S.Korea Doosan Bobcat shares debut above IPO price

Doosan Bobcat

18/11/2016 24:00

SEOUL, Nov 18 (Reuters) - Shares in construction equipment 
maker Doosan Bobcat Inc  241560.KS  rose 20 percent from the 
initial public offering price on debut in Seoul on Friday.  
    Doosan Bobcat opened at 36,000 won per share compared with 
the IPO pricing of 30,000 won, while the wider market  .KS11  
was up 0.1 percent as of 0001 GMT.  
    The listing, which was South Korea's second-largest this 
year, raised about $790 million after Doosan Bobcat slashed its 
original target.  urn:newsml:reuters.com:*:nL4N1D70JS 
 
 (Reporting by Joyce Lee; Editing by Stephen Coates) 
 ((jungyoon.lee@thomsonreuters.com; +82 2 3704 5609; Reuters 
Messaging: jungyoon.lee.thomsonreuters.com@reuters.net)) 
 
Keywords: DOOSAN BOBCAT IPO/