Myoung Shin Industrial plans Simwon America IPO, targets KRW 7 billion special dividend over three years
Myoung Shin Industrial set plans to pursue a listing of subsidiary Simwon America Corp., aiming to unlock value through a market-based valuation. Proceeds are expected to fund business expansion, supporting higher sales and NOPAT, with an increase in distributable profit anticipated. Net IPO cash inflow is projected to