[THE INVESTOR] South Korea’s exports of clean, renewable energy products have sharply increased in the first seven months of the year, the Trade Ministry said on Sept. 5.Outbound shipments of solar panels and other related equipment came to US$2.01 billion in the January-July period, jumping 46.7 percent from the same period last year, according to the ministry.Exports of energy storage systems have also reached $163 million in the seven-month period, accounting for 87 percent of the total for t

Sept. 5, 2016

[DISCLOSURE] Cell Biotech (049960) said on Sept. 5 that it has acquired a patent for a composition that prevents and treats inflammatory bowel disease, based on four kinds of probiotics lactic acid bacteria that the company owns. By Park Yuna (yunapark@heraldcorp.com)

Sept. 5, 2016

[DISCLOSURE] KB Asset Management announced on Sept. 2 that it has sold a 5.21 percent stake in Hanjin KAL (180640) by selling 2,442,840 shares. The company’s stake decreased to 4.79 percent from 10 percent. By Park Yuna (yunapark@heraldcorp.com)

Sept. 2, 2016

[DISCLOSURE] Hanwha Asset Management announced on Sept. 2 that it has sold its 2.09 percent stake in MK Electron (033160) by selling 456,687 shares. The company’s entire stake in MK decreased to 4.79 percent from 6.99 percent. By Park Yuna (yunapark@heraldcorp.com)

Sept. 2, 2016

[DISCLOSURE] Finotech (150440) announced on Sept. 2 that it has decided to move its listing from KONEX to KOSDAQ and will file a request for screening by Korea Exchange this month. By Park Yuna (yunapark@heraldcorp.com)

Sept. 2, 2016

[THE INVESTOR] South Korea will inject more than 65 trillion won (US$58.10 billion) next year to revitalize the economy, the Trade Ministry said on Sept. 2.Out of the 400.7 trillion won budget for 2017, which was endorsed by the Cabinet earlier this week, the government set aside more than 16 percent of the total to revive the economy, boost exports and support small and medium enterprises.According to the ministry, some 600 billion won, up 42.5 percent from a year earlier, was earmarked for boo

Sept. 2, 2016

[THE INVESTOR] Samsung Electronics plans to use the US corporate brand Dacor, which was acquired by the South Korean firm last month, for its new lineup of luxury home appliances, a company executive said on Sept. 2. Samsung purchased the California-based company in early August, expanding its business portfolio into ultra-premium home appliances in the US market. Yoon Boo-keun, president of Samsung’s consumer electronics division, told reporters on the sidelines of the IFA tech fair in Germany

Sept. 2, 2016

[THE INVESTOR] The number of South Korean business groups’ affiliates subject to restrictions on mutual investments and loan guarantees fell in August from a month earlier, the Fair Trade Commission said on Sept. 2.The antitrust agency said the number of firms on its monthly watch list stood at 1,769 as of end-August, down 12 from the previous month.Such affiliates are owned by the country’s 65 largest business groups, including Samsung Group, Hyundai Motor Group and Kakao, the operator of South

Sept. 2, 2016

[THE INVESTOR] South Korea’s stock funds are facing a net outflow for more than three weeks, losing close to 2 trillion won (US$1.78 billion), data showed on Sept. 2.According to the Korea Financial Investment Association, domestic stock funds, excluding exchange-traded funds, recorded a net outflow of 90.7 billion won on Aug. 31 alone.It pushed up the amount of money leaving local equity stocks to 1.93 trillion won for 23 consecutive trading days from July 29 till Aug. 31.It marks the longest n

Sept. 2, 2016

[DISCLOSURE] Mezzion (140410) said on Sept. 1 that it has decided to issue bonds with warrants worth 15 billion won (US$13.43 million), and offer to Kiwoom (039490), Tiger Investment and Hanyang Securities (001750). The maturity interest rate is 1 percent, and the maturity date is Sept. 5, 2019. The period of exercising the rights is from Sept. 5, 2017, to Aug. 5, 2021. By Park Yuna (yunapark@heraldcorp.com)

Sept. 1, 2016

[DISCLOSURE] Hankuk Carbon (017960) announced on Sept. 1 that it has signed a 3.99 billion won (US$3.57 million) contract with Hyundai Heavy Industries (009540) to supply bulwark materials for LNG cargo containers. By Park Yuna (yunapark@heraldcorp.com)

Sept. 1, 2016

[THE INVESTOR] A pilot program connecting doctors with disabled patients through the use of information and communications technology kicked off on Sept. 1, the Health Ministry said.Under the program pushed forward by the ministry, doctors will see a total of 150 patients to provide treatment and fill out prescriptions through the internet.The program will involve the patients, including those in welfare and other facilities, and two hospitals, officials said. “Disabled people are the ones who n

Sept. 1, 2016

[DISCLOSURE] Boryung (003850) said on Sept. 1 that it has received permission from Ministry of Food And Drug Safety to sell Tubero, its new medicine for high blood pressure and dyslipidemia. By Park Yuna (yunapark@heraldcorp.com)

Sept. 1, 2016