Industry
Dukyang Energen sets IPO price at top of range at 10,000 won
Dukyang Energen said it has fixed its initial public offering price at 10,000 won, the top of its 8,500 to 10,000 won range, ahead of a KOSDAQ listing. Bookbuilding on Jan. 12 to 16 drew 2,324 domestic and overseas institutions, with a 650.14-to-1 competition rate, and all bidders offered at or above the top price. The implied market value is 248.1 billion won.