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Bithumb Alleged Owner Kang Jong-hyun Faces Legal Action Over Accounting Fraud
Reporter Kim SangJin 2024.11.08
[Alpha Biz= Reporter Kim Sangjin] Kang Jong-hyun, who is suspected to be the real owner of Bithumb's affiliated company, Vidente, ...

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Controversy Surrounds Korean Investment Firm's Large Sale on A-Lux's IPO Day
Reporter Kim SangJin 2024.11.08
[Alpha Biz= Reporter Kim Sangjin] Korea Investment & Securities (KIS), the lead underwriter and investor in A-Lux, is facing c ...

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Dae Shin Securities Reports 91% Drop in Q3 Operating Profit Due to Retail Weakness
Reporter Kim SangJin 2024.11.08
[Alpha Biz= Reporter Kim Sangjin] Dae Shin Securities announced on the 7th that its operating profit for Q3 2024 dropped by 91.4% ...

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CJ Logistics Acquires Additional Shares in Singapore Subsidiary for 115 Billion Won
Reporter Kim SangJin 2024.11.08
[Alpha Biz= Reporter Kim Sangjin] CJ Logistics announced on the 7th that it will acquire an additional 82,644,628 shares of its lo ...

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Hansae Yes24 Holdings Acquires Automotive Parts Company Irae AMS for 1.354 Trillion Won
Reporter Kim SangJin 2024.11.08
[Alpha Biz= Reporter Kim Sangjin] Hansae Yes24 Group has completed the acquisition of automotive parts company Irae AMS.According ...

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Coupang Breaks Ground on 100 Billion Won Logistics Center in Gimcheon, Gyeongbuk
Reporter Kim SangJin 2024.11.08
[Alpha Biz= Reporter Kim Sangjin] Coupang has officially begun construction on its Gimcheon Advanced Logistics Center in Gyeongsan ...

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Young Poong Seokpo Smelting Plant Faces Additional Shutdown Due to Regulatory Violation
Reporter Kim SangJin 2024.11.08
[Alpha Biz= Reporter Kim Sangjin] Young Poong Seokpo Smelting Plant, which recently received a 60-day shutdown for wastewater disc ...

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BGF Retail's CU Holds on to Convenience Store Leadership, While GS Retail's GS25 Falls Short
Reporter Kim SangJin 2024.11.08
[Alpha Biz= Reporter Kim Sangjin] BGF Retail, which operates the CU convenience store chain, announced on the 7th that CU's third- ...

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Korean Cosmetics Manufacturer Kolmar Korea Launches "Packaged Product Service" to Cut Product Launch Time by Up to 6 Months
Reporter Kim Jisun 2024.11.08
[Alpha Biz= Reporter Kim Jisun] Kolmar Korea, a leading cosmetics ODM (Original Design Manufacturer) company, announced on the 7th ...

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POSCO Group Considers Sale of Chinese Subsidiary as Part of Profitability Enhancement Plan
Reporter Kim Jisun 2024.11.08
[Alpha Biz= Reporter Kim Jisun] POSCO Group Chairman Jeong-Woo Choi, who has prioritized rebuilding competitiveness in the steel i ...

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NHN Withdraws from Taiwanese Webtoon Market, Following Full Southeast Asia Exit
Reporter Kim Jisun 2024.11.08
[Alpha Biz= Reporter Kim Jisun] NHN recently exited the Taiwanese market with its webtoon service "Pocket Comics," ending a seven- ...

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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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