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[HD Hyundai in Media] KKR-Backed Ship Repair Firm to Use IPO Proceeds to Boost Growth (Bloomberg)

2024.05.09

HD Hyundai Marine Solution Co. raised about $547 million in Korea’s biggest IPO since January 2022, and will use the proceeds to invest in shipyards in Southeast Asia, increase warehouse capacity and develop technologies for renovating vessels in greener ways, Chief Executive Officer Lee Ki-dong said.

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KKR-Backed Ship Repair Firm to Use IPO Proceeds to Boost Growth