LG CNS Passes Preliminary Review for Listing on the KOSPI Market
The Korea Exchange announced on the 2nd that it has made a qualified decision after conducting a preliminary review for the new listing of LG CNS.
LG CNS, aiming to be listed on the KOSPI market in the first half of next year, is expected to submit a securities registration statement and begin the listing process.
Established in January 1987, LG CNS is engaged in IT consulting, computer system construction, and operation businesses. It has also ventured into new IT technology fields such as cloud computing and artificial intelligence (AI). The largest shareholder, LG, holds a 49.95% stake.
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Last year, it recorded sales of 5.1127 trillion KRW and an operating profit of 373.2 billion KRW.
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