The Korea Herald

KD Pharm confirms W3b repurchase

Jul 28, 2016

[DISCLOSURE] KDPharm (011040) announced on July 28 that it will repurchase 150,000 common stocks worth 2.88 billion won (US$2.55 million). The stocks will be traded on Kosdaq by Oct. 27. The repur...
Kyungbang to split stocks, dropping to W500 per share

Jul 28, 2016

[DISCLOSURE] Kyungbang (000050) announced its stock spilt on July 27, lowering the face value of its common stock from 5,000 won (US$4.44) to 500 won. Its initial public offering is scheduled on Oc...
AhnLab’s Q2 operating profit surges 34%

Jul 28, 2016

[DISCLOSURE] AhnLab (053800) announced on July 28 that its operating earnings surged 34 percent to 2.45 billion won (US$2.18 million) on-year, while its sales rose 7 percent on-year, reaching 33.47...
Hansol injects W7b into Hansol SeenTec

Jul 27, 2016

[DISCLOSURE] Hansol SeenTec (099660) announced on July 27 that its parent company Hansol Holdings (004150) will invest 7 billion won (US$6.16 million) to buy newly issued stocks for a capital inc...
KD Pharm to repurchase W3b worth of company stocks

Jul 27, 2016

[DISCLOSURE] KD Pharm (011040) announced on July 27 that it will repurchase 150,000 of its own shares, worth 2.88 billion won (US$2.53 million), to stabilize its stock price and increase value for ...
Finance ministers of Korea, Japan to meet in Aug.

Jul 27, 2016

[ THE INVESTOR ] The finance ministers of South Korea and Japan will meet next month to discuss various economic and financial issues over the two neighboring countries, the Finance Ministry here s...
Korea’s imports of Norwegian mackerel spike

Jul 27, 2016

[ THE INVESTOR ] South Korea’s imports of Norwegian mackerel rose 73 percent in the first six months of this year from a year earlier, data showed July 27. South Korea imported 10,751 tons of mack...
Heungkuk’s Q2 operating profit surges 232%

Jul 27, 2016

[DISCLOSURE] Heungkuk Fire & Marine Insurance (000540) announced on July 27 that its operating profit surged 232 percent to 11.10 billion won (US$9.84 million). Sales increased to 849.41 billion w...
Mando posts W62b Q2 operating profit

Jul 27, 2016

[DISCLOSURE] South Korean auto parts maker Mando (204320) announced on July 27 that it posted second-quarter operating profit of 65.25 billion won (US$57.45 million), a 0.6 percent slip from the sa...
Piolink gets patent for new technology

Jul 27, 2016

[DISCLOSURE] Piolink (170790) has obtained a patent for a technology to accelerate the process of secure sockets layer, a standard security technology for establishing an encrypted link between a s...
Fiscal policy key to aid growth: BOK Gov.

Jul 27, 2016

[ THE INVESTOR ] Bank of Korea Gov. Lee Ju-yeol on July 27 stressed the importance of a fiscal and restructuring policy over monetary policy to tackle the country’s low growth. In a meeting with l...
Korea Finance Minister vows full support for corporate revamp

Jul 27, 2016

[ THE INVESTOR ] Finance Minister Yoo Il-ho said on July 27 that the government support industries that are undergoing tough restructuring and workers affected to minimize adverse impacts. The gov...
Chips & Media turns to black in Q2

Jul 27, 2016

[DISCLOSURE] Chips & Media (094360) turned to black in the second quarter with operating profit of 149 million won (US$131,450), it announced on July 27. Its sales rose 44.3 percent to 2.76 billio...
Innocean’s Q2 operating profit rises 34%

Jul 27, 2016

[DISCLOSURE] Innocean Worldwide (214320), the marketing arm of Hyundai Motor Company announced on July 27 that its second-quarter operating profit rose 34 percent on-year to 26.5 billion won (US$23...
Ahngook Pharm signs W18b contract with Chinese firm

Jul 27, 2016

[DISCLOSURE] Ahngook Pharm (001540) announced on July 27 that it will supply an erectile dysfunction pill to First Dragon International Development. The supply contract is worth 17.89 billion won ...