hanwha fund manager reshuffle
Scope
Date
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Aerospace & Defense
KAI, Hanwha Systems to collaborate on special operations helicopter
Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, said on Thursday it signed an exclusive memorandum o...
Oct 04, 2024 (Gmt+09:00)
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Energy
Hanwha Q Cells sells 142 MW solar power plant in Washington
Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Wednesday that it sold a 142-megawatt solar pow...
Oct 02, 2024 (Gmt+09:00)
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Pension funds
S.Korea’s NPS investment arm suffers from chronic understaffing
South Korea’s largest institutional investor, the National Pension Service (NPS), managing 1,150 trillion won ($870.6 billion) in assets, stru...
Oct 02, 2024 (Gmt+09:00)
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Research & Development
S.Korea to offer incentives to attract foreign scientists
South Korea will offer incentives including a 50% income tax cut to attract foreign scientists to develop new growth drivers such as artificial inte...
Sep 29, 2024 (Gmt+09:00)
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ESG
Netmarble acquires ISO 45001 certification
Netmarble Corp. announced on Friday that it has become the first company in the Korean game industry to obtain the ISO 45001 certification for its s...
Sep 27, 2024 (Gmt+09:00)
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Beauty & Cosmetics
CJ OnStyle, Amazon support K-beauty to enter US market
CJ Onstyle, the at-home TV shopping and e-commerce brand of South Korea’s content and commerce powerhouse CJ ENM Co., said on Thursday th...
Sep 26, 2024 (Gmt+09:00)
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Robotics
CJ Logistics, Aidin Robotics to co-develop logistics robots
South Korea’s CJ Logistics and Aidin Robotics recently signed a memorandum of understanding to co-develop and commercialize logistics robots.U...
Sep 26, 2024 (Gmt+09:00)
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Mergers & Acquisitions
MBK ups Korea Zinc bid price as management feud intensifies
North Asia-focused private equity firm MBK Partners Ltd. has raised its bid price to take control of Korea Zinc Inc. by 13.6%, increasing the cost f...
Sep 26, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc to sell $301 mn in CPs amid management feud with MBK
Korea Zinc Inc., the world’s top zinc and lead smelter, is set to sell 400 billion won ($300.9 million) in commercial papers, its first fundra...
Sep 25, 2024 (Gmt+09:00)
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Batteries
LG Energy Solution’s battery management business gains traction
LG Energy Solution Ltd. has kicked off a battery management total solution (BMTS) business to offer automakers more advanced and comprehensive batte...
Sep 25, 2024 (Gmt+09:00)
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Food & Beverage
Hanwha Galleria acquires beverage manufacturer Pure Plus
South Korea's Hanwha Galleria Corp. said on Monday its acquisition of domestic beverage manufacturer Pure Plus.Pure Plus has focused on non-alcoholi...
Sep 24, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha, LG to support Korea Zinc in battle against MBK
South Korea’s Hanwha Group and LG Group are likely to help Korea Zinc Inc. fight against a takeover by MBK Partners Ltd. as the private equity...
Sep 23, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha unveils carbon-free gas carrier amid tougher rules
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has introduced a carbon-free gas carrier to meet the growing demand for eco-friendl...
Sep 20, 2024 (Gmt+09:00)
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Korean startups
Race to win tableside ordering market heats up in Korea
Baemin, South Korea's top food delivery platform, and the country’s leading travel and accommodation booking platform operator Yanolja Co. hav...
Sep 20, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean obtains AIP for liquefied hydrogen carrier
South Korea's Hanwha Ocean Co. said on Thursday that it obtained approval in principle (AIP) for an 80,000 cubic meter-class electric-propulsion liq...
Sep 19, 2024 (Gmt+09:00)
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Banking & Finance
Woori Financial launches $75 mn PF restructuring support fund
South Korea's Woori Financial Group has launched a 100 billion won ($74.96 million) project financing (PF) restructuring support fund.This marks the...
Sep 19, 2024 (Gmt+09:00)
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Automobiles
Kia, 42dot, Geotab to team up for PBV management system
Kia Corp. said on Friday it signed a memorandum of understanding (MOU) with 42dot and Geotab to develop a management system for purpose-built vehi...
Sep 13, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha teams up with Australian startup for space business
South Korea’s Hanwha Aerospace Co. has joined hands with Australian startup Gilmour Space Technologies in the space business, bolstering coope...
Sep 12, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha to take full control of S’pore Dyna-Mac with tender offer
South Korea’s chemicals-to-defense conglomerate Hanwha Group plans to acquire all shares it does not own in Dyna-Mac Holdings Ltd., a Singapor...
Sep 12, 2024 (Gmt+09:00)
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Energy
Hanwha Aerospace, SK Enmove develop fireproof ESS
South Korean companies have joined forces to develop the world’s first fireproof energy storage system (ESS) powered by liquid immersion cooli...
Sep 10, 2024 (Gmt+09:00)
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Artificial intelligence
Korea’s AI, robot startups shine despite funding drought
South Korea’s artificial intelligence and robotics startups raised more money through seed rounds than other sectors in August although invest...
Sep 10, 2024 (Gmt+09:00)
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Tech, Media & Telecom
KT applies AIoT video surveillance to EV charging stations
South Korea's KT Corp. said on Monday that it will expand its Artificial Intelligence Internet of Things (AIoT) video surveillance business to elect...
Sep 09, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems, WB Group to collaborate on SAR satellites
South Korea's Hanwha Systems Co. said on Monday that it signed a mid- to long-term business cooperation memorandum of understanding (MOU) for space ...
Sep 09, 2024 (Gmt+09:00)
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Robotics
Samsung’s Ballie, LG's Q9 AI robots steal the show at IFA 2024
BERLIN – Ballie, the artificial intelligence-powered companion robot developed by Samsung Electronics Co., has come a long way since the South...
Sep 06, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy passes Int'l Risk Management Standard audit
Samsung Heavy Industries, a leading South Korean shipbuilder, announced on Thursday that it has become the first in the Korean shipbuilding industry...
Sep 05, 2024 (Gmt+09:00)
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Korean stock market
Korea Investment Management to launch two India-focused ETFs
Korea Investment Management said on Wednesday it will launch two active exchange-traded funds (ETFs) targeting the Indian market on September 10.The...
Sep 05, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha signs MOU with WB Group for $2 bn Polish submarine project bid
Hanwha Ocean Co. said on Wednesday it has signed an initial agreement on business cooperation with Polish defense firm WB Group to raise its chances...
Sep 04, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Activst fund KCGI struggles to fund Hanyang Securities deal
KCGI, a South Korean private equity firm, has been struggling to raise funds for its 244.9-billion-won ($183 million) purchase of a controlling stak...
Sep 03, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha to bag up to $2.2 bn container ship order from Maersk
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, is expected to win its first container ship order from the world’s No. 2 ship...
Sep 01, 2024 (Gmt+09:00)
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Pension funds
NPS logs 9.71% return in H1 led by US tech stocks
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, posted a 9.71% investment return for the first half of ...
Aug 30, 2024 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand