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KT&G Faces Lawsuit Over 2.8 Trillion Won Invention Compensation… First Hearing on the 17th
Reporter Kim SangJin 2024.10.16
[Alpha Biz= Reporter Kim Sangjin] The first hearing of a civil lawsuit filed by a former KT&G researcher, who claims he did no ...

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Hyundai Engineering Wins 2 Trillion Won Solar Power Project in Serbia
Reporter Kim Jisun 2024.10.16
[Alpha Biz= Reporter Kim Jisun] Hyundai Engineering has secured a solar power project contract worth approximately 2 trillion won ...

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Hyosung Chairman Cho Hyun-joon Meets with Vietnam’s Prime Minister, Announces Additional 5 Trillion Won Investment
Reporter Kim Jisun 2024.10.16
[Alpha Biz= Reporter Kim Jisun] Hyosung Chairman Cho Hyun-joon Meets with Vietnam’s Prime Minister, Announces Additional 5 Trillio ...

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Daemyung Sono Group Accelerates Entry into Aviation Industry as Second Largest Shareholder of Air Premia
Reporter Kim Jisun 2024.10.16
[Alpha Biz= Reporter Kim Jisun] Daemyung Sono Group, led by the second-generation chairman Seo Jun-hyuk, has rapidly expanded its ...

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Korea Credit Rating Agency: Shinhan Investment Corp. Faces 130 Billion Won Loss, Negative Impact on Q3 Profitability
Reporter Kim Jisun 2024.10.16
[Alpha Biz= Reporter Kim Sangjin] Korea Credit Rating Agency (KIS) announced on October 15 that Shinhan Investment Corp. has incur ...

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Financial Supervisory Service Begins Accounting Review of Korea Zinc and Youngpoong
Reporter Kim SangJin 2024.10.16
[Alpha Biz= Reporter Kim Sangjin] The Financial Supervisory Service (FSS) has commenced an accounting review of Korea Zinc and You ...

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KT Union Opposes Subsidiary Establishment Decision, KT Promises Further Communication
Reporter Kim SangJin 2024.10.16
[Alpha Biz= Reporter Kim Sangjin] Following KT's board decision to establish subsidiaries responsible for telecommunications netwo ...

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Dongkook Pharmaceutical to Acquire reBom Cosmetics Cosmetics
Reporter Kim Jisun 2024.10.16
[Alpha Biz= Reporter Kim Jisun] Dongkook Pharmaceutical has announced its acquisition of 96,600 shares of reBom Cosmetics for 30. ...

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Binggrae Faces Internal and External Turmoil Amid Owner Risks and Fair Trade Commission Investigation
Reporter Kim SangJin 2024.10.16
[Alpha Biz= Reporter Kim Sangjin] The first trial of Kim Dong-hwan, CEO of Binggrae, who is accused of assaulting a police officer ...

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LG Family's Eldest Son-in-Law Supported Acquaintance with 1 Billion KRW in Living Expenses Over 10 Years
Reporter Kim SangJin 2024.10.15
[Alpha Biz= Reporter Kim Sangjin] The eldest son-in-law of the LG family, Kwan Yoon, CEO of BlueRun Ventures (BRV), has been revea ...

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Isu Chemical Faces Financial Challenges with 271% Debt Ratio Amid Support for Subsidiary Isu Construction
Reporter Kim SangJin 2024.10.15
[Alpha Biz= Reporter Kim Sangjin] Isu Chemical is grappling with increasing financial pressures due to a downturn in the petrochem ...

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Hyundai Construction and Holtec Selected as Final Candidates for UK's SMR Project; Final Decision Expected by Year-End
Reporter Kim SangJin 2024.10.15
[Alpha Biz= Reporter Kim Sangjin] Hyundai Construction and Holtec have been named as final candidates for the United Kingdom's fir ...

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Convenience Stores Raking in High Profits from Suppliers and Franchise Owners, Margins Higher than Department Stores
Reporter Kim SangJin 2024.10.15
[Alpha Biz= Reporter Kim Sangjin] Convenience stores are reportedly taking excessive profits from small suppliers and franchise ow ...

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Kyochon F&B Fined 280 Million Won for Abusing Power Over Suppliers Amid Ongoing Controversy
Reporter Kim SangJin 2024.10.15
[Alpha Biz= Reporter Kim Sangjin] The Korea Fair Trade Commission (KFTC) has imposed a corrective order and a fine of 280 million ...

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MBK and Youngpoong Secure Over 5% Stake in Korea Zinc Through Public Tender Offer
Reporter Kim SangJin 2024.10.15
[Alpha Biz= Reporter Kim Sangjin] MBK Partners and Youngpoong have successfully acquired over a 5% stake in Korea Zinc through a p ...

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Samsung Faces Hurdles in HBM Supply to NVIDIA, SK Hynix Poised to Maintain Market Dominance
Reporter Kim SangJin 2024.10.15
[Alpha Biz= Reporter Kim Sangjin] Samsung Electronics is facing challenges in supplying high-bandwidth memory (HBM), a critical se ...

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Korean Air has been fined 180 billion won (approximately $1.3 million) by Russian customs authorities.
Reporter Kim Jisun 2024.10.15
[Alpha Biz= Reporter Kim Jisun] Korean Air has been fined 180 billion won (approximately $1.3 million) by Russian customs authorit ...

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STgen Bio's Songdo Plant Receives FDA Approval for cGMP Compliance
Reporter Kim Jisun 2024.10.15
[Alpha Biz= Reporter Kim Jisun] STgen Bio, a subsidiary of Dong-A Socio Holdings, announced on the 14th that it has received appro ...

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Kiwoom Securities Secures Final Approval for Establishing Asset Management Firm in Singapore
Reporter Kim Jisun 2024.10.15
[Alpha Biz= Reporter Kim Jisun] On the 14th, Kiwoom Securities announced that it received final approval from the Monetary Authori ...

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Mirae Asset Initiates Sale of Shilla Stay Dongtan, Deal Expected to Exceed 100 Billion Won
Reporter Kim Jisun 2024.10.15
[Alpha Biz= Reporter Kim Jisun] As the domestic hotel market continues to boom, Mirae Asset Global Investments has begun preparati ...