Netmarble breathes fire into Asia's IPO market

High expectations for the flotation of Netmarble Games Corp, backed by soaring sales for its new mobile game, Lineage 2: Revolution.

Netmarble Games Corp has begun pre-marketing one of Asia's most hotly anticipated initial public offerings of 2017 a  $1.8 billion to $2.4 billion deal, which is being pitched at a discount to most of its nearest comparables.

If the 16.95 million share transaction prices at the top of its indicative range, it will rank as the third largest IPO in Korean history after Samsung LIfe and Lotte Shopping

Its passage to market is also likely to stand in marked contrast to the procession of Chinese companies, which dominate the Asian league tables, but have turned Hong Kong into a dysfunctional IPO market thanks to...

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