Most Popular
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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Army takes group action against Hybe for neglecting BTS
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Debate rages over ‘overly fatty’ samgyeopsal
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Some junior doctors are returning: Health Ministry
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Ador CEO's request for exclusive right to terminate NewJeans' contract with Hybe refused in February
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Naver will consider company benefits in deciding on selling Line shares: CEO
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Woman dangling from power lines rescued by residents holding blanket
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Hankook Tire takes over control of Hanon Systems
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Shares of Netmarble Games Corp, South Korea's largest mobile games maker, will begin on the Korea Exchange later this week, the bourse operator said Wednesday.
The value of the initial public offering is expected to stand at about $2.4 billion when Netmarble stocks are listed on the main bourse on Friday.
Netmarble sold 20 percent of the company's outstanding stock.
Analysts said the price of the stock could be at the top of an indicative range, or 157,000 won ($138) apiece, given bright prospects for the mobile game industry.
Last year, Netmarble reported a net profit of 209.2 billion won on sales of 1.9 trillion won. (Yonhap)
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