SEOUL, June 28 (Korea Bizwire) — Newly listed stocks enjoyed substantial gains in the first half this year, fueling an investor rush amid volatile market trends, data showed Sunday. A total of 12 companies made debuts on the main KOSPI and the tech-laden KOSDAQ markets, nine of which far exceeded their IPO prices, according to [...]
SEOUL, May 20 (Korea Bizwire) — South Korean drug firm SK Biopharmaceuticals Co. has filed a formal application for its share listing scheduled for May, industry sources said Wednesday. The biopharmaceutical unit of South Korean conglomerate SK Group on Tuesday submitted a so-called registration statement to the country’s financial authorities in the runup to the [...]
SEOUL, April 27 (Korea Bizwire) — TMON Inc., one of South Korea’s major e-commerce operators, said Monday it is pushing for a listing on the country’s stock market next year. The decision for an initial public offering (IPO) apparently came as the company posted its first monthly operating profit in nearly 10 years. In March, [...]
SEOUL, Nov. 25 (Korea Bizwire) — South Korean drug firm SK Biopharmaceuticals Co. is expected to raise at least 5 trillion won (US$4.25 billion) through a planned share sale, analysts said Monday. The company said Friday that XCOPRI, or cenobamate, has won approval from the U.S. Food and Drug Administration (FDA) for the treatment of [...]
SEOUL, Sept. 30 (Korea Bizwire) — South Korea’s initial public offering (IPO) market is expected to gather ground in the fourth quarter as several large companies are seeking to make debuts on the local stock market, an industry source said Monday, although investors remained bearish on stocks. About 10 companies have applied or plan to [...]
SEOUL, Aug. 22 (Korea Bizwire) — South Korean conglomerate SK Group is seeking to list its pharmaceutical unit on the country’s stock market by the end of this year, industry sources said Thursday. SK Holdings Co., the conglomerate’s holding firm, held a board meeting last month to pass a plan for SK Biopharmaceuticals Co.’s initial [...]
NOVA LIMA, Brazil, Jul. 23 (Korea Bizwire) — Afya Limited, or Afya (Nasdaq: AFYA) today announced the closing of its initial public offering of 15,805,841 Class A common shares at a public offering price of $19.00 per share. Afya issued and sold 13,888,887 shares of Class A common shares, which includes the full exercise of [...]
NEW YORK, Jul. 18 (Korea Bizwire) — Afya Limited (“Afya”) today announced the pricing of its initial public offering of 13,744,210 Class A common shares at a public offering price of $19.00 per share. Afya is issuing and selling 11,827,256 shares of Class A common shares and certain selling shareholders are selling an additional 1,916,954 [...]
NEW YORK and SAN FRANCISCO, Apr. 3 (Korea Bizwire) — BNP Paribas, a leading European provider of banking and financial services, announces an equity investment in Forge Global, Inc. (“Forge”), the leading marketplace for pre-IPO securities, in addition to a strategic product collaboration. The collaboration will involve the development and distribution of investment products providing [...]
SEOUL, Jan. 7 (Korea Bizwire) — South Korea’s initial public offering (IPO) market is widely expected to gather ground sharply in 2019 as several large companies are seeking to sell shares for the first time, industry sources said Monday. The market is projected to reach up to 10 trillion won (US$8.9 billion) this year, compared [...]