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KSOE withdraws IPO of Hyundai Samho Heavy Industries amid sluggish stock market

Korea Shipbuilding & Offshore Engineering (KSOE) decided not to take Hyundai Samho Heavy Industries public due to a rise in economic uncertainties that has seen stock prices plummet, according to industry officials, Wednesday. According to DART, a repository of Korea corporate filings, KSOE will purchase 4,647,201 shares of Hyundai Samho Heavy Industries held by private equity fund IMM PE.
South Korea Cholla Namdo Hyundai Heavy Industries Hyundai Samho Heavy Industries Korea Exchange Hyundai Samho Heavy Industries Built

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