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KAI Acquires Aerospace Firm Genoco, Aims to Make It a Core Subsidiary
Reporter Kim Jisun 2024.11.08
[Alpha Biz= Reporter Kim Jisun] Korea Aerospace Industries (KAI) announced on the 7th that it has signed an agreement to acquire m ...

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Lotte Chemical's Losses Widen Amid Basic Chemicals Slump: Focus on Financial Stability Through Asset-Light Strategy
Reporter Kim Jisun 2024.11.08
[Alpha Biz= Reporter Kim Jisun] Lotte Chemical's operating losses widened in Q3 due to a downturn in its basic chemicals business. ...

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Hanmi Group Family Clashes Ahead of Shareholder Meeting: CEO Lim Jong-hoon Vows to Retain Control
Reporter Kim Jisun 2024.11.08
[Alpha Biz= Reporter Kim Jisun] As the Hanmi Group family members remain divided between the mother-daughter alliance (the "triple ...

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SK On Decides on 500 Billion Won Capital Increase Following 1 Trillion Won Raised Last Month
Reporter Kim Jisun 2024.11.08
[Alpha Biz= Reporter Kim Jisun] SK On has decided to conduct a capital increase of 500 billion won, just one month after raising 1 ...

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MSCI Expected to Add Hyundai Rotem to KOSPI Index, While KT, Celltrion Pharm, and KUM YANG are Set to Be Excluded
Reporter Kim SangJin 2024.11.07
[Alpha Biz= Reporter Kim Sangjin] There is growing speculation that Hyundai Rotem (064350) will be added to the MSCI Korea Index, ...

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FSS Halts Korea Zinc's Rights Offering, Requests Revised Filing
Reporter Kim Jisun 2024.11.07
[Alpha Biz= Reporter Kim Jisun] Korea Zinc's planned 2.5 trillion KRW public offering to strengthen its defense of management cont ...

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Kakao Mobility Faces Hefty Penalties for Inflating Revenues Ahead of IPO
Reporter Kim SangJin 2024.11.07
[Alpha Biz= Reporter Kim Sangjin] Kakao Mobility (KaMo) faces heavy penalties from financial regulators for allegedly inflating it ...

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Hahn & Company, a domestic private equity firm, is once again pursuing the sale of automotive fuel pump manufacturer Coavis.
Reporter Kim SangJin 2024.11.07
[Alpha Biz= Reporter Kim Sangjin] According to sources in the investment banking (IB) industry on the 6th, Hahn & Company is w ...

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Naver News Search Service Temporarily Disrupted, Now Restored
Reporter Kim SangJin 2024.11.07
[Alpha Biz= Reporter Kim Sangjin] Naver News Search service experienced a brief outage on the afternoon of the 6th. According to i ...

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LG Display to Implement Voluntary Retirement for Office Workers After 5 Years
Reporter Kim SangJin 2024.11.07
[Alpha Biz= Reporter Kim Sangjin] LG Display will implement voluntary retirement for office workers, following a similar program f ...

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Hanwha's Vice Chairman Kim Dong-kwan Discusses Defense Industry Cooperation with Saudi Arabia
Reporter Kim SangJin 2024.11.07
[Alpha Biz= Reporter Kim Sangjin] Kim Dong-kwan, Vice Chairman of Hanwha Group, met with Abdullah bin Bandar Al Saud, the Saudi Ar ...

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Korean Air Surpasses 4 Trillion KRW in Q3 Revenue, Driven by Passenger and Chinese E-Commerce Cargo Growth
Reporter Kim Jisun 2024.11.07
[Alpha Biz= Reporter Kim Jisun] Korean Air reported over 4 trillion KRW in revenue for Q3, attributing strong performance to both ...

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LS Cable & System Partners with Norway's Equinor on South Korea's First Floating Offshore Wind Project
Reporter Kim Jisun 2024.11.07
[Alpha Biz= Reporter Kim Jisun] LS Cable & System has signed a Memorandum of Understanding (MOU) with Norway’s state-owned ene ...

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Baek Jong-won Becomes a 400 Billion KRW Shareholder with The Born Korea’s IPO Success
Reporter Kim Jisun 2024.11.07
[Alpha Biz= Reporter Kim Jisun] The Born Korea, led by CEO Baek Jong-won, made a strong debut on the KOSPI on November 6, soaring ...

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U.S. Activist Fund Acquires 5% Stake in Kolmar Holdings, Labels It ‘Passive Investment’
Reporter Kim Jisun 2024.11.07
[Alpha Biz= Reporter Kim Jisun] Dalton Investments, a U.S.-based activist fund manager, disclosed on the 6th that it now holds 1.7 ...

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Vidente Faces Fines and Prosecution for Accounting Violations
Reporter Kim Jisun 2024.11.07
[Alpha Biz= Reporter Kim Jisun] Broadcast equipment manufacturer and KOSDAQ-listed company Vidente has been flagged by financial a ...

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LG HelloVision Initiates First Voluntary Retirement Program Since Founding
Reporter Kim Jisun 2024.11.07
[Alpha Biz= Reporter Kim Jisun] For the first time since its establishment, LG HelloVision is offering a voluntary retirement prog ...

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HD Hyundai Heavy Industries and Labor Union Reach Tentative Wage Agreement with 129,000 Won Increase in Base Salary
Reporter Kim SangJin 2024.11.06
[Alpha Biz= Reporter Kim Sangjin] HD Hyundai Heavy Industries and its labor union have reached a tentative agreement on this year’ ...

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Hanwha Energy Acquires 7.25% Stake in Hanwha from Korea Zinc
Reporter Kim Jisun 2024.11.06
[Alpha Biz= Reporter Kim Jisun] On the 6th, Hanwha Energy announced that it will acquire a 7.25% stake in Hanwha, held by Korea Zi ...

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Hana Securities Raises Jeju Air Target Price to 120,000 KRW on Q3 International Fare Rebound
Reporter Kim SangJin 2024.11.06
[Alpha Biz= Reporter Kim Sangjin] On the 6th, Hana Securities raised the target price for Jeju Air (089590) from 110,000 KRW to 12 ...