207k Bulk Carrier (Photo by Daehan Shipbuilding)
The Korea Exchange announced on the 4th that it has received Daehan Shipbuilding's preliminary review application for listing on the KOSPI market.
Established in September 1987, Daehan Shipbuilding is engaged in shipbuilding. Currently, 24 shareholders including KHI hold 66.9% of the shares.
Last year, the company recorded sales of 1.0746 trillion KRW and an operating profit of 158.1 billion KRW.
Based on the number of orders received, it ranks within the top 20 shipyards worldwide. As of the end of February, its order backlog stood at 2.17 billion USD (approximately 3.0393 trillion KRW), securing about three years' worth of work.
The joint lead managers are KB Securities and NH Investment & Securities.
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