Seoul calls for specific ethylene cut targets, demands shareholders’ fresh fund injections

South Korea’s financial regulators are calling on the country’s petrochemical producers to draw up sweeping self-rescue measures, includ...

Daishin, Hanwha seen leading bid for S.Korea’s top real estate investor IGIS Asset

The sale of a controlling stake in South Korea’s top real estate asset management firm IGIS Asset Management Co. is picking up pace, with Dais...

JP Morgan advises sale of Korea’s professional network Remember   

JP Morgan has been appointed to lead the sale of Remember & Company, the South Korean firm behind the country’s popular business card and ...

S.Korea to hike corporate taxes, broaden shareholder tax base

South Korea’s government and ruling Democratic Party on Tuesday agreed to raise the top corporate tax rate and lower the capital gains thresho...

Yulchon, FleishmanHillard sign partnership to strengthen shareholder activism advisory

Yulchon LCC, one of South Korea’s leading law firms, has signed a memorandum of understanding with FleishmanHillard Korea to strengthen their ...

Organic food chain Chorocmaeul up for sale amid liquidity woes

Financial investors in Chorocmaeul Co., a South Korean organic food store chain, are seeking to sell the management control of the company, which re...

BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders

BTS member Suga and former Major League Baseball (MLB) pitcher Chan Ho Park are putting their money on the Athletics, formerly the Oakland Athletics...

KKR in control feud over Korea’s top solar power plant

Global private equity giant KKR & Co. Inc. is embroiled in a management dispute over South Korea’s top solar power plant with key individu...

Miri Capital closes in on STIC Investments chairman’s stake

Miri Capital Management LLC has steadily raised its stake in STIC Investments Inc., narrowing the ownership gap with the firm’s founder and Ch...

DB Group eyes Hanyang Securities amid KCGI deal uncertainty

DB Group, which owns DB Securities Co. and DB Insurance Co., is considering acquiring Hanyang Securities Co., as a deal by South Korean private equi...

Tencent to become SM Entertainment's No. 2 shareholder via HYBE deal

Tencent Music Entertainment Group is set to become the second-largest shareholder of SM Entertainment Co. by acquiring HYBE Co.'s remaining shares i...

NPS to ramp up shareholder engagement with overseas companies

South Korea’s National Pension Service (NPS) plans to deepen shareholder engagement with its foreign portfolio companies, signaling a more ass...

NPS gobbles up Korea’s top 4 financial holding stocks

South Korea’s largest institutional investor, the National Pension Service (NPS), remains a strong backer of the country’s top four fina...

Korea’s Sono to sell Air Premia stake to focus on another LCC

South Korea's top resort operator Sono Hospitality Group has decided to sell its entire stake in low-cost carrier (LCC) Air Premia Inc. at a profit ...

DB Insurance becomes Daol Investment’s No.2 shareholder

DB Insurance Co., a leading South Korean non-life insurance company, has become Daol Investment & Securities Co.'s second-largest shareholder af...

Naver mulls acquiring about a 10% stake in Kurly

Naver Corp. is considering taking over a stake in Kurly Inc. to become the largest shareholder in the South Korean dawn delivery service market pion...

SoftBank-backed Yanolja raises stake in Modetour as No. 2 shareholder

South Korea’s top travel and accommodation booking platform operator Yanolja Co. has increased its stake in travel agency Modetour Network Inc...

Naver to build sovereign AI, says founder Lee after return

South Korea’s No. 1 internet portal operator Naver Corp. will build strong sovereign artificial intelligence to fight the growing dominance of...

Hana Financial to boost corporate value by raising shareholder returns

South Korea’s Hana Financial Group aims to increase corporate value by ramping up shareholder returns based on a sustainable profit structure ...

Shinhan Bank reclaims top spot as S.Korea’s leading lender

Shinhan Bank, a key arm of Shinhan Financial Group, reclaimed its position as South Korea’s top lender posting its largest-ever profit in 2024...

Hana Financial to buy back $280 mn shares after record 2024

Hana Financial Group will buy back 400 billion won ($280 million) worth of shares to retire, marking its largest-ever repurchase, in line with ongoi...

Korean B2B fintech firm Dozn plans Kosdaq IPO for $202.5 mn market cap

South Korea’s business-to-business fintech service provider Dozn is planning an initial public offering on the Kosdaq in February for an estim...

PCB maker Isupetasys cancels M&A with carbon nanotube producer

South Korean printed circuit board (PCB) maker Isupetasys Co. has withdrawn a 300-billion-won ($210 million) deal to buy Jeio Co., one of the countr...

LG Electronics secures control of Bear Robotics

LG Electronics Inc. has secured control of Bear Robotics Inc., a service robot developer, by raising its stake to 51% from 21% as it aims to expand ...

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...

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...

Korean activist investors to routinize campaigns throughout year

South Korea’s activist investors are set to routinize campaigns all year long rather than launch fresh moves only before annual general meetin...

MBK, Young Poong close in on majority of Korea Zinc

A consortium of MBK Partners and Young Poong Corp. has raised its stake in Korea Zinc Inc. to 46.7% of voting shares, drawing the group closer to ma...

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...

NPS steps back from Doosan Robotics' Bobcat merger

The National Pension Service (NPS) appears to be stalling on a vote for Doosan Robotics Inc.'s merger with Doosan Bobcat Inc., with major proxy advi...