SK Group investment in Masan
Scope
Date
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Alternative food
SK Inc, STIC invest $55 million in US alternative dairy maker Perfect Day
SK Inc., the investment arm of South Korean conglomerate SK Group, and private equity firm STIC Investment Inc., have invested a combined 65 billion...
Oct 01, 2021 (Gmt+09:00)
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Petrochemicals
SK becomes first Korean oil producer from plastic waste
SK Group has become South Korea's first company to extract oil from plastic waste and use the eco-friendly oil as a feedstock of oil refining and pe...
Oct 01, 2021 (Gmt+09:00)
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Batteries
SKC drops plan for silicon anode JV on investment overlap woes
South Korea’s SKC Co. withdrew a plan to set up a joint venture with British battery materials maker Nexeon Ltd. for the silicon anode mater...
Oct 01, 2021 (Gmt+09:00)
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Sovereign wealth funds
KIC advised to invest in Europe's residential market
Europe's residential real estate market has stronger growth potential than the US housing facilities, given the growing preference among millennials...
Sep 29, 2021 (Gmt+09:00)
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ASEAN
Korea needs to expand investment in ASEAN, import good products more
The Association of Southeast Asian Nations (ASEAN) is South Korea’s largest source of trade surplus. The Northeast Asian country generated $34...
Sep 29, 2021 (Gmt+09:00)
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Entertainment
Netflix brings $4.7 bn economic impact to Korean industries: Deloitte
Netflix Inc. has contributed to a socio-economic impact worth 5.6 trillion won ($4.7 billion) across various South Korean industries through the joi...
Sep 29, 2021 (Gmt+09:00)
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IPOs
Beauty chain CJ Olive Young to embark on 2022 IPO process
CJ Olive Young, South Korea's largest beauty store chain, is moving ahead with its plan to go public next year, which will likely raise new capital ...
Sep 29, 2021 (Gmt+09:00)
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Batteries
SKC to form JV with British Nexeon for silicon anode business
South Korea’s SKC Co. plans to set up a joint venture with British battery materials maker Nexeon Ltd. for the silicon anode materials market....
Sep 29, 2021 (Gmt+09:00)
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Electronics
Samsung to install 51,000 air purifiers to help Australians return to school
Samsung Electronics Co. will help the students in the Australian state of Victoria in making safe returns to the classroom in a post-COVID environme...
Sep 29, 2021 (Gmt+09:00)
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Korean chipmakers
Small-size PCB makers in expansion mode to meet demand
The growing demand for larger-size printed circuit boards (PCBs), used to connect chips to the circuit boards of electronic devices, has been pushin...
Sep 29, 2021 (Gmt+09:00)
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Real estate
Time to invest in luxury hotels in Korea: JLL executive
The COVID-19 pandemic has been particularly hard on the hotel industry, exposing it as one of the most vulnerable to the crisis amid the global lock...
Sep 28, 2021 (Gmt+09:00)
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Batteries
SK Innovation, Ford to invest $11.4 billion to build largest EV battery JV
SK Innovation Co. and Ford Co. will invest a combined $11.4 billion to build an assembly and battery complex and two additional battery factories in...
Sep 28, 2021 (Gmt+09:00)
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Alternative investments
Korean Tiger Alternative, NH Investment buy California homes
South Korea’s Tiger Alternative Investors Co. Ltd. and NH Investment & Securities bought multifamily homes in California for $220 million ...
Sep 27, 2021 (Gmt+09:00)
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Automobiles
Hyundai, Kia take throne in Russia on decade of investment
Hyundai Motor Group, the world’s fifth-largest carmaker, topped the Russian automobile market last month for the first time since January 2017...
Sep 27, 2021 (Gmt+09:00)
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Alternative investments
Meritz Alternative to invest in Washington DC building
South Korea’s Meritz Alternative Investment Management Co. is set to invest in an office building in Washington DC.Meritz formed a 200 billion...
Sep 24, 2021 (Gmt+09:00)
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Batteries
SKC to raise corporate value to $25 bn with battery materials
South Korea’s SKC Co. plans to expand its electric vehicle battery materials business in a move to fivefold its corporate value to 30 trillion...
Sep 24, 2021 (Gmt+09:00)
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IPOs
Kakao Pay pushes back IPO to November despite tight schedule
Kakao Group’s payment services unit Kakao Pay Corp. has pushed back its IPO to November due to growing concerns regarding the impact of regula...
Sep 24, 2021 (Gmt+09:00)
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Markets
Market boom drives more S.Koreans to become angel investors
Angel investing has become widely prevalent among South Koreans. The practice of providing capital for new and small business ventures, which were t...
Sep 24, 2021 (Gmt+09:00)
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Automobiles
LG Elec to start automotive cybersecurity business
South Korea’s LG Electronics Inc. is about to start automotive security business, expanding its car electronics technology portfolio by taking...
Sep 23, 2021 (Gmt+09:00)
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Alternative investments
NPS, Hines ink $2.5 bn US redevelopment project
South Korea's National Pension Service (NPS) and Hines have jointly acquired the headquarters complex of Pacific Gas & Electric Company (PG&...
Sep 23, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Fried chicken chain BHC to pay $255 mn for Outback Steakhouse Korea
South Korea’s No. 2 fried chicken brand BHC Group is set to spend $255 million to acquire the Korean operations of Outback Steakhouse, an Aust...
Sep 23, 2021 (Gmt+09:00)
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EV Batteries
SK Innovation to supply batteries to Hyundai IONIQ 7
SK Innovation Co. is set to supply batteries for the IONIQ 7, Hyundai Motor Co.’s large electric sport utility vehicle (SUV) to be unveiled in...
Sep 22, 2021 (Gmt+09:00)
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Korean chipmakers
SK Hynix-led $101 bn Korean chip project delayed again
SK Hynix Inc.’s $101 billion project to build a semiconductor complex in South Korea was delayed again, stoking concerns that the world’...
Sep 22, 2021 (Gmt+09:00)
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Alternative investments
KB Fin, Shinhan invest in Sweden's wind farm via joint fund
South Korea's two banking giants -- KB Financial Group and Shinhan Financial Group -- have invested a combined 80 billion won ($68 million) in a win...
Sep 17, 2021 (Gmt+09:00)
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Batteries
SK Innovation shareholders approve battery split-off; 2022 IPO unlikely
Shareholders of South Korea’s SK Innovation Co. on Thursday approved the company's plan to separate its battery business into a new entity.Und...
Sep 16, 2021 (Gmt+09:00)
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Batteries
Korea’s Halla to enter EV battery materials business
South Korea’s auto parts supplier Halla Holdings Corp. is making inroads into the electric vehicle battery materials business.Halla said on Se...
Sep 16, 2021 (Gmt+09:00)
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Cloud providers
Naver Cloud looks to join AWS, Microsoft as Asia's top cloud service provider
South Korea-based Naver Cloud Corp. is determined to become one of the key cloud service providers in Japan and Southeast Asian markets, following o...
Sep 16, 2021 (Gmt+09:00)
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ESG
SK, Asia Pulp to develop eco-friendly packaging paper
SK Geo Centric Co., South Korea’s leading petrochemical company, will develop eco-friendly paper coating materials to enter the recyclable pac...
Sep 16, 2021 (Gmt+09:00)
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Food & Beverage
Dongwon aims to rise from canned tuna maker to F&B giant
For many South Koreans, particularly among the older generation, Dongwon is the name of the company that makes canned tunas, for which the food make...
Sep 16, 2021 (Gmt+09:00)
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Future mobility
SK's car-sharing service SoCar Malaysia sees valuation top $210 mn
Car-sharing platform SoCar Mobility Malaysia has raised around 65 billion won ($55.6 million) from South Korean private equity firm EastBridge Partn...
Sep 16, 2021 (Gmt+09:00)
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