[DISCLOSURE] Kia Motors Corp (000270) will hold an IR for institutional investors at UBS Korea Conference 2016 on June 20 at Conrad Hotel in Seoul, it said on June 16.

[DISCLOSURE] Hyungji I&C (011080) has named Choi Hye-won as its new CEO, the apparel company announced on June 16. Choi was a director and will succeed Kim In-gyu who stepped down for personal reasons.

[DISCLOSURE] Avista Inc (090370) has not yet finalized the specifics of its joint venture with JYP Entertainment, the company said in a statement on June 16 in response to news reports. They are still in talks and targeting China as their main market, the company added.

[DISCLOSURE] Dealdoneshares has become the largest stakeholder in Ugint Co (195990), the firm announced on June 16. The subsidiary of broadcasting equipment maker Seven Star Works acquired stocks owned by the previous largest shareholders and owns 2,516,800 shares (10.55 percent) of Ugint, having a say in management.

[DISCLOSURE] SHOWBOX Corp (086980) will hold an IR for institutional investors at UBS Korea Conference 2016 on June 20 at Conrad Hotel in Seoul, it said on June 16.

[DISCLOSURE] Hana Financial Group (086790) will hold an IR for institutional investors at UBS Korea Conference 2016 on June 20 at Conrad Hotel in Seoul, it said on June 16.

[DISCLOSURE] Cellumed Co (049180) announced on June 16 that it has obtained a patent for a composition that treats wounds and prevents scars.

[DISCLOSURE] Caregen (214370) has signed an 874.4 million won (about $745,000) contract with PALMED Health Products Trade & Ltd Co to supply filler for arthritis treatment, it announced on June 16. This amounts to 2.4 percent of its recent revenue.

[DISCLOSURE] Caregen (214370) has signed a 42.8 billion won ($36.5 million) contract with Valentine Cassetti Dassouuki to supply hair loss prevention and hair growth products for exclusive sales in 11 South American countries, it announced on June 16. This amounts to 117.6 percent of its recent revenue.

[DISCLOSURE] Hyundai Development Co (012630) will hold an IR for institutional investors at UBS Korea Conference 2016 on June 20 at Conrad Hotel in Seoul, it said on June 16.

[DISCLOSURE] Hancom Inc (030520) will present its e-book publishing platform Wepubl at 2016 Digital Book Fair Korea, the company said on June 16. The software developer will also unveil additional functions to be added to the comprehensive platform, including automated translation. 

[DISCLOSURE] GS Instruments Co (007630) will have its asset reevaluated, the company said on June 16. The book value of its land in Incheon is 19.2 billion won ($16.4 million).

[DISCLOSURE] Samsung Electronics (005930) has merged its operations with that of U.S.-based cloud service provider Joyent, the tech giant announced on June 16.

[DISCLOSURE] Vitzro Cell (082920) has decided on a cash dividend of 25 won ($0.02) per share, it said on June 16. The total amount will be 371 million won and the dividend record date is June 30. It also has decided on a stock dividend of 0.1 common stock per share, it said in a separate statement. The total number of shares to be issued is 14,841,718.

[DISCLOSURE] Sewoo Tech Co (096690) will repurchase 800,000 of its own stocks at 3.1 billion won ($2.6 million), it announced on June 16.