[SUPER RICH] TonyMoly chairman, rising superrich candidate with IPO plan
Jun 9, 2015
2015 will be a milestone year for budget cosmetics-maker TonyMoly chairman Bae Hae-dong. The company, ranked fourth in the segment last year, is finally going public in July. A meeting with investors was held in Shanghai on Monday. “Major Chinese investors reside in Shanghai and we thought this was the right time to explain the company’s vision and prospects,” a Daewoo Securities official who leads TonyMoly’s stock-listing plan was quoted as saying to a local newspaper. If all goes to plan, the