Bloomberg : Korean data-center company Elice falls 30%+ in Kosdaq trading debut; sources: Australian data center operator AirTrunk delays real estate investment trust IPO — Data-center infrastructure company Elice Inc. plunged in its trading debut on South Korea's tech-heavy Kosdaq market after raising 201 billion won …
Korean data-center company Elice falls 30%+ in Kosdaq trading debut; sources: Australian data center operator AirTrunk delays real estate investment trust IPO (Bloomberg)
In short
Elice, a Korean data-center company, saw a 30% drop in its initial public offering (IPO) on the South Korean tech-heavy Kosdaq market, while Australian data center operator AirTrunk has postponed its real estate investment trust (REIT) IPO. The IPO raised 201 billion won, but the company's share price has since plummeted.
Key points
- Elice's share price has fallen significantly since its IPO.: Elice's share price has fallen significantly since its IPO.
- AirTrunk has postponed its real estate investment trust (REIT) IPO.: AirTrunk has postponed its real estate investment trust (REIT) IPO.
- The IPO of Elice raised 201 billion won, but the company's share price has since declined.: The IPO of Elice raised 201 billion won, but the company's share price has since declined.