Jin Air says plans to list on S.Korean main bourse by year-end

Mirae Asset Securities

25/04/2017 24:52

SEOUL, April 25 (Reuters) - Jin Air, a South Korean budget 
airline, said on Tuesday it has picked Mirae Asset Daewoo 
 006800.KS  to manage its initial public offering (IPO) and aims 
to complete the process by the end of the year. 
    The budget affiliate of South Korea's top carrier Korean Air 
Lines Co Ltd  003490.KS  said in a statement that it will use 
the planned listing on South Korea's main bourse to improve its 
financial health, fund investment for sustainable growth and 
other purposes. 
 
 (Reporting by Hyunjoo Jin; Editing by Richard Pullin) 
 ((hyunjoo.jin@thomsonreuters.com; 82-2-3704-5685; Reuters 
Messaging: hyunjoo.jin.thomsonreuters.com@reuters.net)) 
 
Keywords: JIN AIR IPO/