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Private equityE-commerce platform TMON raises $276 mn in pre-IPO share sale
South Korea’s e-commerce platform TMON Inc., majority-owned by KKR & Co. and Anchor Equity Partners, has completed its...
Feb 19, 2021 (Gmt+09:00)
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EnergyCrude oil price rebound yet to spill over to Korean refiners
Crude oil prices have rebounded by more than 20% since the start of the year, but their recovering prices have not yet translate...
Feb 19, 2021 (Gmt+09:00)
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Private equityS.Korean internet-only bank seeks to raise $540 mn; attracts global PE firms
South Korea’s internet-only bank, K bank, is seeking to raise up to 600 billion won ($540 million) through a rights offe...
Feb 19, 2021 (Gmt+09:00)
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ElectronicsLG Innotek to up capex on camera modules ahead of new iPhone launch
South Korea’s LG Innotek Co., a major camera module supplier for Apple iPhones, will spend 80% of its 2020 operating profi...
Feb 19, 2021 (Gmt+09:00)
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Celltrion eyes COVID-19 vaccine development
South Korea-based Celltrion Inc. has alluded to the possibility of developing a COVID-19 vaccine on the grounds that securing a ...
Feb 19, 2021 (Gmt+09:00)
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IPOsS.Korean govt pushes dual-class share structure amid Coupang US listing
South Korea's ruling Democratic Party is set to pass a bill that will allow a dual-class share structure for unlisted companies ...
Feb 19, 2021 (Gmt+09:00)