The South Korea Financial Services Commission reported that cumulative sales of the second Public Participation Growth Fund reached about KRW 475.8 billion after nine business days, equivalent to 79.3% of the KRW 600 billion target. Approximately KRW 124.2 billion remained available on a first come, first served basis for the final sales day on Oct. 15. Sales on Oct. 14 totaled KRW 23.35 billion, comprising KRW 17.97 billion through securities firms and KRW 5.38 billion through banks. Sales are scheduled to end after the remaining allocation is offered on Oct. 15.
South Korea Financial Services Commission reports second Public Participation Growth Fund sales reach KRW 475.8 billion before final day
Second Public Participation Growth Fund sales reached about KRW 475.8 billion after nine business days, or 79.3% of the KRW 600 billion target. The remaining KRW 124.2 billion will be offered on a first come, first served basis before sales end on Oct. 15.