Kakao Games Records Highest Ever Subscription with Final Competition Rate of 1525 to 1

[Asia Economy Reporter Dongwoo Lee] The subscription for general investors in Kakao Games' initial public offering (IPO) has surpassed a competition rate of 1500 to 1.

The subscription deposit amount is approaching 60 trillion won, setting a record for the largest subscription deposit ever.

According to the financial investment industry on the 2nd, the combined competition rate for Kakao Games' general subscription received by the three underwriters on the 1st and 2nd closed at 1524.85 to 1.

The subscription deposit amount is 58.5543 trillion won.

This is nearly double the largest deposit record set by SK Biopharm in June, which was 30.9899 trillion won.