Doosan Robotics seeks listing


SEOUL: South Korea’s Doosan Robotics Co is seeking to list its shares within this year amid a boom in robotics-related stocks, Yonhap Infomax reports, citing investment banking sources it did not name.

Doosan Robotics, the country’s largest collaborative manufacturer that counts Doosan Co as its biggest shareholder, will likely get at least one trillion won (US$766mil or RM3.4bil) in valuation, the report said.

Company officials could not immediately be reached for comment outside of office hours. — Bloomberg

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