Korean government pre-markets last KT&G divestment

A sense of deja vu for the Asian equity markets as the Korean government begins to market a GDR sale almost a year since its last international offering.
September 16, 2002

Lead managers Goldman Sachs and UBS Warburg will undoubtedly be hoping for the same response as 2001 when investors purchased KT&G as a defensive yield play in uncertain and volatile markets following the September 11 attacks.

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