Kakao Games cancels 2018 Kosdaq listing

By Jonathan Breen
19 Sep 2018

Kakao Games, the gaming arm of South Korean internet conglomerate Kakao Corp, has pushed back its IPO until 2019 following a change in its priorities.

The company was planning to float on Korea’s second board the Kosdaq, setting the terms for the listing in May and receiving preliminary screening approval in June.

But the firm now intends to revisit its IPO plan only next year. Instead, it has decided to focus on ...

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