The Korea Herald

Doosan E&C to sign W121b housing redevelopment project

Aug 31, 2016

[DISCLOSURE] Doosan Engineering & Construction (011160) announced on Aug. 31 that it will sign a contract for a housing redevelopment project in Uijeongbu, Gyeonggi Province. The contract is worth...
BUGS to acquire 70% of HOW entertainment at W11b

Aug 31, 2016

[DISCLOSURE] BUGS (104200) announced on Aug. 31 that it will acquire 18,781 shares of HOW entertainment for 11 billion won (US$9.82 million). The online music sharing website is planning to divers...
Naturalendo Tech issues W5b bonds for private offering

Aug 30, 2016

[DISCLOSURE] Naturalendo Tech (168330) said on Aug. 30 that it has issued convertible bonds worth 5 billion won (US$4.46 million) for private offering to finance its operations. The conversion star...
Shinhan SPAC No. 2 to merge with Dream Security

Aug 30, 2016

[DISCLOSURE] Shinhan Special Purpose Acquisition No. 2 (203650) announced on Aug. 30 that has acquired an unlisted software developer, Dream Security, and will merge at the ratio 1:9.32. The compa...
Sungbo Chemical to invest W31b in factory expansion

Aug 29, 2016

[DISCLOSURE] Sungbo Chemical (003080) announced on Aug. 29 that it plans to invest 31.03 billion won (US$27.56 million) for expansion of its second factory property, which has been relocated to Ans...
Korea to inject W40b to improve industrial design capability

Aug 29, 2016

[ THE INVESTOR ] South Korea will invest 40 billion won (US$35.50 million) by 2020 to improve the country’s industrial design capability, the Trade Ministry said on Aug.29. In a design promotion p...
DE&T signs supply contract worth W6b

Aug 29, 2016

[DISCLOSURE] DE&T (079810) announced on Aug. 29 that it has signed a 5.64 billion won (US$5.01 million) contract to provide automation facilities for automotive electronics components. This amounts...
AT Tech issues CB worth W5b

Aug 29, 2016

[DISCLOSURE] AT Technology (073570) announced on Aug. 29 that its largest shareholder has changed from Cha Jebong to Mercury IP Tech, which now holds 12.61 percent. The acquired stocks will be safe...
Sungjee Construction inks W6b construction deal

Aug 26, 2016

[DISCLOSURE] Sungjee Construction (005980) said on Aug. 26 that it has signed a 6.4 billion won (US$5.74 million) construction deal with NHF No. 1, a public leasing management and real estate inves...
Daedong Steel terminates trust contract for W500m repurchase

Aug 26, 2016

[DISCLOSURE] Daedong Steel (048470) announced on Aug. 26 that it has decided to terminate a trust contract with KB Kookmin Bank to acquire treasury stocks worth 500 million won (US$449,000) as the ...
President Park meets intellectual property chief

Aug 25, 2016

[ THE INVESTOR ] President Park Geun-hye met with a U.N. intellectual property agency chief on Aug. 25 for talks on cooperation between Korea and the agency, Cheong Wa Dae said. Francis Gurry, the...
T‘way Air top budget carrier on South Korea's consumer survey

Aug 25, 2016

[ THE INVESTOR ] T’way Air was named the best overall domestic budget carrier in a customer satisfaction survey, scoring high for its facilities and staff service, a consumer watchdog said Thursday...
Sweltering heat leaves milk, bottled water in short supply

Aug 25, 2016

[ THE INVESTOR ] An incredible heat wave has stretched through Korea’s summer, leaving some bottled water and milk producers struggling to meet rising consumer demand, industry officials said Thurs...
Fasoo obtains patent for watermark overlay

Aug 25, 2016

[DISCLOSURE] Fasoo.com (150900) announced Aug. 25 that it has obtained a patent for devices and methods to insert a digital watermark on a screen. By Yun Jeong-hyeon ( clareyun@heraldcorp.com )
Dayou Winia to pay W5b compensation

Aug 25, 2016

[DISCLOSURE] Dayou Winia (071460) announced Aug. 25 that the Daejeon High Court has ordered the company to pay Kang Jong-sik and 256 others wages of 5.27 billion won (US$4.7 million), which amounts...