Is whether [South Korea gimmingyeong financial newspaper reporter] ING Life Korea's Kospi traded in a decision 10 days. ING Life 9 days last month submitted a listing application to the Stock Exchange preliminary examination is expected to finish preliminary examination within 20 working days from the date listed apply to take the fast track.
If the Commission decides whether or not traded publicly traded MBK Partners, which owns 100% of the shares of ING Life is to submit a complaint to the Financial Services Commission and Securities launched a full-scale public offering process. In the six weeks usually it takes up to four weeks after the offer. As a result, the industry is expected to take a month of time between the two until the final listing of the ING life.
ING Life Insurance is planning to sales, only half of the nine weeks 100% without issuing new shares upon listing. Accordingly, MBK Partners after the IPO may remain as the largest shareholder of ING Life Insurance.
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