Air Busan signs transfer agent contract with Korea Securities Depository ahead of IPO

    Air Busan announced plans to debut on the primary Kospi market during 2018, hoping to raise up to KRW600 billion (USD536 million) (Yonhap, 21-Aug-2018). Air Busan signed a transfer agent contract with Korea Securities Depository ahead of the IPO. The company will hold a temporary shareholders meeting on 27-Aug-2018 to gain approval for modification of its constitution before submitting a preliminary application for the IPO to Korea Exchange.