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MBK Raises Tender Offer Price for Korea Zinc to 750,000 Won, Planning to Invest up to 2.4 Trillion Won
Reporter Kim Jisun 2024.09.26
[Alpha Biz= Reporter Kim Jisun] Private equity firm MBK Partners and the Young Poong Group alliance will raise the tender offer pr ...

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Dongkuk Steel, Weak Q3 Performance...Improvement Expected from Next Year," Hana Securities
Reporter Kim Jisun 2024.09.26
[Alpha Biz= Reporter Kim Jisun] Hana Securities has forecasted that Dongkuk Steel's sales and operating profit will decline year-o ...

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Prosecutors Indict Former Woori Bank Chairman Son Tae-seung’s Brother-in-Law for Improper Loans
Reporter Kim SangJin 2024.09.25
[Alpha Biz= Reporter Kim Sangjin] In connection with allegations of improper loans involving Son Tae-seung, the former chairman of ...

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Tscientific Partners with Bithumb to Strengthen Data Security and AI Projects
Reporter Kim Jisun 2024.09.25
[Alpha Biz= Reporter Kim Jisun] Tscientific has entered into a strategic partnership with Bithumb Korea (Bithumb) to enhance perso ...

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KFTC Conducts On-Site Investigation of 'The Born Korea' under Baek Jong-won for Franchise Law Violations
Reporter Kim SangJin 2024.09.25
[Alpha Biz= Reporter Kim Sangjin] The Korea Fair Trade Commission (KFTC) is conducting an on-site investigation at the headquarter ...

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Hanmi Semiconductor Enters 40 Billion KRW Stock Buyback Agreement to Enhance Shareholder Value
Reporter Kim SangJin 2024.09.25
[Alpha Biz= Reporter Kim Sangjin] Hanmi Semiconductor has signed a trust agreement for the repurchase of its own shares worth 40 b ...

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Korea Zinc Launches PR Campaign Against MBK Partners Takeover: "Our Technicians Will Resign"
Reporter Kim SangJin 2024.09.25
[Alpha Biz= Reporter Kim Sangjin] A fierce public relations battle is ongoing between Korea Zinc and the MBK Partners-Yongpoong al ...

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Samsung Establishes ₩1 Trillion 'Partner ESG Fund' with Interest-Free Loan Support
Reporter Kim SangJin 2024.09.25
[Alpha Biz= Reporter Kim Sangjin] On the 24th, Samsung Electronics signed a memorandum of understanding (MOU) at the Bank Hall in ...

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KT Announces Merger with Big Data Subsidiary KT NexR
Reporter Kim Jisun 2024.09.25
[Alpha Biz= Reporter Kim Jisun] KT announced on the 24th that it will absorb its big data subsidiary, KT NexR, through a merger.KT ...

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Hansei Industrial Acquires U.S. Textile Manufacturer Texollini
Reporter Kim Jisun 2024.09.25
[Alpha Biz= Reporter Kim Jisun] Hansei Industrial announced on the 24th that it has acquired Texollini, a leading U.S. textile man ...

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National Pension Service Files 510 Million Won Lawsuit Against Samsung Officials Over Merger Losses
Reporter Kim Jisun 2024.09.25
[Alpha Biz= Reporter Kim Jisun] The National Pension Service (NPS) has filed a lawsuit seeking damages against Samsung C&T and ...

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Prosecutors Receive Complaint on Allegations of Former President Roh Tae-woo's 30 Billion Won Slush Fund
Reporter Kim Jisun 2024.09.25
[Alpha Biz= Reporter Kim Jisun] The prosecution is considering an investigation into former President Roh Tae-woo's alleged slush ...

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5G Unlimited Data Plan Subscribers Decrease as Telecoms Revamp Pricing
Reporter Kim Jisun 2024.09.25
[Alpha Biz= Reporter Kim Jisun] As South Korean telecom companies have restructured their 5G plans, the number of subscribers to u ...

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Samsung Develops World's First 8th-Generation V-NAND-Based Automotive SSD
Reporter Kim Jisun 2024.09.25
[Alpha Biz= Reporter Kim Jisun] Samsung Electronics has announced the industry's first solid-state drive (SSD) optimized for auton ...

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57-Minute Outage Hits Naver Cafe, Service Now Fully Restored
Reporter Kim Jisun 2024.09.25
[Alpha Biz= Reporter Kim Jisun] An issue occurred with Naver Cafe's service on the 24th.According to Naver, from 3:54 PM to 4:51 P ...

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Lotte Moolsan Participates in Lotte REITs’ Capital Increase of 67 Billion Won
Reporter Kim SangJin 2024.09.25
[Alpha Biz= Reporter Kim Sangjin] Lotte Moolsan announced on the 24th that it will participate in a capital increase being conduct ...

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Nippon Steel to Sell Entire Stake in POSCO Holdings for 1.1 Trillion Won Amid Potential US Steel Acquisition
Reporter Kim Jisun 2024.09.24
[Alpha Biz= Reporter Kim Jisun] Nippon Steel announced its decision to sell its entire stake in POSCO Holdings (3.42%, or 2,894,71 ...

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Moody's Downgrades Korea Investment & Securities' Credit Rating Outlook from 'Stable' to 'Negative' Amid Real Estate PF Funding Risks
Reporter Kim SangJin 2024.09.24
[Alpha Biz= Reporter Kim Sangjin] Moody's has downgraded the credit rating outlook of Korea Investment & Securities from 'Stab ...

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Korea Electric Power Corporation Shares Plunge 8% Following Q4 Electricity Rate Freeze
Reporter Kim SangJin 2024.09.24
[Alpha Biz= Reporter Kim Sangjin] Korea Electric Power Corporation (KEPCO) saw its shares drop sharply by 8.43% to close at 20,100 ...

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Financial Supervisory Service Fines DB Insurance 200 Million Won for Excessive Premium Calculations
Reporter Kim SangJin 2024.09.24
[Alpha Biz= Reporter Kim Sangjin] The Financial Supervisory Service (FSS) has imposed a fine of 200 million won on DB Insurance fo ...