[THE INVESTOR] South Korean defense company LIG Nex1 announced on Aug. 23 it has received Maturity Level 5 from Capability Maturity Model Integration Institute, a US ratings agency. The agency is a wholly owned subsidiary of Carnegie Melon University that administers the model developed by the school’s Software Engineering Institute upon the request of the US Department of Defense. LIG Nex1 has received Level 5 ranking, the highest level in recognition of research and development capabilities, a

[DISCLOSURE] Samsung C&T (028260) announced on Aug. 22 that it will guarantee a 785.21 billion won (US$697.96 million) debt of its affiliate SW Development. This amounts to 7.7 percent of its equity capital. (theinvestor@heraldcorp.com)

[DISCLOSURE] DI (003160) announced on Aug. 22 that it will guarantee an 8.89 billion won (US$7.90 million) debt of its affiliate SW Development. This amounts to 7.7 percent of its equity capital. (theinvestor@heraldcorp.com)

[DISCLOSURE] JW Pharmaceutical (001060) announced on Aug. 22 that it will issue redeemable convertible preferred stock worth 111.9 billion won (US$99.47 million) and offer to its largest stakeholder JW Holdings and four others, to raise capital. JW Holdings will acquire stocks worth 68.9 billion won and increase its stake to 43.88 percent from 41.25 percent. (theinvestor@heraldcorp.com)

[THE INVESTOR] CHA Biotech announced Aug. 22 that its CB-AC-02, an Alzheimer’s disease treatment based on stem cells, will initiate phase 1 and phase 2A of clinical trials simultaneously.Made of placenta-derived mesenchymal stem cells, the intravenous injection will be tested for safety and efficacy. When commercialized, it can be cryopreserved and supplied off the shelf, decreasing cost compared to existing treatments cultured to order, according to the company. The drug candidate has been foun

[DISCLOSURE] Information security solution provider Secuve (131090) announced on Aug. 22 that it has obtained a patent related to an additional authentication administration system and method using an exclusive run-time module. (theinvestor@heraldcorp.com)

[THE INVESTOR] Samsung’s security solutions division S1 is making inroads in Mongolia, building a total security system at the capital’s new airport, it announced Aug. 22.The company won the order in 2013 and is establishing a system that includes CCTV, immigration control and X-ray scanners at the Ulaanbaatar airport slated to open in 2018. S1 is looking to expand into overseas markets, especially in China, and expects the Mongolian project to pave the way. Its Chinese affiliate posted 1.2 bill

[DISCLOSURE] Kwanghee Reit (140910) announced Aug. 22 that it has acquired private real estate investment trust securities worth 5 billion won (US$4.45 billion) from Koramco.This amounts to 8.4 percent of its equity capital. By Park Yuna (yunapark@heraldcorp.com)

[DISCLOSURE] Posco Daewoo (047050) announced on Aug. 19 that its profit in the first half of this year from the offshore gas fields A-1 and A-3 have decreased 25.8 percent from the previous half to 264.8 billion won (US$238.80 million). It also announced that it has reached 500 million cubic feet daily gas production target since December 2014. Its profit, however, decreased due to the drop in oil price, and usual low demand in gas in the second quarter, and spending in maintenance. By Hwang You