Economy
M&A·IB
“The investment funds are still sitting in my bank account”… Why a startup founder ended up with 12 billion won in debt
'Related Parties'These five characters in an investment agreement rarely catch the eye of startup CEOs. It’s easy to dismiss them as merely a contractual term referring to the company’s CEO or largest…
M&A·IB
KIC Kicks Off Plans for a Korean-Style Temasek… Will Start by Amending Laws and Deploy Funds Next Year
Efforts to amend legal provisions to develop the Korea Investment Corporation (KIC) into a “Korean-style Temasek” are expected to begin in earnest. Rather than establishing a new sovereign wealth fund…
Financing
[Market In] LOTTE CHEMICAL CORPORATION Behind the Guaranteed Bonds… Breach of Covenants and 1.3 Trillion Won Trigger: “One Obstacle After Another”
LOTTE CHEMICAL CORPORATION(011170)continues its precarious balancing act. This is because the company is barely staying afloat by raising funds through corporate bonds backed by bank guarantees, even …
Business·Industry
Has the Semiconductor Boom Peaked?…TSMC Expands Aggressive Investment: "AI Demand Remains Strong"
Amid concerns that the semiconductor industry has passed its peak—the so-called “peak-out”—TSMC, the world’s largest semiconductor foundry, has announced record-breaking earnings that significantly ex…
M&A·IB
[Market In] Homeplus Secures 200 Billion Won in Funding… Chooses Appeal Over Bankruptcy
Homeplus has reestablished a foundation for recovery through a major compromise involving its major shareholders, creditors, labor unions, and political circles. This comes after MBK Partners and its …
Business·Industry
KMPHARMACEUTICAL Co.,Ltd. Releases Seohan Signed by CEO Baek Seung-won... “Restoring Trust Through Honest Communication”
KOSDAQ-listed company KMPHARMACEUTICAL Co.,Ltd.(225430), which has recently faced internal turmoil following its designation as a “monitored stock,” has released a Seohan signed by its CEO. The compan…
M&A·IB
[Market In] Holding a 1.8 Trillion Stake as a ‘Simple Investment’… What’s Behind Hoban’s Acquisition of HANJINKAL Shares?
Hoban Group has closed in on HANJINKAL Chairman Cho Won-tae, the largest shareholder, by acquiring shares in HANJINKAL(180640). Hoban’s stated purpose for investing in HANJINKAL remains “pure investme…
Business·Industry
Samsung Donates 200 Billion Won for Inclusive Finance… to Support 40,000 Vulnerable Individuals
Samsung is launching an inclusive finance initiative totaling 200 billion won to support the financial independence of financially vulnerable groups and small business owners. Major affiliates, includ…
Business·Industry
Just Say "Hi LGELECTRONICS" and Water and Ice Are Served Instantly… LGELECTRONICS Unveils AI-Powered Refrigerator with Ice and Water Dispenser
LGELECTRONICS has launched a new refrigerated ice water dispenser that uses artificial intelligence (AI) to dispense water and ice using only voice commands. Not only does it dispense water and ice in…
Business·Industry
SK hynix Spokesperson(?) Jensen Huang: “ADR Has Been Incredibly Successful”… Expected to Impact the Domestic Stock Market as Well
Jensen Huang, CEO of NVIDIA and a dominant force in the artificial intelligence (AI) semiconductor market, actively congratulated his partner company, SK hynix(000660), on its expansion into the U.S. …