Sejin Heavy Industries plans a backdoor listing of its subsidiary Ilseung, which it acquired for KRW10bn (book value of KRW9.7bn) in October 2017, via a merger with Mirae Asset Daewoo Special Purpose Acquisition Company 4. The listing eligibility review is now in process. The listing can be expected in1H21. Ilseung has an enterprise value of …
The post Sejin Heavy Industries: Subsidiary Value to Come in Focus first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/sejin-heavy-industries-subsidiary-value-to-come-in-focus/