S.Korea Hyundai Oilbank Says Plans IPO Next May or June

Oil and Gas Investing

Reuters Africa reports South Korean crude oil refiner Hyundai Oilbank announced it was preparing to go public in May or June next year.

Reuters Africa reports South Korean crude oil refiner Hyundai Oilbank announced it was preparing to go public in May or June next year.

The market news is quoted as saying:

The world’s largest shipbuilder Hyundai Heavy Industries owns a 91.1 percent stake in Hyundai Oilbank.

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