Korea Business News Agency - NSP NEWS AGENCY.

(Seoul=NSP News Agency) jonghyuk Kim Journalist = Line cooperation, a subsidiary of Naver, goes public on NYSE and Tokyo Stocks at the same time. The board of Naver has determined to issue new stocks to go public, on 10th.

Line cooperation plans to make good use of capital through being listed this time, for strategic investment to grow on global markets including Japan, etc. The leader managers of going public are Nomura Ssecurities, Morgan Stanley, Goldman Sachs and JP Morgan.

Line cooperation is to offering 35 million stocks(13 million stocks for Japanese investors, 22 million stocks for overseas investors except Japan) for public by means of issuing new stocks.

The period of demand forecast is 28th Jun. ~ 8th Jul., the subscription the shares is 12,13th Jul., the listing date is 14th Jul. in New York, 15th in Tokyo.

NSP News Agency/NSP TV jonghyuk Kim Journalist, awake12@nspna.com
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