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Seoul Guarantee Insurance (SGI) is scheduled to launch deal roadshows in Hong Kong and Singapore for foreign and Korean investors from Sept. 19 after submitting a prospectus earlier this week for its upcoming IPO.
Expectation for end of interest hikes and IPO market reform to boost slowed listing activities The initial public offering pipeline for the second half of the year appears to be strong, with high-profile companies, including a fabless chip startup and a battery material maker, pushing for their listings on the Korean stock market to raise equity capital amid relaxed IPO rules. The IPO market here remained sluggish i.
Seoul Guarantee Insurance (SGI) has officially entered a listing process and is expected to become the first state-run company to debut on the main benchmark KOSPI since 2010.