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Golfwear brands vie for younger players’ attention

Jul 21, 2016

[THE INVESTOR] Golfwear makers are zooming in on the younger generation as they develop a growing interest in golf, industry data showed on July 21.MK Trend launched a younger-spirited LPGA gallery under a license from LPGA offering a more casual lineup not just for golf but also for leisure activities and lounging. “Golf has become more of a sport than luxury recently and the younger generation is increasingly enjoying the sport, which explains why golfwear has returned to replace outdoor cloth
FNC AD Culture to invest W6.2b in TV drama　

Jul 20, 2016

[DISCLOSURE] FNC Ad Culture (063440) announced on July 20 that it will invest 6.2 billion won (US$5.42 million) to enter the television drama production business. The investment amounts to 46.56 percent of its equity capital.
SK Materials' Q2 operating profit rises 73% to W38.83b

Jul 20, 2016

[DISCLOSURE] SK Materials (036490) said in a regulatory filing on July 20 that its operating profit in the second quarter rose 73 percent to 38.83 billion won (US$33.95 million) from the same period last year. Revenue reached 116.58 billion won and its net profit was 26.74 billion won, rising 54.7 and 58.8 percent, respectively.
Korea Asset In Trust invests W20b in subsidiary

Jul 20, 2016

[DISCLOSURE] Korea Asset In Trust (123890) announced after the markets closed on July 20 that it has invested 20 billion won (US$17.49 million) in its subsidiary KAIC Capital.
FNC Add Culture to invest W6.2b in TV drama　

Jul 20, 2016

[DISCLOSURE] FNC Add Culture (063440) announced on July 20 that it will invest 6.2 billion won (US$5.42 million) to enter the television drama production business. The investment accounts for 46.56 percent of its equity capital.
IE's largest shareholder changes to New Concept Capital

Jul 20, 2016

[DISCLOSURE] The largest shareholder of IE (023430) has changed to New Concept Capital from Maple Season Investments and two others, as they sold off their entire stake, it announced on July 19. New Concept owns 0.67 percent stake (926,240 shares) and is an individual having special relationship with the former largest shareholder.
Doosan E&C receives W60.59b order to build apartments in Busan

Jul 20, 2016

[DISCLOSURE] Doosan Engineering & Construction (011160) has received a 60.59 billion won (US$52.99 million) order from Shinhwa Construction Developer to build apartment buildings in Busan, it announced on July 20. This amounts to 3.36 percent of its recent revenue.
Core Logic to issue CB worth W35b

Jul 20, 2016

[DISCLOSURE] Core Logic (048870) will issue convertible bonds worth 35 billion won (US$30.61 million) and offer to Synergy Partners and two others, to finance acquisition of other corporation’s stocks, it announced on July 19. The maturity date is Aug. 12, 2021. The conversion price is 9,377 won and the conversion period is between Aug. 12, 2017 and July 12, 2021.
EQUISnZAROO to take over 51% stake of JK Int'l

Jul 20, 2016

[DISCLOSURE] EQUISnZAROO (058530) will take over 51 percent stake (61,200 shares) of JK International at 6.7 billion won (US$5.86 million), it announced on July 19. This amounts to 23.18 percent of its equity capital.
Fine DNC to issue CB worth W10b

Jul 19, 2016

[DISCLOSURE] Fine DNC (049120) announced on July 19 that it will issue convertible bonds worth 10 billion won (US$8.8 million) to finance equipment and operations. The bonds will be offered to four asset management companies. The maturity date is July 21, 2021. The bonds can be converted between July 21, 2017 and June 21, 2021 at a conversion price of 1,881 won.
TS sells TS Bank stake worth W88.5b

Jul 19, 2016

[DISCLOSURE] TS Corporation (001790) will sell 200,000 shares of its affiliate TS Bank at 88.5 billion won (US$77.9 million) to improve financial structure and revamp business structure, it announced on July 19. This amounts to 20.83 percent of its equity capital.
Charm Engineering to sell shares worth W3b

Jul 19, 2016

[DISCLOSURE] Charm Engineering (009310) announced on July 19 that it will sell its own shares worth 3 billion won (US$2.64 million) to secure liquidity and improve financial structure.
Soulbrain ENG has no info on stock price surge

Jul 19, 2016

[DISCLOSURE] Soulbrain ENG (039230) said on July 19 that it had no important information to share in response to Korea Exchange’s inquiry regarding the recent surge in its stock price.
MLC sells off entire stake of parent company NK

Jul 19, 2016

[DISCLOSURE] NK (085310) announced on July 19 that its subsidiary MLC has sold off the entire 0.06 percent stake (27,062 shares) of the company.
Feelux to lend W5.9b to subsidiary Byfeelux

Jul 19, 2016

[DISCLOSURE] Feelux (033180) announced on July 19 that it will lend 5.9 billion won (US$5.19 million) to its subsidiary Byfeelux, so that it can purchase other company’s stocks. This amounts to 8.77 percent of its equity capital.