Lotte Logistics Pre-IPO - Sluggish Revenues, High Dependence on Group Affiliates
Lotte Global Logistics (LGG KS) aims to raise around US$140m in its Korea IPO via selling a mix of primary and secondary shares.
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End of Mandatory Lock-Up Periods for 56 Companies in Korea in November 2024
We discuss the end of the mandatory lock-up periods for 56 stocks in Korea in November 2024, among which six are in KOSPI and 50 are in KOSDAQ.
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Daemyung Energy Bookbuilding Results
Daemyung Energy announced its IPO book building results. The IPO price has been determined at 15,000 won, which is at the low end of the IPO price...
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Daemyung Energy: Lowers IPO Price Range by 40%
Daemyung Energy is trying again for an IPO in Korea, after about three months delay. It has lowered the IPO price range by nearly 40%.
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Daemyung Energy IPO Valuation Analysis
Our base case valuation of Daemyung Energy is implied market cap of 624 billion won or target price of 35,003 won per share, representing a 21%...
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