The Korea Herald

Hyundai Paint to issue shares worth W6m for capital increase

Jul 26, 2016

[DISCLOSURE] Hyundai Paint (011720) has decided to issue around 7.33 million common shares for a capital increase worth 6 billion won (US$5.10 million), it announced on July 25. The newly issued s...
YG-1 drops conversion price to W10,243

Jul 25, 2016

[DISCLOSURE] YG-1 (019210), a leading local cutting tool provider announced on July 25 that the conversion price for its convertible preferred shares will be dropped from 10,250 won to 10,243 won a...
Foreigners net-buy W3tr stocks in July

Jul 25, 2016

[ THE INVESTOR ] Foreign traders have favored South Korean tech shares recently over auto stocks, , data showed on July 25. Foreigners scooped up a net 2.96 trillion won (US$2.60 billion) worth of...
Leaders Cosmetics obtains patent for V-lifting mask pack

Jul 25, 2016

[DISCLOSURE] Leaders Cosmetics (016100) has obtained a patent for its V-lifting mask pack with a special feature of crossing the lines to be attached on the jawline, giving it superior adhesive str...
KC Feed’s stocks oversubscribed

Jul 25, 2016

[DISCLOSURE] KC Feed (025880), a leading local feed producer, announced on July 25 that its 3.93 million stocks offered to existing shareholders and employees have reached 105.71 percent subscripti...
Number of Koreans aged 100 and older topped 3,000 in 2015: data

Jul 25, 2016

[ THE INVESTOR ] The number of South Koreans aged 100 and older soared to top 3,000 in 2015 as the country heads to an aged society, government data showed on July 25. A total of 3,159 centenarian...
Kyungin Synthetics sells 80,000 shares

Jul 25, 2016

[DISCLOSURE] Kyungin Synthetics (012610) announced on July 25 that it will sell off its 80,000 common shares worth 337.6 million (US$296,800), following the exercise of a stock option.
Korea’s terms of trade improve in June

Jul 25, 2016

[ THE INVESTOR ] Korea’s terms of trade improved in June from a year earlier due to bigger declines in import prices compared to drops in export prices, central bank data showed on July 25. The te...
IE raises W92.8b capital for business expansion

Jul 25, 2016

[DISCLOSURE] IE (023430) is riding high, trading at 1,005 won, up 18.37 percent, propelled by its recent capital increase worth 92.8 billion won (US$81.63 million). It announced on July 25 that it ...
Hyundai Heavy wins NZ naval tanker deal

Jul 25, 2016

[ THE INVESTOR ] Hyundai Heavy Industries said on July 25 that it has signed a deal to build a naval tanker for New Zealand. The new tanker will replace a 30-year-old ship tasked with providing ...
Residential permits jump 9% in June

Jul 25, 2016

[ THE INVESTOR ] Construction permits issued for new residential buildings surged 9.3 percent from a year earlier in June, government data showed on July 25. The number of new home permits issued ...
Korea’s stock market cap rank rises

Jul 25, 2016

[ THE INVESTOR ]The Korean stock market capitalization has grown 2.3 percent this year to rank as the world’s 14th despite the internal and external challenges, data showed on July 25. The combine...
Sun Technologies’ largest shareholder offers stocks as collateral

Jul 25, 2016

[DISCLOSURE] Sun Technologies (122800) announced on July 25 that its largest shareholder Doona (11.58 percent) has made an agreement with Sejong Mutual Savings Bank and Gongpyung Savings Bank to pu...
LS and 10 companies appeal against court order

Jul 25, 2016

[DISCLOSURE] LS (006260), Gaoncable (000500), Daewon Cable (006340), Taihan Electric Wire (001440) and Iljin Holdings (015860) announced on July 25 that they have appealed a local court order. The...
Halla’s Q2 operating profit leaps 1,910%

Jul 25, 2016

[DISCLOSURE] Halla (014790) announced on July 25 that its sales recorded 450.54 billion won (US$396.3 million), up 4.67 percent on- year with its operating profits reaching 24.37 billion won, posti...