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Samsung Life Rises After Record Initial Share Sale (Update3)
Samsung Life Insurance Co. rose on its first day of trading in Seoul after raising $4.3 billion in South Korea’s biggest initial public offering.
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Samsung Life set to raise at least US$4b
SEOUL: South Korea’s Samsung Life Insurance will go public in May or June, a source said, marking the country’s largest IPO estimated to be least US$4 billion (US$1 = RM3.20) and one of several high-profile sector listings slated for 2010 in Asia.
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