Dubon Korea Up 51% On First Day Of Listing...Jongwon Baek Becomes Stock Rich With 400 Billion Won

Jongwon Baek The Bone Korea CEO has become a stock asset worth 400 billion won with the listing of the stock market.

Dubon Korea, listed on the KOSPI today, closed at 51,400 won, up more than 51 percent from 34,000 won.

This brings Dubon Korea's market capitalization to 743.6 billion won.

The stock value of CEO Jongwon Baek, the largest shareholder with 60.78%, is over 450 billion won based on the closing price.

Dubon Korea, which sought to go public in 2018, postponed its listing once due to the spread of COVID-19.