Economy
M&A·IB
[Market In] In Line with Government Policy, the Venture Ecosystem Is Also Focusing on “Region-Specific” Sectors
As the government steps up its efforts to revitalize regional economies, initiatives to cultivate venture ecosystems—led primarily by local governments—are gaining momentum. Given that the industrial …
M&A·IB
Countdown to Mandatory Tender Offers… Will the Calculations for PEF Acquisitions of Listed Companies Change? [Market In]
With reports that the ruling and opposition parties have reached a tentative agreement on the “mandatory tender offer system”—which grants minority shareholders the opportunity to sell their shares at…
Business·Industry
Jay Y. Lee Buys 1.9 Trillion Won Worth of Samsung Shares from Mother Hong Ra-hee… Presumed to Repay Inheritance Tax Loan (Comprehensive)
SamsungElectronics Chairman Jay Y. Lee is purchasing approximately 1.94 trillion won worth of SamsungElectronics shares held by his mother, Hong Ra-hee, Honorary Director of the Leeum Museum of Art, i…
Business·Industry
[Breaking News] Jay Y. Lee Buys 7.18 Million Shares of Samsung Electronics Stock Worth 1.9 Trillion Won from His Mother, Hong Ra-hee
SamsungElectronics Chairman Jay Y. Lee is set to purchase approximately 1.94 trillion won worth of SamsungElectronics shares held by his mother, Hong Ra-hee, the former director of the Leeum Museum of…
Business·Industry
SK Hanik Union Begins Recount on Wage and Collective Bargaining Agreement… Will a Conclusion Be Reached Before Chuseok?
The SK hynix labor union will hold another general vote on the tentative collective bargaining agreement on the 15th and 16th. This comes three weeks after the tentative agreement reached by managemen…
M&A·IB
[Market In] KoreaZinc’s Board of Directors Reorganized 12-7… A Showdown Looms at Next Year’s Annual General Meeting
KoreaZinc(010130) The extraordinary shareholders’ meeting concluded with Chairman Yoon Choi’s faction successfully defending the separate election of audit committee members. However, given that the M…
Business·Industry
Korea Tourism Organization Spends 14.2 Billion Won on Overseas OTAs Over 6 Years… Criticized for Overreliance
It has been revealed that 8 out of 10 projects aimed at attracting foreign tourists, carried out by the Korea Tourism Organization (KTO) in partnership with online travel agencies (OTAs), were concent…
M&A·IB
[Market In] Hanwha and LG Corp. to Attend KoreaZinc’s Extraordinary General Meeting… Will This Become a Wild Card Amid the National Pension Service’s Neutral Stance?
KoreaZinc held an extraordinary general meeting of shareholders on September 9 at the Mondrian Hotel in Itaewon, Seoul
At the extraordinary general meeting of shareholders held today (the 9th) by…
Macroeconomics
After Excluding Samsung Electronics… Corporate Operating Profit Margin Plummets from 17% to 6%
Driven by the semiconductor boom, both growth and profitability among South Korean companies reached record highs in the second quarter. However, excluding Samsung Electronics and SK Hynix, the extent…
Finance
Low-Income Residents Struggling to Pay Even Monthly Rent… Subrogation Rates Triple, While Guarantees Plummet
The amount of money that guarantee agencies have paid on behalf of low-income earners and young people who were unable to repay their monthly rent loans has tripled in three years. In contrast, the sc…