Other Stories

Kakao Games logs record-breaking IPO subscription rate Updated: 2020-09-02 15:31:39 KST

The South Korean company Kakao Games has set a new record ahead of its upcoming IPO.
On Wednesday, at the end of the two-day public subscription session, Kakao Games was reportedly oversubscribed among retail investors by a multiple of 1,5-hundred the most of any IPO to date.
That's more than four times the previous record set earlier this year by SK Biopharmaceuticals.
Subscription deposits for shares in Kakao Games were estimated at nearly 49 billion U.S. dollars.
The company will sell a total of 16 million shares when it debuts on the KOSDAQ a week from now on September 10th.
20 percent of those shares are allocated for individual investors.
KOGL : Korea Open Government License
본 저작물 중 본문에 해당하는 뉴스 스크립트(텍스트)는 공공누리 제1유형-출처표시 조건에 따라 이용할 수 있습니다.
weather