Korea’s IPO subscription rate jumps 2.7 times in 2 years amid stock market rally
...ruda with 3,990.6-to-1 and 3,039.6-to-1, respectively. By amount of proceeds raised through IPOs, game firm Netmarble stood at No. 1 with some 2.66 trillion won ($2.31 billion). It was trailed by Samsung Biologics and SK ie technology at 2.25 trillion won each, followed by Cheil Industries -- prior to its merger with Samsung C&T -- with 1.52 trillion won. SK Bioscience also raked in nearly 1.5 trillion won. Cheil Industries attracted the most subscription bids, worth 485.2 trillion won ahead of its main board listin...