Seoul - Yonhap
Cheil Industries Inc., the de facto holding firm of South Korea's top conglomerate Samsung Group, has filed for an initial public offering (IPO), the bourse operator said Friday.
Cheil Industries, formerly known as Samsung Everland Co., could be listed on the main bourse within this year at the earliest, according to the Korea Exchange. The company earlier had said it plans to go public by the first quarter of 2015.