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S.Korea's Hyundai Engineering says to postpone its planned IPO

S.Korea's Hyundai Engineering says to postpone its planned IPO
S.Korea's Hyundai Engineering says to postpone its planned IPO Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
Published on Updated
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SEOUL - South Korean builder Hyundai Engineering Co Ltd said on Friday it has decided to postpone its upcoming initial public offering (IPO).

In a regulatory filing, it cited various reasons for the postponement such as difficulty in receiving a proper evaluation of the company's value.

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