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Woori Financial to list shares on main Seoul bourse this week

All Headlines 09:37 February 12, 2019

SEOUL, Feb. 12 (Yonhap) -- Shares of Woori Financial Group Inc. will start being traded on the country's main stock exchange this week, South Korea's bourse operator said Tuesday.

The initial public offering (IPO) slated for Wednesday came around a month after the financial entity attained a holding firm structure, according to the Korea Exchange (KRX).

Woori Bank will be delisted on the same day after transferring its shares to the group, it noted.

Trading of Woori Bank shares has been suspended since Jan. 9 for such a conversion process, with the price per share ending at 14,800 won (US$13.14).

Woori Financial to list shares on main Seoul bourse this week - 1

graceoh@yna.co.kr
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