You can play solo or form a squad with friends. — Photos: Krafton
SEOUL: Krafton Inc., the company behind hit mobile game PlayerUnknown’s Battlegrounds, filed to raise as much as 5.6 trillion won ($5 billion or RM20.60bil)) in a South Korean initial public offering that’s likely to be the country’s largest ever.
The gaming company will sell more than 10 million shares at 458, 000 won to 557, 000 won apiece, Pangyo-based Krafton said in a filing Wednesday.
The top of the range exceeded general market expectations and would grant Krafton a market capitalization of 28 trillion won, based on the number of common shares. Krafton plans to finalize the price July 9 and list on July 22.
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