Securities as the lead manager and is preparing to win [...]