The Korea Exchange's KOSPI Market Division announced on the 8th that it has received the preliminary review application for the transfer listing of Paradise, a KOSDAQ-listed company, to the KOSPI market.
Founded in 1972, Paradise is a company engaged in casino and hotel businesses and was listed on the KOSDAQ market in November 2002. As of the end of December last year, Paradise Global and others hold a 45.86% stake. The company reported sales of 430 billion KRW and an operating profit of 69.8 billion KRW on a separate basis last year.
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