South Korea’s container carrier SM Line Corp. has pushed back its IPO schedule on the Kosdaq after meeting with lukewarm institutional demand during the book-building amid bearish market. The shipper and its lead IPO underwriter NH Investment & Securities decided to put off the offering in consideration of latest unfavorable market conditions, SM Line said …
The post SM Line pushes back IPO scheme on tepid institutional demand first appeared on Hellenic Shipping News Worldwide.
