SEONGNAM, South Korea -- The maintenance and repair unit of South Korean shipbuilding conglomerate HD Hyundai Group is aiming to raise as much as 742 billion won ($550 million) in what would be the biggest initial public offering on Seoul's main stock market in more than two years.
IPO
Hyundai Marine Solution targets South Korea's biggest IPO in 2 years
KKR-backed ship repair and maintenance company aims to raise up to $550 million
HD Hyundai Marine Solution offers shipping repair and maintenance services. Pictured is a simulation system for testing a vessel's ability to handle big waves, inclement weather and other problems the company aims to offer to customers in the future. (Photo by Kim Jaewon)
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