Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child

    Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
  2. 2

    Trump picks ex-N. Korea policy official as his principal deputy national security adviser

    Trump picks ex-N. Korea policy official as his principal deputy national security adviser
  3. 3

    First snow to fall in Seoul on Wednesday

    First snow to fall in Seoul on Wednesday
  4. 4

    Wealthy parents ditch Korean passports to get kids into international school

    Wealthy parents ditch Korean passports to get kids into international school
  5. 5

    S. Korea not to attend Sado mine memorial: foreign ministry

    S. Korea not to attend Sado mine memorial: foreign ministry
  1. 6

    Man convicted after binge eating to avoid military service

    Man convicted after binge eating to avoid military service
  2. 7

    Toxins at 622 times legal limit found in kids' clothes from Chinese platforms

    Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
  3. 8

    [Weekender] Korea's traditional sauce culture gains global recognition

    [Weekender] Korea's traditional sauce culture gains global recognition
  4. 9

    BLACKPINK's Rose stays at No. 3 on British Official Singles chart with 'APT.'

    BLACKPINK's Rose stays at No. 3 on British Official Singles chart with 'APT.'
  5. 10

    Korea to hold own memorial for forced labor victims, boycotting Japan’s

    Korea to hold own memorial for forced labor victims, boycotting Japan’s
지나쌤

Hyundai AutoEver shares to be listed on Kospi this week

By Ram Garikipati

Published : March 27, 2019 - 11:29

    • Link copied


Shares of Hyundai AutoEver will be traded on the country’s main stock market this week, the bourse operator said on March 27.

The ICT service provider of the world’s fifth-largest automotive conglomerate will go public on the Kospi on March 28 after the Korea Exchange gave the nod to its listing. 


The initial public offering price was set at 48,000 won ($42.3) per share, and the listing could generate around 1 trillion won in fresh capital, according to the KRX.

Hyundai AutoEver has vowed to expand investment in research and development to make a new platform-based service model for the future innovative growth of the whole group.

By Ram Garikipati and newswires (ram@heraldcorp.com)

More from Headlines