bearish

LG CNS

LG CNS IPO: Limited Float Pushes Back Passive Buying

1.1k Views24 Dec 2024 05:00
LG CNS is looking to raise up to US$830m, valuing the company at US$4.15bn at the top end of the IPO range. Inclusion in the KOSPI200 and global indices could take place from June onwards.
What is covered in the Full Insight:
  • Introduction to LG CNS IPO
  • IPO Details and Share Allocations
  • Shareholding and Free Float Analysis
  • Index Inclusion Possibilities and Timelines
  • Conclusion and Outlook for LG CNS
Boomeranged on Fri, 17 Jan 2025 05:59
The subscription period runs from 21-22 January. Shares will reportedly be offered at KRW 61900, the top end of the IPO range. Demand was said to be over 100x the number of shares on offer.
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