Reported 7 months ago
Uni-President Securities retaliates against accusations from KKCompany regarding the failed IPO, stating that the pricing and purchase operations were conducted in accordance with relevant laws and internal control procedures. KKCompany blamed Uni-President Securities for negligence and incompetence, but Uni-President Securities clarified that KKCompany's qualified purchase order did not meet the required underwriting total, thus hindering the process. The communication breakdown between the two parties led to the unsuccessful listing of KKCompany.
Source: YAHOO