initial public offering (IPO)
Scope
Date
~
-
IPOs
Top Korean travel startup Yanolja taps 2021 IPO managers
South Korea’s largest travel platform Yanolja has mandated Mirae Asset Daewoo Co. and Samsung Securities Co. to handle its initial public offe...
Nov 20, 2020 (Gmt+09:00)
-
IPOs
Chicken stock Kyochon debuts at upper limit, allays IPO concerns
South Korea’s No. 1 fried chicken franchise operator Kyochon F&B debuted on the main bourse with its shares rising to the upper daily limit,...
Nov 12, 2020 (Gmt+09:00)
-
Public finance
S. Korea's fiscal deficit tops $90 bn; public debt hits record high
South Korea's fiscal deficit in September has pushed the annual shortfall to over 100 trillion won ($89.6 billion) with public debt reaching an all-ti...
Nov 10, 2020 (Gmt+09:00)
-
Multiplex chains
Korean cinema chain foregoes IPO plans due to COVID-19
Megabox JoongAng Co., the third-largest cinema chain in South Korea, will forego plans to go public owing to the global coronavirus crisis that has de...
Nov 06, 2020 (Gmt+09:00)
-
IPOs
Lotte Rental shelves share sale plan as IPO market cools
Lotte Group has indefinitely postponed its plan to list Lotte Rental Co., in the latest sign of a cooldown in the local initial public offering market...
Oct 28, 2020 (Gmt+09:00)
-
Pre-IPOs
IMM, four other local PEFs shortlisted for CJ Olive Young pre-IPO
IMM Private Equity and four other South Korean private equity firms have been shortlisted for health and beauty franchise CJ Olive Young’s pre-i...
Oct 28, 2020 (Gmt+09:00)
-
IPOs
Korean fried chicken brand eyes global expansion post-IPO
Kyochon F&B, South Korea’s No.1 fried chicken franchise operator, will increase its number of overseas outlets by more than tenfold by 2025 ...
Oct 22, 2020 (Gmt+09:00)
-
Partnerships
LG Display and Disney partner to offer new viewing experiences
South Korea’s LG Display Co. and US-based StudioLAB have entered a three-year partnership that will combine the local display maker's innovative...
Oct 22, 2020 (Gmt+09:00)
-
IPOs
Hydrogen tank supplier to Hyundai prepares for 2021 IPO
Iljin Composites Corp., the only South Korean manufacturer of composite fuel tanks, is set to mandate Mirae Asset Daewoo Co. and Samsung Securities Co...
Oct 22, 2020 (Gmt+09:00)
-
Star choreographer inspires in four-minute offerings
She's the choreographer of One Million Dance Studio with more than 20 million YouTube subscribers, choreographer of K-pop stars such as Hyo-ri Lee, Gi...
Oct 21, 2020 (Gmt+09:00)
-
IPOs
Firms vie to become Krafton's $883 mn IPO manager
A competitive lineup of securities firms gathered at game developer Krafton Inc.'s office building in Pangyo, Gyeonggi province on Oct. 21 to pitch fo...
Oct 21, 2020 (Gmt+09:00)
-
Chinese startups
SK, KTCU see gains from Chinese startup’s Nasdaq IPO
SK Group and the Korean Teachers’ Credit Union (KTCU) may walk away with handsome gains from their joint investment of 360 billion won ($314 mil...
Oct 16, 2020 (Gmt+09:00)
-
IPOs
Korean IPOs lose steam as Big Hit shares plummet
Big Hit Entertainment Co., the South Korean entertainment agency behind global sensation BTS, saw its shares drop by as much as 22% on Oct.16, the sec...
Oct 16, 2020 (Gmt+09:00)
-
Pre-IPOs
Korea's beauty chain pre-IPO attracts PEFs
South Korea's largest health and beauty franchise CJ Olive Young has received preliminary bids from around seven participants including global and dom...
Oct 15, 2020 (Gmt+09:00)
-
IPOs
BTS members eye $21 mn windfall each from agency’s IPO
The seven members of the global boy band BTS may see their shares in Bit Hit Entertainment Co. rocket to as high as 24 billion won ($21 million) each ...
Oct 07, 2020 (Gmt+09:00)
-
IPOs
Big Hit scores second-highest IPO subscription ever at $50.4 bn
Big Hit Entertainment Co., the label behind global boy band sensation BTS, pulled in 58.4 trillion won ($50.4 billion) with shares oversubscribed by 6...
Oct 06, 2020 (Gmt+09:00)
-
IPOs
Korea’s biggest fried chicken brand aims to raise up to $61 mn in Nov. IPO
Kyochon F&B, South Korea’s No. 1 fried chicken franchise operator, plans to raise up to 71.3 billion won ($61 million) in an initial public ...
Oct 05, 2020 (Gmt+09:00)
-
IPOs
Hyosung to accelerate asset sales, IPOs to spur growth in hydrogen, data businesses
Hyosung Group, a South Korean textile and chemicals conglomerate, is accelerating efforts to sell assets and list major subsidiaries on the local bour...
Oct 05, 2020 (Gmt+09:00)
-
Top Korean travel platform Yanolja to join startups lining up for IPOs
South Korea’s largest travel platform Yanolja is planning to list on the domestic stock market in 2022, paving the way for Singapore’s GIC...
Sep 29, 2020 (Gmt+09:00)
-
IPOs
Kakao Pay set to be Korea's first mobile-payment fintech to go public
Kakao Pay Corp. is set to become South Korea’s first mobile-payment fintech company to go public as the company kicks off preparations for an in...
Sep 28, 2020 (Gmt+09:00)
-
BTS label Big Hit prices IPO at top end of range at $115
Big Hit Entertainment Co. has priced its public share offering at the top end of its proposed range at 135,000 won ($115), with bids outnumbering offe...
Sep 28, 2020 (Gmt+09:00)
-
Korean regulator mulls flat-rate underwriting fees to cool IPO hype
South Korean financial regulators are considering introducing flat-rate underwriting fees for initial public offerings, in a move seen aimed at coolin...
Sep 25, 2020 (Gmt+09:00)
-
Startups
Korean unicorn Krafton eyes 2021 IPO to raise over $850 mn
South Korean games developer Krafton Inc., 13.2% owned by Tencent Holdings’ investment arm, is seeking to raise over 1 trillion won ($852 millio...
Sep 24, 2020 (Gmt+09:00)
-
IPOs
Korea’s mobile banking app KakaoBank to push for 2021 IPO
KakaoBank Corp., the mobile banking arm of South Korea’s online messaging app operator Kakao Corp., is planning an initial public offering next ...
Sep 23, 2020 (Gmt+09:00)
language -
Batteries
Tesla unveiling offers opportunity for Korean EV battery makers; shares down
Tesla Inc.’s announcement that it will adopt a new battery technology to significantly improve an electric vehicle’s range and power shoul...
Sep 23, 2020 (Gmt+09:00)
language -
Investment banking
Global IBs scurry to win IPO mandates for LG Chem’s battery business spin-off
Global investment banks are scrambling to win IPO mandates for LG Chem Ltd.’s battery business, which the South Korean company plans to hiv...
Sep 22, 2020 (Gmt+09:00)
-
Pre-IPO
SK Innovation’s battery arm secures $258 mn in pre-IPO placement
SK Innovation Co.’s wholly owned subsidiary SK IE Technology Co. (SK IET) is set to fetch 300 billion won ($257.6 million) in a pre-IPO placemen...
Sep 22, 2020 (Gmt+09:00)
-
IPO
BTS label Big Hit’s caginess upsets investors ahead of IPO bookbuilding
Big Hit Entertainment Co., home to the seven-member boy band BTS, is set to hold its first official IPO-related conference for South Korean institutio...
Sep 21, 2020 (Gmt+09:00)
language -
Batteries
LG Chem says dual listing of battery subsidiary possible, rules out pre-IPO
South Korea’s LG Chem Ltd. may list its soon-to-be-launched battery subsidiary not just on the local bourse but also on overseas exchanges to ra...
Sep 18, 2020 (Gmt+09:00)
-
Batteries
LG Chem to launch battery affiliate Dec. 1; IPO under review
LG Chem Ltd., South Korea’s leading chemicals maker, has endorsed a company plan to spin off its battery business as a standalone entity to stre...
Sep 17, 2020 (Gmt+09:00)
Latest News
- 1 Lotte Chemical, HD Hyundai seek big deal via merger of naphtha cracking facilities
- 2 South Korea accelerates stablecoin framework amid global race
- 3 Lee vows policy overhaul to spur dividend payouts
- 4 IFEZ to apply for designation of southern Gangwha as free economic zone
- 5 Jollibee to buy chicken chain Norang Tongdak amid global K-food frenzy