RPT-S.Korea Hyundai Wia receives approval for IPO

Newswire

(Repeats to remove duplicate text) SEOUL, Dec 23 (Reuters) - Hyundai Wia Corp, an affiliate of Hyundai Motor Group, has received formal approval for its initial public offering, the Korea Exchange (KRX) said on Thursday. The maker of car and machinery parts is expected to list its 25.7 million shares on the Korean stock market, the KRX said in a statement. The offering will be held next February and the pricing has yet to be decided. Mirae Asset Securities and Shinhan Investment ...

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