HD Hyundai Marine Solution, South Korea's largest shipping conglomerate's ship-repair unit, had a successful IPO raising 742.26 billion South Korean won (US$538 million)

HD Hyundai Marine Solution, South Korea's largest shipping conglomerate's ship-repair unit, had a successful IPO, marking the country's largest since January 2022. The IPO raised 742.26 billion South Korean won (US$538 million) and valued the company at around 3.71 trillion won at the offering price. On its trading debut, shares jumped nearly 50%, signaling strong demand for the offering.

May 08, 2024
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