Doosan Skoda to list shares in Czech Republic next month

Doosan Skoda To List Shares In Czech Republic Next Month

Park Jung-won, left, Doosan Group chairman, inspects a steam turbine production site during his visit to Doosan Skoda Power in the Czech Republic, May 15, 2024. Courtesy of Doosan Group

Park Jung-won, left, Doosan Group chairman, inspects a steam turbine manufacturing web site throughout his go to to Doosan Skoda Energy within the Czech Republic, Could 15, 2024. Courtesy of Doosan Group

Czech-based turbine producer Doosan Skoda Energy will checklist its shares on the Prague inventory change subsequent month to boost funds for brand spanking new progress drivers, its guardian agency mentioned Monday.

Doosan Skoda plans to checklist 9.57 million to 10.52 million shares within the Prague inventory market Feb. 6 (native time) to boost 120 billion received ($84 million) to 160 billion received, its guardian Doosan Enerbility mentioned in a press launch.

The shares will probably be up on the market at 13,200 received to fifteen,600 received per share for buyers from the Czech Republic and Britain, it mentioned.

On Feb. 5, Doosan Skoda mentioned it is going to maintain a briefing on the deliberate preliminary public providing (IPO) for the buyers.

The proceeds from the IPO will probably be spent to improve manufacturing amenities and strengthen analysis and improvement actions on the two corporations, the discharge mentioned.

Doosan Enerbility is a plant gear producer beneath South Korea’s plant-to-robotics conglomerate Doosan Group. (Yonhap)

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