The leading company in the only sector where Asia has complete world dominance began pre-marketing its IPO this Monday via joint bookrunners LG Securities, Morgan Stanley and UBS. TFT-LCD producer LG Philips LCD is hoping to become the first company to secure a simultaneous listing on the Korean and New York stock exchanges.
LGP is not only widely acknowledged as one of Asia's premier companies, but is also a global giant thanks to the increasing use of flat panels in electronic goods such as telephones, computers and televisions. If market conditions are conducive, it may raise more than $1.8 billion, beating SMIC as the year's largest Asian IPO and...
