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

Hyundai Mobis

28/01/2022 01:21

SEOUL, Jan 28 (Reuters) - South Korean builder Hyundai
Engineering Co Ltd said on Friday it has decided to postpone its
upcoming initial public offering (IPO).  urn:newsml:reuters.com:*:nL1N2SV0C9
    In a regulatory filing, it cited various reasons for the
postponement such as difficulty in receiving a proper evaluation
of the company's value.
    

 (Reporting by Joyce Lee and Heekyong Yang; Editing by
Jacqueline Wong)
 ((joyce.lee@tr.com;))