K Bank IPO
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Date
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IPOs
SK Bioscience debuts strong, up 160% from IPO price
SK Bioscience Co., a spin-off from the vaccine division of SK Chemicals, posted a strong debut on Kospi on Mar. 18, closing at 169,000 won a share, ...
Mar 18, 2021 (Gmt+09:00)
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IPOs
Coupang's US listing: How to split $95.6 mn underwriting fees?
Goldman Sachs, JPMorgan, Allen & Company and six other underwriters of Coupang Corp.'s US stock market listing last week are set to receive a co...
Mar 18, 2021 (Gmt+09:00)
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Korean stock market
Krafton plans 5-for-1 share split ahead of over $880 million IPO
South Korean games developer Krafton Inc., 13.2% owned by Tencent Holdings’ investment arm, plans a five-for-one share split ahead of its plan...
Mar 17, 2021 (Gmt+09:00)
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IPOs
Market Kurly faces bumpy road to 2021 US listing
South Korea's Kurly Inc., better known by its brand name Market Kurly, has recently terminated its contract with IPO manager Samsung Securities Co.,...
Mar 16, 2021 (Gmt+09:00)
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K-pop
Growing fandom of BTS, other K-pop idols revives album market
In the South Korean music industry, the emergence of Soribada, the country’s first peer-to-peer file-sharing service, in 2000 heralded the beg...
Mar 14, 2021 (Gmt+09:00)
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IPOs
Coupang rival Market Kurly also eyes US IPO in 2021
Following the successful IPO debut of South Korea’s e-commerce giant Coupang Corp., its smaller, premium local rival Market Kurly is also cons...
Mar 12, 2021 (Gmt+09:00)
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K-pop
Spotify, Kakao settle licensing dispute; K-pop returns to platform
Spotify Technology S.A., the world's largest music streaming service, has reached a licensing agreement with Kakao Entertainment Corp., to make musi...
Mar 11, 2021 (Gmt+09:00)
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IPOs
SK Bioscience IPO draws record-high demand from retail investors
South Korean vaccine maker SK Bioscience Co. has set a new record for initial public offering demand, raising around 63.6 trillion won ($56 billio...
Mar 11, 2021 (Gmt+09:00)
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Business & Politics
Naver, E-Mart in share swap talks ahead of Coupang's US IPO
South Korea’s largest online platform Naver Corp. has tentatively agreed to swap its shares with E-Mart Inc., Shinsegae's supermarket chain, a...
Mar 10, 2021 (Gmt+09:00)
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IPOs
SK Bioscience’s $1.3 bn IPO generates $10 mn in underwriting fees
The initial public offering of SK Bioscience Co. was priced at the upper end of its price band of 65,000 won ($57.3) per share on Monday to raise 1....
Mar 08, 2021 (Gmt+09:00)
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REITs
SK Group eyes IPO of headquarter-backed REIT in 2021
South Korea’s SK Group has begun the process to list a real estate investment trust (REIT) backed by its head office building and some 100 pet...
Mar 03, 2021 (Gmt+09:00)
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IPOs
Upward IPO price band revisions at all-time high this year
This year, South Korean companies preparing for trading debuts have set their offering prices on average about 27% higher than the proposed price ba...
Mar 02, 2021 (Gmt+09:00)
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IPOs
Hyundai Heavy hires Korea Investment, 4 others as IPO managers
South Korean shipbuilder Hyundai Heavy Industries Co., which plans to list its shares on the local bourse this year, has mandated Korea Investment &...
Mar 02, 2021 (Gmt+09:00)
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IPOs
Top travel platform Yanolja eyes Q2 IPO review, listing by year-end
South Korea’s largest travel platform Yanolja is looking to have its initial public offering plans reviewed by regulators in the second quarte...
Mar 01, 2021 (Gmt+09:00)
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IPOs
Blackstone-backed handbag maker Simone readies for IPO
South Korea-based luxury handbag maker Simone Acc. Collection Ltd. is pushing for an initial public offering this year, paving the way for the globa...
Feb 26, 2021 (Gmt+09:00)
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K-pop
Fresh attempts to produce K-pop boy bands abroad raise eyebrows
Last month, South Korea-based Big Hit Entertainment Co. announced plans to team up with Universal Music Group to debut a K-pop boy band in the US. T...
Feb 24, 2021 (Gmt+09:00)
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Private equity
E-commerce platform TMON raises $276 mn in pre-IPO share sale
South Korea’s e-commerce platform TMON Inc., majority-owned by KKR & Co. and Anchor Equity Partners, has completed its pre-IPO share sale ...
Feb 19, 2021 (Gmt+09:00)
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Private equity
S.Korean internet-only bank seeks to raise $540 mn; attracts global PE firms
South Korea’s internet-only bank, K bank, is seeking to raise up to 600 billion won ($540 million) through a rights offering, attracting glo...
Feb 19, 2021 (Gmt+09:00)
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Debt financing
Coupang likely to get $1 bn credit line from IPO managers
South Korea’s online retailer Coupang Corp. is looking to secure a credit line of up to $1 billion from the underwriters of its US initial pub...
Feb 17, 2021 (Gmt+09:00)
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IPOs
Korean VC firm KTB Network aims for 2021 IPO
KTB Network Co., a South Korean venture capital firm, will renew its plans to go public this year, after its aggressive investments in both domestic...
Feb 16, 2021 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific, Shopee ink partnership for Southeast Asian market
Amorepacific Corp., the South Korean beauty giant, has signed a partnership agreement with Shopee, a Singaporean e-commerce platform, to expand it...
Feb 16, 2021 (Gmt+09:00)
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IPOs
Korean stock markets set for record-high IPOs in 2021
Initial public offerings in South Korea are expected to top 20 trillion won ($18 billion) in value this year, the largest amount for a single year i...
Feb 16, 2021 (Gmt+09:00)
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IPOs
Korean REIT backed by Amazon’s Japan warehouse eyes $280 mn IPO
A South Korean real estate investment trust (REIT) backed by Amazon’s largest logistics center in Japan and an office complex in Seoul is plan...
Feb 15, 2021 (Gmt+09:00)
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IPOs
Coupang applies for IPO on New York Stock Exchange
Coupang Corp., 37% owned by SoftBank Group, is set to become the first Korean company to list directly on the New York Stock Exchange, with its valu...
Feb 14, 2021 (Gmt+09:00)
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IPOs
Controversy surrounds SK Bioscience’s $1 bn IPO valuation
SK Bioscience Co., a spin-off of SK Chemicals Co.'s vaccine division, is set to list on the South Korean stock exchange on March 18 to raise up to $...
Feb 09, 2021 (Gmt+09:00)
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Alternative investments
Korean banks fund alternative deals with $540 mn loans via KIC
South Korean banks have offered a combined $540 million in syndicated loans to fund overseas alternative investments, in which Korea Investment Corp...
Feb 09, 2021 (Gmt+09:00)
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Banking & Finance
Tight margins, regulatory meddling weigh on Korean banks
The five leading banks in South Korea, including Kookmin and Shinhan, logged their first drop in net profit last year in five years, dented by shrin...
Feb 08, 2021 (Gmt+09:00)
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Corporate restructuring
SK Telecom creates dedicated IPO team to boost valuation
South Korea’s largest mobile carrier SK Telecom Co. has set up an exclusive team to oversee the initial public offering process for its affili...
Feb 07, 2021 (Gmt+09:00)
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K-pop
Big Hit, Naver to join with Universal Music to take K-pop platform global
Big Hit Entertainment Co., the label behind K-pop sensation BTS, and portal giant Naver Corp. are set to team up with Universal Music Group, the wor...
Feb 04, 2021 (Gmt+09:00)
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Entertainment
K-pop labels' revenue model shift to usher in new valuations
South Korean entertainment companies are expanding their scope beyond the music scene and shifting to platform services, ushering in new valuations ...
Feb 03, 2021 (Gmt+09:00)
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