The Korea Herald

Shinhan to announce US$350m CoCo bonds

Aug 8, 2016

[DISCLOSURE] Korea Exchange has directed Shinhan Group (055550) to make a public announcement by 6 p.m. on Aug. 8 regarding its issue of contingent convertible bonds worth US$350 million overseas.
Devsisters posts Q2 operating loss of W3b

Aug 5, 2016

[DISCLOSURE] Devsisters (194480) announced on Aug. 5 that its consolidated operating loss in the second quarter reached 3.07 billion won (US$2.77 million). Sales decreased 54.4 percent on-year to ...
Korean delegates in Iran to expand market

Aug 5, 2016

[ THE INVESTOR ] A group of South Korean delegates visited Iran on Aug. 4 to support local environmental enterprises in making inroads into the largely untapped market. The Ministry of Environment...
Samhwa Crown & Closure to hand out cash dividends worth W930m

Aug 5, 2016

[DISCLOSURE] Samhwa Crown & Closure (004450) said on Aug. 5 that it has decided on cash dividends of 500 won (US$0.45) per share, totaling 930 million won. The dividend rate is 1.14 percent. The d...
Sammok S-Form’s stocks oversubscribed

Aug 5, 2016

[DISCLOSURE] Sammok S-Form (018310) announced on Aug. 5 that it has issued 4.9 million shares and offered them to its shareholders for capital increase. The subscription rate reached 113.01 percent...
Huons wins Japanese patent related to nanotechnology for eye drops

Aug 5, 2016

[DISCLOSURE] Huons (243070) announced on Aug. 5 that it has obtained a Japanese patent for nanotechnology which solubilizes cyclosporine in eye drops, streamlining the production process. It has a...
DongA S-tech signs contract worth W14b with Riyadh Metro

Aug 5, 2016

[DISCLOSURE] DongA S-tech (058730) announced on Aug. 5 that it has signed a letter of intent with Fast Consortium to contract a land bridge of Riyadh Metro in Saudi Arabia. This 14.24 billion won ...
ED to acquire stocks worth W5b

Aug 5, 2016

[DISCLOSURE] ED (033110) said on Aug. 5 that it will acquire 1,848,429 shares worth 5 billion won (US$4.50 million) issued by its affiliate Hankook Technology (053590) for capital increase. This a...
AT Technology to issue CB worth W3b

Aug 4, 2016

[DISCLOSURE] AT Technology (073570) announced on Aug.4 that it will issue convertible bonds worth 3 billion won (US$2.69 million) and offer them to EverCvery to raise capital. The conversion price...
Economy still faces bumpy road: think tank

Aug 4, 2016

[ THE INVESTOR ] The South Korean economy is unlikely to gain momentum in the short-term as faltering exports and flaccid production offset a modest rise in domestic consumption, a state-run think ...
Korean president Park promotes telemedicine

Aug 4, 2016

[ THE INVESTOR ] President Park Geun-hye on Aug. 4 visited a provincial nursing home to promote a pilot telemedicine program, her office Cheong Wa Dae said. Her visit to the nursing home in Seosan...
Public sector’s net lending up 94% in 2015

Aug 4, 2016

[ THE INVESTOR ] The net lending of South Korea’s public sector jumped 94 percent on-year in 2015, the central bank said on Aug. 4. Net lending came to 33.8 trillion won (US$30 billion) in 2015, c...
Korea Customs Service uses QR code for exports

Aug 4, 2016

[ THE INVESTOR ] The Korea Customs Service said Aug. 4 it has started using QR codes for goods cleared for e-commerce exports in the latest move to enhance their credibility and prevent counterfeit...
LIS signs W4b supply deal with Chinese firm

Aug 4, 2016

[DISCLOSURE] LIS (138690) announced on Aug. 4 that it has signed a 3.75 billion won (US$3.36 million) contract with Wuhan Tianma Micro-electronics in China to supply laser cutting manufacturing equ...
Optopac’s employees exercise stock option

Aug 4, 2016

[DISCLOSURE] OptoPac (123010) announced on Aug. 4 that its 24 employees and Park Sang-tae exercised the stock option to sell 66,380 and 10,000 shares respectively, on July 15. The remaining 98,560...