K-pop label SM taps activist investor as board member
K-pop behemoth SM Entertainment Co. said on Jan. 20 it has decided to tap Lee Chang-hwan, the CEO of local activist fund Align Partners Capital Mana...
K-pop label SM to increase number of outside directors
South Korea’s SM Entertainment Co. will increase the number of outside directors and ban its chief executive from chairing the board as part o...
Document tool company Business Canvas secures Series A2 round
Business Canvas, a South Korean SaaS (software as a service) startup that services the global document tool "Typed," announced on Tuesday that it ha...
SK Energy, Naver agree to develop gas stations into logistics hubs
SK Energy and Naver Corp. are joining hands to transform gas stations into urban logistics hubs where advanced technologies will be employed.SK Ener...
TmaxSoft, Douzone Bizon form partnership for enterprise ICT market
South Korea's two leading software firms TmaxSoft and Douzon Bizon signed a strategic business agreement on Thursday to link Douzon's enterprise res...
S.Korea's Bespin Global secures $107 mn from Middle East
South Korea's cloud management company Bespin Global said on Monday that it has secured 140 billion won ($107 million) in investment from e& Ent...
Dongwon Industries reborn as holdings company after 53 years
Korea's seafood giant Dongwon Industries on Wednesday said its completed merger with Dongwon Enterprise has given their parent Dongwon Group a new h...
Game publisher Com2uS buys $47 mn worth of SM Entertainment shares
South Korean mobile and online game developer and publisher Com2uS Corp. acquired a whopping 67 billion won ($47 million) worth of SM Entertainment ...
K-pop giant SM up against Align Partner's shareholder activism
South Korea’s Align Partners Capital Management is intensifying its shareholder activism against K-pop music label giant SM Entertainment Co.,...
Shareholder activism gathers momentum in South Korea
Institutional investors gathered momentum for shareholder activism in South Korea not only to boost their values but also to improve corporate gover...
SM mulls ending producer contract with founder Lee Soo-man's firm
SM Entertainment Co. announced Thursday it is considering terminating the production contract with Like Planning, wholly owned by its founder Lee So...
Activist fund steps up pressure for SM Ent's governance reform
Align Partners Capital Management, a South Korean activist fund, has threatened legal action against entertainment behemoth SM Entertainment Co., re...
Warehouse robotics maker Floatic raises $2.6 million in pre-Series A
Warehouse automation startup Floatic Robotics wrapped up its pre-Series A round with 3.4 billion won ($2.6 million). The Seoul-based company is...
LG Elec.-SM Ent. tie up to challenge Apple Fitness+
LG Electronics Inc. and SM Entertainment Co., South Korea’s giants in the home appliances and entertainment sectors, joined hands in the home ...
Opportunity costs on the rise at Korean shipping firms
South Korea’s leading shipping companies are being used as funding sources for their parent groups’ business expansion or making up for ...
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...
SM Entertainment to find Saudi idols with Princess Haifa
South Korea’s entertainment behemoth SM Entertainment Co. will develop Saudi idols with Princess Haifa bint Mohammed Al-Saud as the kingdom ai...
Activist fund wins over K-pop pioneer at SM Entertainment annual meeting
South Korea’s entertainment behemoth SM Entertainment Co. is poised to have a new outside auditor – a measure expected to bring a much-a...
Samsung to work with Western Digital on next-gen storage technology
Samsung Electronics Co. and Western Digital Technologies Inc. announced Wednesday the two parties signed a memorandum of understanding (MOU) to coll...
Kakao hits snag in $815 mn SM Entertainment takeover plan
Kakao Entertainment Corp. has hit a snag in its talks to buy a controlling stake in SM Entertainment Co., according to those familiar with the neg...
Kakao closes in on $800 mn deal to buy SM Entertainment stake
Kakao Entertainment Corp., a unit of South Korea's top mobile messenger app, is in the final stages of talks to buy a controlling stake in SM Entert...
Hyundai Engineering CEO: To spend $1.3 bn on green projects with IPO
Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, plans to spend as much as 1.5 trill...
IGIS invests in Kakao Enterprise for AI-embedded real estate
IGIS Asset Management Co. and its venture capital affiliate are slated to invest 10 billion won ($8.3 million) in Kakao Enterprise Corp., an artific...
POSCO mulls holding company structure to raise enterprise value
South Korea's largest steelmaker POSCO is considering splitting up the company to launch an investment holding firm as part of efforts to enhan...
LG Energy to list end-January with enterprise value up to $67 billion
LG Energy Solution Ltd. will list its shares on the main bourse around the end of January, valuing the top South Korean battery maker between 70 tri...
SM Line joins growing list of S.Korean IPO dropouts
SM Line Corp. on Wednesday became the latest South Korean company to drop its initial public offering plan on disappointing institutional interest.T...
SM Entertainment founder’s final audition: New owner
“It was not like an M&A negotiation but rather an audition by Lee Soo-man,” said a source at a company that is looking to buy a stak...
SM Line sees light at the end of the tunnel: SM Group’s Woo
When SM Group, formerly known as Samla Midas Group, took over assets of bankrupt Hanjin Shipping Co., for 37 billion won ($32 million) at the end of...
CJ ENM in exclusive talks to acquire SM Entertainment
South Korea's entertainment powerhouse CJ ENM Co. is in exclusive talks to acquire a 19.37% stake in SM Entertainment Co., the country's first-gener...
Merchant liner SM Line to list on Kosdaq in November
South Korea’s merchant liner SM Line Corp. is set to become a publicly-traded company in November. SM Line has submitted its securities regist...
