SEOUL — The initial public offering of Kakao Games is likely to be the most successful market debut in South Korea’s history in terms of the number of applicants for its shares, according to market watchers on Monday. It is also up from 56.1 trillion won from end-July, the data showed.
Got a confidential news tip? Regarding a local media outlet report that workers at NH Investment & Securities, the IPO underwriter company taking charge of the IPO process, were also ordered to stand by, an official from the securities company said he cannot give any details about the plan's schedule. Passengers use smartphones inside a subway train in Seoul, South Korea, in 2015.
Coupled with "more confidence" in the video game sector and South Korea being one of the largest markets in the space, Choi said it was "reasonable" for Kakao Games to be "so hot at the moment.". Kakao Games via The Korea Herald/Asia News Network SEOUL — The initial public offering of Kakao Games is likely to be the most successful market debut in South Korea’s history in terms of the number of applicants for its shares, … Don't miss out on the latest news and information. Prior to its market debut, Kakao Games reportedly set a new record for the country's IPO subscription rate.
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