Korean regulator looks to jump-start IPO market with reforms

korea gate px230
By Jonathan Breen
08 Nov 2018

South Korea’s financial regulator is planning a series of capital market reforms to loosen its grip on the IPO process, giving a much-needed boost to small and medium-sized companies looking to raise equity. Jonathan Breen reports.

Korea’s IPO market has ground to a halt in the second half of 2018. Billion-dollar IPOs expected from names such as Hyundai Oilbank and Kakao Games have been pushed back to 2019, after an investigation into pre-IPO accounting fraud at Samsung Biologics led to stricter scrutiny of listing-hopefuls.

“After the Samsung ...

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