The Korea Herald

Hyundai Paint’s largest shareholder changes to Tronic Holdings

Aug 25, 2016

[DISCLOSURE] Tronic Holdings has become the largest stakeholder in Hyundai Paint (011720) after its capital increase through third-party allocation, the company announced Aug. 24. Tronic Holdings ...
KT to sell China‘s Huawei smartphone

Aug 25, 2016

[ THE INVESTOR ] KT Corp announced on Aug. 24 its intent to begin selling smartphones made by China’s Huawei Technologies later this month. The move by South Korea’s second-largest mobile carrier ...
S. Korean-Chinese joint venture to build plant for cathode materials

Aug 25, 2016

[ THE INVESTOR ] South Korean battery materials leader Ecopro is to set up a joint venture with Chinese resources recycling company GEM to produce cathode materials for lithium-ion batteries in Poh...
S. Korean fertility up in 2015

Aug 25, 2016

[ THE INVESTOR ] South Korea’s birthrate marked gains for the second consecutive year in 2015, data showed Aug. 24, amid growing concern the low birthrate and rapid aging could undermine the growth...
S. Korea, China, Japan culture ministers to meet on Jejudo

Aug 25, 2016

[ THE INVESTOR ] South Korean Culture Minister Kim Jong-deok is to attend a culture ministers’ conference this weekend with his counterparts from China and Japan on the southern island of Jejudo th...
Financial status of insurers improves in Q2

Aug 25, 2016

[ THE INVESTOR ] Financial health of South Korean insurance firms improved in the second quarter thanks to increased net profits and higher bond prices they hold, data showed Aug. 24. Risk-based c...
Alphachips to issue CB worth W10b

Aug 24, 2016

[DISCLOSURE] Alphachips (117670) said on Aug. 24 that it has decided to issue convertible bonds worth 10 billion won (US$8.9 million million) for capital increase. The newly issued bonds will be off...
CQV terminates trust contract for W3b repurchase

Aug 24, 2016

[DISCLOSURE] CQV (101240) reported on Aug. 24 that it has terminated a trust agreement with Daishin Securities for a 3 billion won (US$ 2.67 million) repurchase. By Yun Jeong-hyeon ( clareyun@heral...
Danal to issue CB worth W38b

Aug 24, 2016

[DISCLOSURE] Danal (064260) announced Aug. 24 that it will issue convertible bonds worth 38 billion (US$33.88 million) to fund operations. The coupon rate and maturity interest rate both stand at 0 ...
LegoChem Bio receives approval for superbacterial antibiotic test

Aug 24, 2016

[DISCLOSURE] LegoChem Biosciences (141080) announced on Aug. 24 that it has obtained approval from the Ministry of Food and Drug Safety for a phase I clinical study of LCB01-0371, an injectable antib...
Nature Cell acquires patent for better stem cell preservation

Aug 24, 2016

[DISCLOSURE] Nature Cell (007390) announced Aug. 24 that it has acquired a stake of 25 percent of a patent for the composition that increases the storage safety of blood serum-containing stem cells...
Soulbrain to sell off entire W2.5b stake of subsidiary

Aug 23, 2016

[DISCLOSURE] Soulbrain (036830) announced Aug. 23 that it will sell its entire 2 million shares of subsidiary Soulbrain Memsys for 2.57 billion won (US$2.3 million), which amounts to 7.04 percent o...
Seoul court dismisses Speco’s W5b suit against Shihan E&C

Aug 23, 2016

[DISCLOSURE] Shinhan Engineering & Construction (005450) announced on Aug. 23 that the Seoul Central District Court has dismissed a suit that Speco (013810) filed against the company. Speco, a roa...
Green Cross chairman sells 30,000 shares

Aug 23, 2016

[DISCLOSURE] Green Cross (006280) announced Aug. 23 that Huh Il-sup, the chairman and chief executive, sold 30,000 shares this month and now owns a total 1.27 percent stake (148,173 shares) of the ...
Welcron Hantec receives W31b construction order from TJ Logistics

Aug 23, 2016

[DISCLOSURE] Welcron Hantec (076080) announced on Aug. 23 that it has received a 30.7 billion won (US$27.5 million) order to build TJ Logistics’ warehouse. This amounts to 22.76 percent of its las...

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