Dong Yang Piston Co., Ltd. has completed an IPO in the amount of KRW 18.81 billion.
December 08, 2017 at 10:30 am IST
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Dong Yang Piston Co., Ltd. has completed an IPO in the amount of KRW 18.81 billion.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 3,300,000
PriceRange: KRW 5700
Discount Per Security: KRW 142.5
Transaction Features: ESOP Related Offering
Dongyang Piston Co.,Ltd is a Korea-based company principally engaged in the manufacture and distribution of engine pistons for internal combustion engines. The engine piston is a part that transmits power to the crankshaft through the connecting rod at high-temperature and high-pressure combustion energy generated by ignition of the mixer (air and fuel) in the engine cylinder. It provides engine pistons for passenger vehicles, commercial vehicles, industrial vehicles, military vehicles, marines, motorcycles and agricultural machineries. The Company distributes its products within domestic market and to overseas markets.