Newsletter

Competition for K-Ka subscription 8.72 to 1… Margin 366.8 billion won

(Seoul = Yonhap News) Reporter Aram Kim = K-Ka announced on the 1st that the average competition rate for general public offerings conducted over the past two days was counted as 8.72 to 1.

The margin was 366.8 billion won, and the number of subscriptions was 89,492.

After completing the subscription, K-Car will be listed on the stock market on the 13th. The offering price is 25,000 won.

Launched in October 2018, K-Car is the largest directly managed used car platform company in Korea.

rice@yna.co.kr