Mack Real Estate Group
Scope
Date
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Infrastructure
Macquarie Korea Asset Management confirms two nominees
Macquarie Group has named two executives at its Seoul-based real asset investment unit, which manages the main Kospi-listed Macquarie Korea Infrastr...
May 10, 2024 (Gmt+09:00)
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Travel & Leisure
Chinese group tours to Korea poised for strong revival
Chinese group tours to South Korea are showing signs of a rebound, about 10 months since Beijing lifted its bans on Chinese group tours to Seoul las...
May 09, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor Group has most IIHS ROP top safety pick cars
Hyundai Motor Group announced on Friday that the Hyundai Motor Co.'s IONIQ 5 achieved the highest rating of "Top Safety Pick Plus" (TSP+) in crash t...
May 03, 2024 (Gmt+09:00)
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Energy
Malaysia, OCI’s base set to beat Chinese polysilicon rivals
SARAWAK, Malaysia – OCI Group, South Korea’s leading chemical and green energy conglomerate, is expanding its polysilicon facility in Ma...
Apr 29, 2024 (Gmt+09:00)
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Short selling
Korea builds system to speed up naked short-selling ban
South Korea’s top financial regulator is set to build a centralized digital system to strengthen the prevention of naked short-selling as the ...
Apr 25, 2024 (Gmt+09:00)
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Banking & Finance
Hana Bank launches All-care Solution for Real Estate Wealth
South Korea's Hana Bank announced on Tuesday that it launched the premium real estate wealth management service Hana Real Estate All-care Solution i...
Apr 23, 2024 (Gmt+09:00)
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Earnings
Korean banking group's Q1 profits drop on ELS sales
The combined net profit at South Korea’s four largest financial services firms, including KB Financial Group, are estimated to have dropped ne...
Apr 23, 2024 (Gmt+09:00)
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Electric vehicles
Polestar 4 electric SUV coupe to hit South Korean roads in June
The Polestar 4 electric sport utility vehicle (SUV) coupe is set to make its debut in South Korea in June and targets deliveries from October, Swedi...
Apr 19, 2024 (Gmt+09:00)
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Real estate
Hanjin KAL to sell Waikiki Resort Hotel to Sono for $101 mn
Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., is set to sell a 100% stake in its Hawaii-based subsidiary Wai...
Apr 19, 2024 (Gmt+09:00)
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Private equity
MBK eyes stake in Korean software developer Tmaxsoft
North Asia-focused private equity firm MBK Partners is eyeing shares of South Korean enterprise software developer Tmaxsoft Co. around two years aft...
Apr 18, 2024 (Gmt+09:00)
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Corporate strategy
Samsung shifts to emergency mode with 6-day work week for executives
Executives at all Samsung Group units will work six days a week from as early as this week in a shift to emergency mode. The move comes as the won's...
Apr 18, 2024 (Gmt+09:00)
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Korean games
S.Korean game developers to utilize idol group IPs
Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., signed a licensing deal with SM Entertainment Co. to utilize idol ...
Apr 17, 2024 (Gmt+09:00)
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Private equity
Affinity to buy SK Rent-a-Car at $572 mn, more deals expected
Affinity Equity Partners is set to buy SK Rent-a-Car Co., South Korea’s No. 2 car leasing company, at some 800 billion won ($572 million), rai...
Apr 16, 2024 (Gmt+09:00)
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Electronics
Samsung to deploy smart home services in Miami
Samsung Electronics Co. announced on Sunday that it will deploy smart home services in the Miami residential complex, Florida with the US-based re...
Apr 15, 2024 (Gmt+09:00)
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Corporate strategy
SK Innovation reshuffles units to raise value
SK Innovation Co., South Korea’s top energy company, is reorganizing its subsidiaries to boost their individual values through independent man...
Apr 11, 2024 (Gmt+09:00)
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Private equity
Carlyle’s Rubenstein sees commercial real estate undervalued
The US commercial real estate market is undervalued relative to other sectors amid elevated interest rates, while Big Tech stocks could take a breat...
Apr 08, 2024 (Gmt+09:00)
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Artificial intelligence
LG Group’s AI academy to foster young talent bears fruit
On April 6, at LG Inwhawon, called LG Academy in English, in Icheon, Gyeonggi Province, 99 college students and twenty-somethings were wrestling wit...
Apr 07, 2024 (Gmt+09:00)
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Corporate restructuring
Hanwha's holding firm to hive off non-core businesses
Hanwha Corp., the holding company of South Korea’s chemicals-to-defense conglomerate, will hive off its wind power and offshore plant building...
Apr 04, 2024 (Gmt+09:00)
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AgTech
Avalve to export $1.5 mn smart farm solution to Vietnam
South Korea's smart farm startup Avalve announced on Friday that it signed a total of $1.5 million in memorandums of understanding (MOUs) with Vietn...
Mar 29, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Securities leads M&A of Trench Group
South Korea's Shinhan Securities announced on Friday that it participated as the lead underwriter in the merger and acquisition deal of Trench Group...
Mar 29, 2024 (Gmt+09:00)
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Corporate strategy
LG Group earmarks $74 bn for 5-year investment in Korea
LG Group, South Korea’s No. 4 conglomerate, on Wednesday announced a plan to invest 100 trillion won ($74 billion) through 2028 in its future ...
Mar 27, 2024 (Gmt+09:00)
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Machinery
Hanwha Ocean develops VR-based special vehicle simulator
South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Tuesday that it has developed the world's first virtual realit...
Mar 26, 2024 (Gmt+09:00)
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Construction
Ssangyong E&C wins deals for two Dubai luxury residences
Ssangyong Engineering & Construction Co. announced on Monday that it secured two luxury residence construction projects in Dubai, United Arab Em...
Mar 25, 2024 (Gmt+09:00)
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Batteries
POSCO new chief vows to keep fostering battery materials business
POSCO Holdings Inc.'s new Chairman Chang In-hwa on Thursday pledged to keep fostering its electric vehicle battery materials business, the group&rsq...
Mar 21, 2024 (Gmt+09:00)
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Corporate governance
Lotte Group to give more authority to outside directors
Food-to-retail conglomerate Lotte will expand the authority of outside directors by separating the roles of chief executives and board chairs at its...
Mar 20, 2024 (Gmt+09:00)
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Corporate investment
LG injects $97 mn into Vista Equity’s fund for new tech investments
LG Group, South Korea’s fourth-largest conglomerate, injected $97 million into a fund run by Vista Equity Partners Management LLC for investme...
Mar 20, 2024 (Gmt+09:00)
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Logistics
Hanjin, Tuushin Group to co-work for logistics in Mongolia
South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Wednesday that it signed a memorandum of understanding (MOU) wit...
Mar 20, 2024 (Gmt+09:00)
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Travel & Leisure
Interpark Triple launches travel platform Triple Korea
South Korea's retail and travel platform Interpark Triple announced on Tuesday that it launched the travel platform Triple Korea for foreign touri...
Mar 19, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung invests in BrickBio in US
Samsung Group announced on Tuesday that its Life Science Fund has invested in the US-based antibody-drug conjugates (ADC) and gene therapy technol...
Mar 19, 2024 (Gmt+09:00)
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Korea business lobby group eyes tax reform in new parliament
The Korea Enterprises Federation will reinforce efforts to win lawmakers’ nod to its long-desired campaign to slash corporate taxes and inheri...
Mar 18, 2024 (Gmt+09:00)
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