benchmark KOSPI

South Korea's SKIET raises $2bn in country's hottest ever IPO
Markets

South Korea's SKIET raises $2bn in country's hottest ever IPO

  • SKIET's shares were priced at 105,000 won each which was the top of the range announced in a regulatory filing last month to raise about 2.2 trillion won ($1.98 billion).
  • The pricing values the battery material maker at 7.5 trillion won, which analysts said should be enough lift the company into the benchmark KOSPI 200 index.
Published 26 Apr, 2021 05:21pm