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South Korea's FSC to introduce IPO cornerstone investor lock-up from 13 Nov

NewsFeeds update

South Korea's Financial Services Commission will introduce a cornerstone investor system for IPOs, letting institutions that lock up shares for at least six months receive allocations earlier. The rules take effect on 13 Nov alongside amendments to the Capital Markets Act.

RegulationOdailyAINeutral

Read the original on Odaily

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