Mando to go public in Q2 next year

SEOUL, Dec. 7 (Yonhap) --Mando Corp., a South Korean auto parts manufacturer, said Monday that it will list its shares on the Korea Exchange in the second quarter of next year.

Mando is a key supplier of auto parts to Hyundai Motor Group's two units--Hyundai
Motor Co. and Kia Motors Corp.
Mando has selected Woori Investment Securities Co. and JP Morgan as co-lead
managers for its initial public offering, it said.
The country's Halla Group has a 35.6 percent stake in the auto parts maker, while
KCC Corp., a local chemicals producer, holds a 30 percent interest.
ksnam@yna.co.kr
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