Family feud at Kumho Petrochem set to reignite
Park Chul-whan, the nephew of Kumho Petrochemical Co.'s former Chairman Park Chan-koo, has launched a proxy fight jointly with an activist fund, fue...
Activist funds to wage proxy battle with Samsung C&T
Five activist funds have joined hands to wage a proxy battle with Samsung C&T Corp., demanding additional share buybacks and dividend increases....
Celltrion to deliver three treatments to Peru
South Korea’s Celltrion Inc. announced on Thursday that it will supply three treatments, including its blood cancer drug Truxima (rituximab) t...
What drives opportunity in solar power: NextEnergy Capital
NextEnergy Capital, a leading global fund manager specializing in ground-mounted solar energy, will boost its investments in renewables around the w...
LG Energy's 2nd bond issue hits record $4.2 bn in bids
LG Energy Solution Ltd., the world’s second-largest rechargeable battery maker, drew a record 5.61 trillion won ($4.2 billion) in bids for a S...
Doosan to form $75 mn fund for new techs
Doosan Investment, the corporate venture capital (CVC) arm of South Korea's Doosan Group, has formed a 100 billion won ($75 million) fund, focusin...
S.Korean investors name their 42 favorite alternative asset managers
Apollo Asset Management, Warburg Pincus and Lexington Partners are South Korean institutional investors’ most preferred private equity firm...
Harim gives up HMM deal over management rights dispute
South Korea's leading poultry processor Harim Co. has walked away from a $5 billion deal to buy HMM Co., South Korea’s No. 1 ocean carrier, re...
KIC posts 11.6% return for 2023 amid tech stock boom
Sovereign wealth fund Korea Investment Corporation (KIC) posted an 11.6% return for last year, driven by strong gains on listed stocks. The state-ru...
Aptiv to cut stake in Motional, self-driving JV with Hyundai
Aptiv PLC, a US autonomous driving technology company, has decided to reduce a significant portion of its stake in Motional, a self-driving tec...
Korean LPs seek private equity secondaries amid liquidity crunch
Secondary strategy is South Korean institutional investors’ top pick for private equity investments for two straight years, a survey showed. Man...
Korean LPs stick to private debt amid market uncertainties
South Korean limited partners will tap private debt as their most preferred asset class in 2024 to secure stable income amid geopolitical conflicts an...
Rebellions raises $124 mn to co-develop AI chip with Samsung
South Korean fabless artificial intelligence chip startup Rebellions Inc.’s plan to co-develop the next-generation AI chip with the world&rsqu...
Central, South America: Korean builders’ El Dorado
South Korean construction companies are penetrating deeper into Central and South America, where high demand for infrastructure facilities is now se...
Private debt, infrastructure remain top picks for Korean LPs in 2024
Private debt and infrastructure will remain South Korean institutional investors’ favorite alternative asset classes for the second straight yea...
Korea’s KIC opens Mumbai office to spur emerging market investment
Sovereign wealth fund Korea Investment Corporation (KIC) said on Monday it has launched its Mumbai office, establishing the state-run fund’s f...
Kakao to replace K-pop pioneer SM execs over poor governance
Kakao Corp. is set to replace executives of SM Entertainment Co., who ousted its founder Lee Soo-man when the South Korean mobile giant acquired the...
Flashlight Capital urges KT&G to sue its directors for negligence
Singapore-based investment management firm Flashlight Capital Partners Pte. (FCP) has urged South Korean tobacco maker KT&G Corp. to sue its inc...
MyRealTrip attracts $57 mn investment
South Korea's travel app MyRealTrip announced on Friday that it has attracted 75.6 billion won ($56.55 million) investment from domestic and foreign...
Korean military fund anchors $142 mn real estate fund
South Korea’s Military Mutual Aid Association (MMAA), a retirement savings fund for military personnel, is set to become an anchor investor in...
Woori Financial to bolster private banking service: chairman
Woori Financial Group, South Korea’s fourth-largest financial holding company, will reinforce its wealth management service for high-net-worth...
Korean learning platform Elice raises $14.9mn from Vertex
Elice Inc., a South Korean startup offering an all-in-one digital learning platform for teachers and corporations, will transform into an artificial...
NPS picks tech, electronics as its favorite local stocks in 2023
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, picked information tech, electric and electronic s...
Celltrion Holdings eyes Nasdaq IPO by early 2025: chairman
South Korean biosimilar giant Celltrion Group is planning to debut on the Nasdaq market by early 2025, founder and Chairman Seo Jung-jin said at the...
NPS bets on Samsung Electro-Mechanics, sells POSCO stocks in Q4
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, saw the amount of listed local shares it owns rise...
Celltrion revises up earnings goals to overtake Amgen
Celltrion Inc., South Korea's leading biosimilar maker, on Wednesday expressed its ambition to join the global top 10 biotech and pharmaceutical com...
Samsung eyes biotech investments via Flagship Pioneering
Samsung C&T Corp., Samsung Biologics Co. and Samsung Bioepis Co. will ramp up investments in US biotechnology startups in collaboration with Fla...
Kurly’s earnings rebound may put IPO back on track
Kurly Inc., South Korea’s dawn delivery pioneer of fresh produce, appears to be getting its delayed initial public offering back on track...
The North Face supplier Youngone lends $177 mn to Scott
Youngone Corp., a South Korean clothing manufacturer to global outdoor brands like The North Face and Patagonia, said on Thursday it has decided to ...
KEPCO sells 15% stake in KEPCO E&C for $269 million
Korea Electric Power Corp. (KEPCO), South Korea’s state-owned utility company grappling with mounting losses, has secured additional funds of ...
