STX Heavy
Scope
Date
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IPOs
Hyundai Heavy plans IPO this year; valuation to approach $4.5 bn
South Korea-based Hyundai Heavy Industries Co. is planning a trading debut this year, with the proceeds marked for future growth engines to power th...
Jan 26, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Hanjin Heavy set for sale to Dongbu-led consortium
A South Korean consortium led by construction firm Dongbu Corp. has been picked as the preferred negotiator to buy a controlling stake in cash-strap...
Dec 22, 2020 (Gmt+09:00)
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Energy
Doosan Heavy clinches $562 mn Guam power plant deal
Doosan Heavy Industries & Construction Co. has clinched an order to build a combined cycle power plant in Guam from a consortium of Kore...
Dec 21, 2020 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy hits jackpot again, clinches $915 mn ship orders
South Korea's major shipbuilding companies are on a winning streak, securing lucrative contracts to build liquefied natural gas (LNG) carriers, Ve...
Dec 16, 2020 (Gmt+09:00)
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Shipping & Shipbuilding
Three Korean consortiums in final bid for Hanjin Heavy
South Korea’s Hanjin Heavy Industries & Construction Co. has drawn three final bidding groups comprised of domestic companies and private ...
Dec 14, 2020 (Gmt+09:00)
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Mergers & Acquisitions
Hyundai Heavy tapped for Doosan Infracore purchase
A few months after announcing plans to sell a 36.07% controlling stake, Doosan Infracore Co. has found its new home in the world's largest shipbuild...
Dec 10, 2020 (Gmt+09:00)
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Mergers & Acquisitions
Hyundai Heavy endures to be likely buyer of Doosan Infracore
Hyundai Heavy Industries Holdings Co., the world's largest shipbuilder, is one step closer to acquiring a 36.07% controlling stake in Doosan Infracore...
Nov 24, 2020 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy, Daewoo Shipbuilding fetch over $4 bn in orders
South Korea’s shipbuilding industry appears to be entering full recovery mode after almost a year-long drought in orders thanks to Samsung Heavy...
Nov 23, 2020 (Gmt+09:00)
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Earnings
Companies listed on tech-heavy Kosdaq score high in Q3 on pandemic
South Korean companies listed on the tech-heavy Kosdaq market posted one of their best third quarters ever thanks to strong sales related to anti-viru...
Nov 19, 2020 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy, Samsung Heavy pull in over $1 trn in VLCC orders
South Korea’s shipbuilders have made a clean sweep of year-end orders owing to to contracts placed for very large crude carriers (VLCCs). Demand...
Nov 17, 2020 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy affiliate wins $375 mn order for 2 LNG carriers
Korea Shipbuilding & Offshore Engineering Co., a shipbuilding arm of Hyundai Heavy Industries Group, has won a 425 billion won ($375 million) orde...
Nov 02, 2020 (Gmt+09:00)
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Pre-IPOs
KKR mulls investment in Hyundai Heavy's maintenance arm
South Korea's leading shipbuilder Hyundai Heavy Industries Holdings Co. is in talks with global private equity firm KKR to secure investments as part ...
Oct 23, 2020 (Gmt+09:00)
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Doosan Infracore
GS E&C challenges Hyundai Heavy in Doosan deal
GS Engineering & Construction Co. (GS E&C) has joined the bidding for a stake in Doosan Infracore Co. after the bid submission deadline, a mov...
Oct 22, 2020 (Gmt+09:00)
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M&As
Hyundai Heavy, and five other Korean groups shortlisted for Doosan Infracore deal
Doosan Group has shortlisted six bidders, including Hyundai Heavy Industries Holdings Co., and four local private equity groups, to acquire a controll...
Oct 07, 2020 (Gmt+09:00)
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Heavy Industries
Korea’s Hanjin Heavy up for sale, preliminary bidding by Oct. 26
Creditors of Hanjin Heavy Industries & Construction Co. will put the cash-strapped South Korean shipbuilder up for sale next month as the lenders ...
Sep 28, 2020 (Gmt+09:00)
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M&As
Hyundai Heavy, MBK among prelim bidders of Doosan Infracore
Hyundai Heavy Industries Holdings Co., the world’s biggest shipbuilder and South Korea-based MBK Partners have submitted non-binding bids for a ...
Sep 28, 2020 (Gmt+09:00)
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Celltrion
Celltrion rebuts JP Morgan’s heavy downgrade; shares rebound from sharp fall
South Korea’s Celltrion Inc. on Sept. 10 rebutted J.P. Morgan’s massive downgrade of its target price for the biopharmaceutical company. T...
Sep 10, 2020 (Gmt+09:00)
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Doosan Group
Doosan Heavy seeks new buyer for construction arm after deal falls through
Doosan Heavy Industries & Construction Co. has begun fresh talks with potential buyers for construction affiliate Doosan Engineering & Constru...
Sep 08, 2020 (Gmt+09:00)
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Restructuring
Doosan Heavy to wrap up first-round restructuring with $1.1 bn new share sale
Doosan Heavy Industries & Construction Co. Ltd., the debt-ridden South Korean power plant builder, is set to wrap up the first round of its debt r...
Sep 04, 2020 (Gmt+09:00)
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Doosan Group
Doosan Heavy shares rally as investors look beyond financial woes
Shares of Doosan Heavy Industries & Construction Co. Ltd., a South Korean power plant builder, jumped to their highest level in more than two year...
Sep 01, 2020 (Gmt+09:00)
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Hyundai Heavy Industries
Hyundai Heavy world's first in LNG-powered container launch
South Korean shipbuilding giant Hyundai Heavy Industries Co. has launched the world’s first Very Large Container Ship (VLCS) powered by liquefie...
Aug 24, 2020 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai's first Saudi JV shipyard slated for 2023 completion
South Korea's Hyundai Heavy Industries Holdings Co. is scheduled to construct a large-scale shipyard for very large crude carriers (VLCCs) and a mar...
1 MINUTES AGO
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Business & Politics
HOLD: S.Korea's president-elect vows heavy govt spending
The ruling Democratic Party's Lee Jae-myung on Wednesday was elected as South Korea's next president, pledging heavy government spending such as cas...
1 MINUTES AGO
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HOLD: S.Korea's president-elect vows heavy govt spending
The ruling Democratic Party's Lee Jae-myung on Wednesday was elected as South Korea's next president, pledging heavy government spending such as cash ...
1 MINUTES AGO
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