South Korea: Mando shares debut strongly after IPO

Mando Corporation has made a strong return to the Korea stock exchange, its 18.21 million shares ending the first day of trading at Won 111,500 (US$96.7), up 34% from its initial public offering (IPO) price of Won 83,000. Mando recently raised Won 498bn (US$430m) through the sale of 6 million shares in Subscribe to Automotive World to … Continued

• By Webmaster
• May 19, 2010