Samsung SDS throws open $1.1bn IPO to strong interest

Samsung SDS opened books for its W1.2tr ($1.1bn) IPO on October 20 in what is likely to become the biggest listing in South Korea since 2010. The macro environment presents numerous challenges, with the deal launching at a time when the Korea Stock Exchange Kospi Index has slipped by 3.1% since the start of the month. But if early signs are anything to go by, Samsung SDS is likely to escape unscathed by volatile markets.