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IPOsCOVID-19 test kit supplier makes modest market debut
SD Biosensor Inc., the world's largest COVID-19 test kit seller, made a modest debut on the Korea Exchange on Friday, defying ma...
Jul 16, 2021 (Gmt+09:00)
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Mergers & AcquisitionsHyundai Oilbank set to sell oil storage arm ahead of IPO
Hyundai Oilbank Co., a South Korean refiner, is selling a majority stake in its wholly owned Hyundai Oil Terminal Co. to a Seoul...
Jul 16, 2021 (Gmt+09:00)
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Capital raisingKorea Inc. rush to sell property, new shares to fund new business
South Korea’s major companies are rushing to secure cash to fund new business. Some have sold or securitized property, w...
Jul 16, 2021 (Gmt+09:00)
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IPOsKakao Pay must refile IPO registration statement to FSS
South Korea’s financial regulator Financial Supervisory Service (FSS) on July 16 requested correction of Kakao Pay’s...
Jul 16, 2021 (Gmt+09:00)
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Hydrogen economyKorea forms ambitious public-private green ammonia alliance
South Korea has taken a major step forward in building the hydrogen economy by forming an extensive green ammonia alliance invol...
Jul 16, 2021 (Gmt+09:00)
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EV BatteriesLG Chem to form separator JV with Japan’s Toray
LG Chem Ltd., South Korea’s top chemical maker, and Japan’s Toray Industries Inc. will set up a joint venture (JV)...
Jul 16, 2021 (Gmt+09:00)
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Corporate investmentInvestors give warm welcome to Korean firms' capex hike for future growth
Capital raising through new share sales and debt to expand facilities wasn’t good news for investors as the move often led...
Jul 16, 2021 (Gmt+09:00)