SK INNOVATION’S SUBSIDIARY SKIET RECEIVED $73.1 BILLION AS IPO

Highlights –

• SK Innovation’s subsidiary SKIET received $73.1 billion as IPO.
• SKIET has set the IPO price at US$94.60 per share.
• SKIET supplies battery separators to major EV makers, including Tesla and Volkswagen.
• It will use the proceeds from the IPO to expand production.

SK Innovation Co.’s battery materials subsidiary SK IE Technology Co.....