[DISCLOSURE] LG Electronics (066570) will hold an IR session on its second quarter performance via conference call to be broadcast on its website for institutional investors, analysts and media on July 28, it announced on July 14. It will also host a separate conference call in English for foreign investors.

[DISCLOSURE] Samsung Electro-Mechanics (009150) will hold an IR session on its second quarter performance via conference call to be broadcast on its website for investors and analysts on July 22, it announced on July 14.

[DISCLOSURE] POSCO Coated & Color Steel (058430) announced on July 14 that its operating profit in the second quarter jumped 60.4 percent to 9.74 billion won (US$8.5 million) from the same period last year. Its turnover came in at 183.44 billion won, a 7.5 percent decrease, while the net profit rose to 7.54 billion won by 105.6 percent.

[DISCLOSURE] KPM Tech (042040) will issue convertible bonds worth 20 billion won (US$17.45 million) and offer to Sun Tree Investment and Seogwang Partners to finance operations, the company announced on July 14. The conversion price is 9,470 won and the conversion period is from Aug. 25, 2017 to Aug. 24, 2019.

[DISCLOSURE] GS (078930) announced on July 13 that GS Caltex executive vice president Huh Joon-hong has purchased 52,000 shares; his sister Jeong-yoon 15,000 shares; and GS Energy director Huh Seo-hong 22,351 shares. As the fourth generation of GS Group’s founding family acquired more shares, the stake of the largest shareholder and others has increased to 45.71 percent from 45.62 percent.

[DISCLOSURE] E-mart (139480) will invest 54 billion won (US$47.12 million) in its affiliate Shinsegae Property for a suburban shopping complex in Korea, it announced on July 13.

[DISCLOSURE] Hyundai Merchant Marine (011200) announced on July 12 that it has finalized the price of its new stocks at 9,530 won (US$8.32) per share. The company decided to issue 280 million shares for capital increase to finance operations in June.

[DISCLOSURE] Telcon (200230) will acquire 1,345,895 shares of KPM Tech (042040) for 10 billion won (US$8.73 million), increasing its stake to 14.18 percent, the company announced on July 13.

[DISCLOSURE] CoAsia Holdings (045970) announced on July 13 that its subsidiary Itswell will sell the headquarters building and land for 25 billion won (US$21.85 million) to improve financial structure by debt repayment. This amounts to 12.87 percent of its equity capital.

[DISCLOSURE] Naver (035420) will hold an IR session on its second quarter performance via a conference call for investors and analysts on July 28, it announced on July 13. It will be carried out in both Korean and English.

[DISCLOSURE] Liveplex (050120) announced on July 13 that it will acquire land and building in Seoul for 40.7 billion won (US$35.58 million) from Peyto for stability and efficiency in asset management, it announced on July 13. This amounts to 73.17 percent of its equity capital.

[DISCLOSURE] Hanjin Heavy Industries & Construction Holdings (003480) announced on July 13 that it is looking to sell stake in its subsidiaries Daeryun Power and Byeollae Energy and has selected Miraeasset Daewoo Securities as the new lead financial adviser, in response to Korea Exchange’s inquiry.

[DISCLOSURE] Hyundai Heavy Industries (009540) acknowledged on July 13 that it is seeking to sell the stake in HI Investment & Securities owned by its affiliate Hyundai Mipo Dockyard (010620) by the end of this year and has already selected a lead financial adviser, in response to Korea Exchange’s inquiry.

[DISCLOSURE] Neungyule Education (053290) will sell 855,784 shares of its own for 5.55 billion won (US$4.85 million) in an after-hours block deal on July 14, it announced on July 13, to dispose of its own shares within the time limit set by a stock option and to secure investment funds.

[DISCLOSURE] Doosan Engineering & Construction (011160) will offer its Changwon plant site and building as collateral worth 110 billion won (US$96.15 million) for its affiliate Doosan Mecatec’s 126.42 billion won debt. This amounts to 7.78 percent of its equity capital.