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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The South Korean giant’s India IPO is finally happening. Here are the top five things you should know before investing.
On 1 October, on the rooftop of Mumbai’s Trident Hotel, consumer durables giant LG Electronics India gathered journalists to announce what was billed as one of the star initial public offerings of the year. The setting was dramatic—panoramic views of the Arabian Sea, South Korean and Indian executives sharing the dais, and buzzwords like “Make in India” sprinkled every now and then.
There were some lighter moments too. One executive greeted the room with “Annyeonghaseyo”, which means hello in Korean. Later, a reporter forgot her own question mid-sentence. Another asked if the company planned to introduce products like robot vacuum …
Parent AceVector is headed for a public market debut next week. As much as 97% of its revenue comes from two businesses. One is already a listed entity, the other a missed opportunity.
The kingdom is moving to tighten the rules around public listings, algorithmic trading, trading in foreign securities and company disclosures—all in an effort to chase transparency.
As the smart fan maker gears up for an IPO, prospective investors could do with some clarity on what the company’s next phase of growth will look like.
