Economy
M&A·IB
Inheritance Tax Bill Lands on the Choi Family of Korea Zinc… Will Their Controlling Stake Be Shaken? [Exclusive to Edaily]
An unexpected variable has emerged for the camp of Choi Yoon-beom, Chairman of Korea Zinc, who is currently embroiled in a management control dispute. This is because a relative and senior academic—Pr…
Financing
[Market In] From Bad Debts to Borrowing Emergency Funds… Hyundai Engineering & Construction’s Credit Rating Under ‘Warning’ Due to 7.7 Trillion Won in Accounts Receivable
#Hyundai Engineering & Construction has aggressively expanded its overseas operations but is experiencing a slowdown in cash flow due to its inability to collect construction payments on time. Despite…
Business·Industry
Dong-A Socio Group to Participate in BIO USA 2026
Dong-A Socio Group will operate a joint booth with Dong-A ST, ST Pharm, and BTGen at the “Bio International Convention 2026” (BIO USA 2026), taking place in San Diego, USA, from the 22nd to the 25th (…
Financing
[Market In] Clean Nation, Now on the Brink of Speculative Grade, Downgraded to BBB-
#Korea Ratings (KR) announced on the 17th that it had downgraded #Clean Nation’s unsecured corporate bonds and corporate credit rating (ICR) from “BBB (Negative)” to “BBB- (Stable).” The credit rating…
Business·Industry
Halozime Finally Abandons UK Patent… Good News for Alteogen? [Exclusive to Edaily]
#It has been confirmed that Altogen’s partner, Merck (MSD), has secured a complete victory in a lawsuit filed in the UK regarding Halozime’s European patent. With Halozime voluntarily revoking its UK …
Business·Industry
KEPCO Appoints Baek Woo-ki and Jeon Chan-hyuk as New Standing Directors
(From left) Baek Woo-ki and Jeon Chan-hyuk, new standing directors of Korea Electric Power Corporation (KEPCO).
#Korea Electric Power Corporation (KEPCO) appointed Baek Woo-ki and Jeon Chan-hyuk a…
Business·Industry
Wontech Obtains ‘Lavian’ Medical Device Certification in South Africa… Enters the African Market
#Wontech, a laser and energy-based medical solutions company, is expanding its reach to the African continent after obtaining medical device certification in South Africa for its cosmetic laser device…
Business·Industry
Penitrium Bio Begins Phase 1 Clinical Trial Combining Its Drug with ‘Keytruda’... Tackling the 137-Year-Old Challenge of Cancer Metastasis
#PenitriumBioScience, which has drawn attention from the global pharmaceutical and biotech industries by elucidating the mechanism of cancer metastasis—a problem that had remained unsolved in oncology…
Business·Industry
"No College Degree Required"... Job Seekers Flock to SK Hanik's Unconventional Hiring Drive
SK Hynix has decided to completely abolish educational requirements starting with its rolling recruitment for new employees, which begins on the 17th. The company aims to break down educational barrie…
Business·Industry
'Cumulative Technology Transfer Value Reaches 3 Trillion Won': Aimed Bio Sees a Series of ADC Technology Transfers
#AimedBio is drawing attention for achieving a cumulative total of 3 trillion won in technology transfer deals while still in the unlisted and preclinical stages. AimedBio was listed on the KOSDAQ mar…