Mobile payment service provider Kakao Pay is likely to face difficulties in pursuing its initial public offering (IPO) next month as planned.
The two-day public subscription period for Hyundai Heavy Industries' (HHI) initial public offering (IPO) began Tuesday with the company attracting over 5.5 trillion won in deposits on the first day.
KakaoBank slipped for a third day on Monday with some institutional investors offloading shares as the agreed lockup period ends.
Kakao Pay has lowered the upper ceiling for its public offering price band by 6.3 percent to 90,000 won ($73).
LG Energy Solution may delay its planned initial public offering (IPO) as a massive number of electric Chevys are recalled due to a possible defect in batteries made by the Korean company.
SK Group's first real estate investment trust (REIT) said Wednesday it plans quarterly dividend payouts in the mid-5 percent range if it completes its listing next month on schedule.
KakaoBank's net profit in the second quarter rose 158.7 percent on year to 69.3 billion won ($59 million), the company said Tuesday.
Kakao may be on its way to becoming the third-largest enterprise in Korea as it lists more subsidiaries. According to the Korea Exchange, the market cap of Kakao and its subsidiaries, such as KakaoBank and Kakao Games, totaled ...
SSG.com, Emart’s online shopping platform, said Friday it has started preparing for an initial public offering (IPO).
Hyundai Heavy Industries applied for an initial public offering (IPO) to raise up to 1.08 trillion won ($934 million).