share value-up program
Scope
Date
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Mergers & Acquisitions
Korea’s Cactus PE to buy stake in Kosdaq-listed EV parts firm
South Korea’s Cactus Private Equity is set to acquire a stake in YM Tech Co., a Kosdaq-listed electric vehicle (EV) parts maker, for nearly 20...
Jan 22, 2025 (Gmt+09:00)
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Korean chipmakers
SK Hynix sharply narrows gap with Samsung’s market cap
SK Hynix Inc. has significantly raised its value by bolstering its presence in the artificial intelligence memory market, threatening Samsung Electr...
Jan 22, 2025 (Gmt+09:00)
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Airlines
Sono Hospitality heralds proxy fight to control T’way Air
Sono Hospitality Group, South Korea’s top resort operator, has vowed to more actively horn in on the business of T'way Air Co., portending a p...
Jan 22, 2025 (Gmt+09:00)
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Robotics
Koh Young gets OK from FDA for brain surgery robot
Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, said on Monday it got 501K...
Jan 21, 2025 (Gmt+09:00)
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IPOs
LG CNS set to price February IPO at top of price band
LG CNS Co., an information technology service company, is set to price its initial public offering at the top of its proposed price range to raise 1...
Jan 15, 2025 (Gmt+09:00)
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Real estate
NCSOFT’s NC Tower up for sale with its value estimated at $272 million
The sales of several office buildings along Teheran-ro in Seoul's upscale Gangnam Business District (GBD) are gaining momentum.The bidding for the...
Jan 10, 2025 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics signs initial deal with LigaChem Bio on ADC production
Samsung Biologics Co., the world’s largest contract drugmaker, said on Thursday it has signed an initial agreement with LigaChem Biosciences I...
Jan 09, 2025 (Gmt+09:00)
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Memo from Howard Marks
Prices are not high enough? Trees don't grow to the sky
The S&P 500 index just experienced its best two-year streak since the 1997-98 Asian financial crisis, with the hype surrounding artificial intel...
Jan 09, 2025 (Gmt+09:00)
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Mergers & Acquisitions
MBK Partners’ vice chair vows to hike Korea Zinc’s value to $20.6 billion
The battle over Korea Zinc Inc.'s management control between Korea Zinc Chairman Choi Yun-birm and the Young Poong Corp.-MBK Partners alliance has b...
Jan 08, 2025 (Gmt+09:00)
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Economy
South Korea jumps to world’s No. 6 exporter; 2025 outlook dims
South Korea has sharply narrowed the gap in export value with Japan to a record low of $20.2 billion so far this year. But the country’s expor...
Dec 29, 2024 (Gmt+09:00)
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Batteries
SK Nexilis gets $133 mn subsidy from Poland
South Korea's SK Nexilis Co., the world’s largest copper foil maker, said on Monday it received a $133 million subsidy from the Polish gover...
Dec 26, 2024 (Gmt+09:00)
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Cryptocurrencies
Koreans flock to cryptos amid Trump-fueled crypto craze
The number of South Koreans investing in cryptocurrencies recently broke past 15 million — about 30% of the country’s population —...
Dec 26, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. to buy controlling stake in SK’s specialty gas unit for $1.9 bn
South Korea’s private equity firm Hahn & Co. is set to acquire a controlling stake in the world’s top specialty gas producer SK Spec...
Dec 24, 2024 (Gmt+09:00)
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Foreign exchange
Korea to relax FX rules by December to boost dollar selling
South Korea will raise the limits on forward dollar purchases and expand the foreign exchange swap line between the National Pension Service (NPS) a...
Dec 23, 2024 (Gmt+09:00)
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Corporate strategy
POSCO Holdings unveils aggressive value-up plan, hike in cash dividends
South Korea’s steel-to-battery materials conglomerate POSCO Group on Monday unveiled a spate of corporate value-up measures, including a highe...
Dec 23, 2024 (Gmt+09:00)
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Automobiles
S.Korea's personal mobilities firm GCoo enters Africa
South Korean personal mobility (PM) company Gbike, the operator of PM sharing service platform Gcoo, said on Wednesday it started the electric kick ...
Dec 18, 2024 (Gmt+09:00)
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Shareholder value
LG Electronics to retire about $50 mn treasury stock in 2025
LG Electronics Inc. will retire 761,000 shares in 2025, or around 0.5% of its outstanding shares, to increase shareholder returns, the South Korean ...
Dec 18, 2024 (Gmt+09:00)
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Economy
Foreign workers in S.Korea surpasses 1 million
The number of foreign workers in South Korea has broken past the 1 million mark.According to Statistics Korea on Tuesday, as of May, there were 1.56...
Dec 17, 2024 (Gmt+09:00)
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Corporate strategy
Doosan Bobcat unveils massive corporate value-up plans
Doosan Bobcat Inc., a global construction machinery maker owned by South Korea’s Doosan Group, has unveiled massive corporate value-up measure...
Dec 17, 2024 (Gmt+09:00)
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Economy
S.Korea to hold IR session to unveil market-boosting steps
South Korea's government will host an overseas investor relations session to explain the country’s economic conditions and unveil market-boost...
Dec 16, 2024 (Gmt+09:00)
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Capital raising
Korean firms halt bond, share issues despite tighter liquidity
South Korean companies are postponing bond issues and initial public offerings on chilled investor sentiment in the aftermath of President Yoon Suk ...
Dec 11, 2024 (Gmt+09:00)
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Corporate restructuring
Doosan Robotics’ merger with Bobcat fails on share price plunge
Doosan Group on Tuesday canceled Doosan Bobcat Co.'s merger with Doosan Robotics Inc. again after President Yoo Suk Yeol’s failed martial law ...
Dec 10, 2024 (Gmt+09:00)
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Upcoming IPOs
LG CNS to use IPO proceeds to buy foreign IT firm
LG CNS Co., the information technology service unit of South Korea’s LG Group, plans to acquire a foreign IT company with the proceeds from it...
Dec 09, 2024 (Gmt+09:00)
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IPOs
Sono International seeks IPO in 2025 with $2.1 billion in corporate value
South Korea’s top resort operator Sono International Co. is seeking an initial public offering of its shares on the Korean market next year, r...
Dec 05, 2024 (Gmt+09:00)
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Korean stock market
Korean stocks diverge: Winners, losers of Yoon’s martial law debacle
South Korean stocks showed clear divergences on Wednesday amid a mixed market outlook as President Yoon Suk Yeol’s martial law declaration, re...
Dec 04, 2024 (Gmt+09:00)
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Retail
E-Land sets sights on Vietnam as its next China, to open 10 outlets by 2025
South Korea’s retail giant E-Land Group has set its sights on Vietnam as its next target market after China, planning to open 10 outlets there...
Dec 02, 2024 (Gmt+09:00)
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E-commerce
China’s Alibaba acquires 5% of Ably in 1st equity investment in Korean firm
Chinese online shopping giant Alibaba Group Holding Ltd. has invested 100 billion won ($71.4 million) in South Korea’s top women’s cloth...
Dec 02, 2024 (Gmt+09:00)
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Shareholder value
Hyundai Motor to buy back $720 mn in shares
Hyundai Motor Co. said on Wednesday it will buy back 1 trillion won ($720 million) in shares in line with the government campaign to unlock corporat...
Nov 27, 2024 (Gmt+09:00)
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Venture capital
S.Korean gov't eases restrictions on Korean investment in overseas startups
The companies founded by South Korean nationals abroad will be recognized as domestic companies if they contribute to the Korean economy, making it ...
Nov 25, 2024 (Gmt+09:00)
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Shareholder activism
Must Asset calls on Young Poong to take steps to boost shareholder value
South Korea’s Young Poong Corp., embroiled in a fierce management control dispute with Korea Zinc Inc., is now the target of an activist fund ...
Nov 25, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet