Doosan Bobcat schedules initial public offering

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Doosan Bobcat schedules initial public offering

The initial public offering of Doosan Bobcat is now scheduled for October 21, the Financial Supervisory Service said on Thursday.

The IPO of the construction equipment company is considered one of the biggest IPOs in the second half, which has attracted huge interest from investors.

Doosan Bobcat will be offering almost 49 millon shares, which will sell for 41,000 won to 50,000 won per share. The company is expected to earn 2.1 trillion won to 2.4 trillion won from the IPO.

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