KDB resumes global venture IR event in Singapore

South Korea’s state-run Korea Development Bank (KDB) said on Thursday that KDB NextRound, the bank’s venture investment platform, will h...

CJ integrates AI infrastructure and data to launch CJ AI center

CJ Corp. launched an artificial intelligence center Wednesday, which it hopes will lead the conglomerate's digital innovation. The new CJ AI Cente...

Samsung Elec's ex-M&A head to extend clout in Samsung Group

Ahn Joonghyun, who led Samsung Electronics Co.'s high-profile M&A deals for nearly nine years, was promoted to a president-level position to hea...

South Korean conglomerates race to establish CVCs 

One after another, South Korea’s household name conglomerates are establishing corporate venture capital (CVC) firms under their holding compa...

One Store refiles IPO application, changing peer group list

One Store Co., investment firm SK Square Co.'s homegrown app store, is gearing up for an initial public offering to be held in May. The local app st...

LG Energy-led group to set up $9 bn Indonesia battery value chain

A consortium led by LG Energy Solution Ltd., the global No. 2 electric vehicle battery maker, will invest $9 billion in a battery value chain in Ind...

US and German startups funded by Mirae Asset join ranks of unicorns

Mirae Asset Venture Investment Co. is forecast to rake in more than 400 billion won ($325 million) for its investment in Moloco Inc. Mirae As...

Warehouses pile financial burden on investment firms

South Korea’s logistics centers are ramping up the financial pressure on real estate investment firms. Previously a favored property type, i...

LS Group may raise stake in LS-Nikko Copper to 90%

South Korea's LS Group is considering buying an additional stake in LS-Nikko Copper Inc. to boost its stake in the world’s second-largest elec...

Shinhan Card makes strategic investment in car sales platform

South Korea’s Shinhan Financial Group is intensifying its online car sales business through partnerships with online platforms. The group&rs...

Samsung Group hires governance expert for unprecedented reorganization

Samsung Electronics Co. has hired a 20-year governance veteran for its much-awaited corporate governance restructuring, according to those familia...

Ssangyong Motor sale likely a duel between KG Group, Ssangbangwool

The sale of troubled sport utility vehicle maker Ssangyong Motor Co. is likely to be a duel between chemicals conglomerate KG Group and SBW Group, a...

POSCO Chemical to raise $244 mn in green bonds

POSCO Chemical Co., South Korean steelmaker POSCO Group’s chemical and battery material unit, said on April 8 that it will issue green bonds w...

US hedge fund urges SK to focus on share buybacks

US hedge fund Dalton Investments LLC has urged SK Inc., the holding company of South Korea’s SK Group, to focus more on share buybacks and can...

S.Korea’s top securities firms enjoy high returns on fintech investment

South Korea’s startups raked in a record amount of investment last year, thanks to the number of unicorns reaching an all-time high.This was n...

Dongwon Industries becomes new holding firm of seafood conglomerate

Dongwon Group, South Korea’s leading seafood and logistics conglomerate, will undergo corporate restructuring with Dongwon Industries Co. emer...

Korea Post to tap two GPs for global PE secondaries

Korea Post, South Korea's state-run postal service agency, said on April 6 its savings arm will choose two asset managers for two closed-end comming...

Startups need to embrace ESG, industry insiders say

Environmental initiatives such as RE100 and high Environmental, Social, and Governance (ESG) standards are not just for conglomerates anymore, accor...

KG Group, Cactus PE to join race for Ssangyong Motor

South Korea’s KG Group, a chemicals conglomerate, and Cactus Private Equity, are joining the race for Ssangyong Motor Co., up for sale again n...

IPOs see low offering prices and declining returns in Q1

South Korea’s initial public offerings are seeing lackluster investor interest in bookbuildings this year. Drops in some recent public offerin...

Healthcare, tech top Korean LPs' favorite PE sectors

Healthcare and technology are the preferred sectors for global private equity investment, a survey of South Korea's major asset owners has shown. Co-i...

Healthcare, tech top Korean LPs' favorite PE sectors

Healthcare and technology are the preferred sectors for global private equity investment, a survey of South Korea's major asset owners has shown. Co-i...

Korea’s Q1 facility investment cut in half, spooked by macroeconomic risks

South Korea’s major companies are drastically cutting their capital spending as heightened macroeconomic risks coupled with growing external u...

Philippines LCS Group buys Korea’s special purpose vessel maker

The Philippines’ LCS Group of Companies bought a South Korean special purpose vessel maker as it aims to supply defense products to the Southe...

Korea’s top adult webtoon platform targets global market

Topco, South Korea’s top adult webtoon platform operator, is targeting the global digital comic market with the goal to expand its business in...

SK On to raise $822.5 mn from Korean PEF consortium

South Korea’s SK On Co., the world’s fifth-largest electric vehicle battery maker, is set to raise up to 1 trillion won ($822.5 million)...

Automobile, chemical, refinery lead manufacturing sector revival 

South Korea’s manufacturing sector saw an unexpected revival during the economic downturn caused by the COVID-19 pandemic. Last year, 23 ...

Two SK Group arms unveil lower-than-expected IPO guidance

SK Shieldus Co. and One Store Co., two units of South Korea's SK Square Co., submitted their initial public offering applications on Thursday to rai...

Smartphone material maker NexFlex draws bidders

NexFlex Co., South Korea's largest manufacturer of flexible copper clad laminates (FCCLs) used for smartphones, has drawn around half a dozen prelim...

MBK seeks to exit Korea’s Lotte Card for over $2.5 bn

MBK Partners is in the early stages of talks with telecom operator KT Corp. and other potential bidders to sell its majority stake in South Korea's ...