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S. Korea not to attend Sado mine memorial: foreign ministry
[Weekender] Korea's traditional sauce culture gains global recognition
[What to Play] Cozy songs to warm you up
Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
Gyeongju blends old with new
At Gwangcheonok, try North Korean-style sundae gukbap
Over 80,000 malicious calls made to Seoul call center since 2020
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
BLACKPINK's Rose stays at No. 3 on British Official Singles chart with 'APT.'
What you need to know about Adani's US bribery indictment
Hyundai Motor’s Genesis US push challenged by Trump’s tariff hike: sources
Oasis confirms first Korean concert in 16 years
North Korean leader ‘convinced’ dialogue won’t change US hostility
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
Naver Webtoon promises creative freedom, responsible webtoon platform
Two jailed for forcing disabled teens into prostitution
Japan confirms vice-ministerial level figure attending Sado mine memorial
Daewoo E&C chair honored in India for boosting bilateral economic ties
South Korean military plans to launch new division for future warfare
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안녕하세요 황유미 기자입니다.
Articles by 황유미
Woori Bank's Q2 operating profit rises 65.78% to W949b
Jul 19, 2016
[DISCLOSURE] Woori Bank (000030) announced on July 19 that its operating profit for the second quarter spiked 65.78 percent to 949.1 billion won (US$835.48 million) from the same period last year. Its revenue increased 30.59 percent to 12.24 trillion won and the net profit increased 43.3 percent to 757.79 billion won on-year.
Digital Optics to issue W6b worth of CBs
Jul 19, 2016
[DISCLOSURE] Digital Optics (106520) will issue convertible bonds worth 6 billion won (US$5.28 million), the company announced on July 19. The maturity date of the bonds is Aug. 18, 2019.The bonds can be converted betwen Aug.18, 2017 to July 18, 2019 at a conversion price of 10,250 won.
Piolink signs trust contract for W3b repurchase
Jul 19, 2016
[DISCLOSURE] Piolink (170790) has signed a trust contract with IBK Securities to repurchase its own stocks worth 3 billion won (US$2.64 million), the company announced on July 19.
SPC Group opens Korea's first Shake Shack
Jul 19, 2016
[THE INVESTOR] Popular New York-based casual restaurant chain Shake Shack will be opening its first outlet in Korea on July 22.The chain started out as a food cart inside Madison Square Park in Manhattan when founder Danny Meyer served burgers and hot dogs to support the park’s first art installation in 2000.In 2004, the roadside stand became a permanent kiosk and its Shake Shack burger jumped to the top of burger lovers’ list coming shoulder to shoulder with those from In-N-Out and Five Guys, p
Solacia signs W1.7b contract with KT for micro USIMs
Jul 19, 2016
[DISCLOSURE] Solacia (070300) announced on July 19 that it has signed a 1.7 billion won (US$1.5 million) contract with KT to supply LTE NFC micro USIMs.
Samhwa Paint obtains patent for antibacterial paint composition
Jul 19, 2016
[DISCLOSURE] Samhwa Paint Industrial (000390) has obtained a patent for an antibacterial ultra-violet curing paint composition, it announced on July 19.
NICE subsidiary sells off entire W54b stake in KIS to Moody’s
Jul 19, 2016
[DISCLOSURE] NICE (034310) announced on July 19 that its subsidiary NICE Infra has sold the entire 499,999 shares of Korea Investors Service to Moody’s Singapore for 53.97 billion won (US$47.51 million) on July 18 to improve financial liquidity. NICE Infra also sold 145,600 shares of KIS Pricing, a subsidiary of Korea Investors Service, to the ratings agency for 5 billion won on the same day, it announced in a separate statement.
ACT names Kim Sang-il as new co-CEO
Jul 19, 2016
[DISCLOSURE] ACT (131400) has named Kim Sang-il as its new co-CEO and will jointly head the company with existing CEO Kim Seong-beom, it announced on July 18. Kim served as vice president of Sakhalin Energy Investment Company.
Fila Korea acquires subsidiary's new stocks worth W48b
Jul 19, 2016
[DISCLOSURE] Fila Korea (081660) announced on July 18 that it will acquire the entire 164,000 shares issued for capital increase by its subsidiary Magnus Holdings at 48.49 billion won (US$42.68 million), to secure management control.
Taeyoung E&C receives W94.4b construction order for apartments
Jul 18, 2016
[DISCLOSURE] Taeyoung Engineering & Construction (009410) has received a 94.4 billion won (US$83.04 million) order to build apartment buildings in Jeonju, North Jeolla Province, it announced on July 18. This amounts to 5 percent of its recent revenue.
New Pride lends US$8.86m to Hong Kong affiliate
Jul 18, 2016
[DISCLOSURE] New Pride (900100) announced on July 18 that it will lend US$8.86 million to its affiliate New Pride Hong Kong. This amounts to 27.63 percent of its equity capital.
Soulbrain sells off entire stake of subsidiary at W25b
Jul 18, 2016
[DISCLOSURE] Soulbrain (036830) announced on July 18 that it will sell the entire 33.61 percent stake (12,241,805 shares) of its affiliate Soulbrain ENG (039230) to Double J Private Equity No1 Investment Partnership and other at 25 billion won (US$21.99 million).
Regen to isse CB worth W1.12b
Jul 18, 2016
[DISCLOSURE] Regen (038340) will issue convertible bonds worth 1.12 billion won (US$985,222) and offer to Myeongin Edu and Kim Jeong-ha, to secure funds, it announced on July 18. The maturity date is July 18, 2018. The conversion price is 1,063 won and the conversion period is between July 18, 2017 and June 18, 2018.
Doosan's Q2 operating profit increases 33.18% to W306b
Jul 18, 2016
[DISCLOSURE] Doosan (000150) announced on July 18 that its operating profit in the second quarter rose 33.18 percent to 306.25 billion won (US$269.4 million). Its revenue slipped 1.45 percent to 4.25 trillion won while its net profit surged 767.84 percent to 181.23 billion won.
Soulbrain ENG to issue CB worth W5b
Jul 18, 2016
[DISCLOSURE] Soulbrain ENG (039230) announced on July 18 that it will issue convertible bonds worth 5 billion won (US$4.4 million) and for private offering to finance operations. The maturity date is Aug. 1, 2019. The conversion price is 1,940 won and the conversion period is between Aug. 1, 2017 and July 31, 2019.
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