[DISCLOSURE] Tony Moly (214420) has acquired 75,000 shares (25 percent of Sehan Tax Free, a cosmetics vendor, for 1 billion won (US$0.87 million), it announced on June 23.

[DISCLOSURE] Daea TI (045390) said on June 23 it had no important information to share in response to Korea Exchange’s inquiry regarding the recent surge in its stock price.

[DISCLOSURE] Busan Industrial (011390) said on June 23 it had no important information to share in response to Korea Exchange’s inquiry regarding the drastic changes in stock prices and trading volumes.

[DISCLOSURE] Shinsung Solar Energy (011930) will supply 12MW of solar batteries to Longi (H.K.) Trading Ltd. in Vietnam, it announced on June 23.

[DISCLOSURE] Mirae Corporation (025560) announced on June 23 that its 19.6 million shares offered to employees recorded 100 percent subscription. The firm will issue 98 million shares in total for capital increase.

[DISCLOSURE] Wins (136540) has obtained a patent related to authentication service providing system and method, it announced on June 23.

[DISCLOSURE] Haengnam China (008800) will take over 300,000 shares of Coma Trade from Coma Holdings, it announced on June 23. In return, the chinaware maker will issue convertible bonds worth 5.1 billion won (Us$4.4 million), with a maturity date on June 23, 2019.

[DISCLOSURE] Fortis (141020) will offer convertible bonds worth 1 billion won (US$0.87 million) in private to finance its operations, it announced on June 23. The maturity date is June 27, 2019.

[DISCLOSURE] Mobileleader (100030) has signed a 1.7 billion won (US$1.4 million) consignment contract with Initech (053350) for a project building K Bank’s data processing system, it announced on June 23. This amounts to 11.5 percent of its recent revenue.

[DISCLOSURE] Hanatour Service (039130) will hold an IR for institutional investors at 2016 Korea Inc. Discovery Day on June 24 at MiraeassetDaewoo Securities headquarters in Seoul, it said on June 23.

[DISCLOSURE] POSCO M-Tech (009520), an affiliate of POSCO, has signed a 14.7 billion won (US$12.8 million) consignment contract with the steelmaker to operate a ferrosilicon factory, it announced on June 23. This amounts to 4.01 percent of its recent revenue.

[DISCLOSURE] Daewon has sold its 1.33 million shares (14.14 percent) of Sungjee Construction (005980) in an outside dealing and its stake dropped to 27.62 percent from 41.76 percent, it announced on June 23. The stocks were sold at 7,500 won (US$6.51) per share.

[DISCLOSURE] Ivy Club has sold its 1.33 million shares (14.11 percent) of Sungjee Construction (005980) in an outside dealing and its stake dropped to 25.34 percent from 39.45 percent, it announced on June 23. The stocks were sold at 7,500 won (US$6.51) per share.

[DISCLOSURE] EN3 (074610) has signed a 2.2 billion won (US$1.9 million) contract with Gyeongbuk Fire Service Headquarters to supply firefighting equipment including a pump truck, it announced on June 23. This amounts to 12.32 percent of its recent revenue.

[DISCLOSURE] On June 23, Sejin Heavy Industries (075580) acknowledged reports that it is considering selling off stake in its subsidiary Dongnam Marine Crane (101000) but did not provide any specifics, in response to Korea Exchange’s inquiry. DMC also released a statement saying that nothing was determined about its largest shareholder’s sell-off.