Most Popular
-
1
Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
-
2
Medical reform committee kicks off despite boycott from doctors
-
3
10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
-
4
DP leader says he will meet Yoon without conditions
-
5
Over 9,000 hotline calls made by stalking victims in 2023
-
6
Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
-
7
[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
![[Hello India] Hyundai Motor vows to boost 'clean mobility' in India](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/25/20240425050672_0.jpg&u=)
-
8
Second Gimpo civil servant found dead, after apologizing for not finishing work
-
9
Monthly users on local streaming platforms outpace Netflix, Disney+
-
10
US will take steps for three-way engagement on nuclear deterrence with S. Korea, Japan: Campbell
![[Hello India] Hyundai Motor vows to boost 'clean mobility' in India](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/25/20240425050672_0.jpg&u=)
Video game developer Krafton Inc. is slated to debut on the country's stock market this week, marking one of the largest initial public offering (IPO) events this year.
The developer behind the global hit "PlayerUnknown's Battlegrounds" (PUBG) will go public on the main bourse Tuesday, with its offering price set at 498,000 won ($433.99).
The firm is valued at 24.35 trillion won based on the offering price, set to become the No. 1 gaming stock here, dethroning the current top cap NCSOFT, whose value stood at 17.85 trillion won as of Friday closing.
Krafton's listing plan has received mixed forecasts from the market.
Its IPO has drawn lukewarm responses from retail investors, with their deposits for IPO subscriptions at just 5 trillion won ($4.35 billion).
Two brokerages -- Meritz Securities Co. and KTB Investment & Securities Co. -- offered target prices at 720,000 won and 580,000 won, respectively, for Krafton. (Yonhap)
The developer behind the global hit "PlayerUnknown's Battlegrounds" (PUBG) will go public on the main bourse Tuesday, with its offering price set at 498,000 won ($433.99).
The firm is valued at 24.35 trillion won based on the offering price, set to become the No. 1 gaming stock here, dethroning the current top cap NCSOFT, whose value stood at 17.85 trillion won as of Friday closing.
Krafton's listing plan has received mixed forecasts from the market.
Its IPO has drawn lukewarm responses from retail investors, with their deposits for IPO subscriptions at just 5 trillion won ($4.35 billion).
Two brokerages -- Meritz Securities Co. and KTB Investment & Securities Co. -- offered target prices at 720,000 won and 580,000 won, respectively, for Krafton. (Yonhap)
