Economy
Financing
[Market In] The Trap of 572.9 Billion in Goodwill… LOTTE Himart’s Financial “Optical Illusion”
LOTTE Himart(071840)Financial uncertainty is mounting at the company amid distortions in financial indicators caused by massive goodwill on its balance sheet. Goodwill—which far exceeds current assets…
Finance
Buying Back and Canceling 4 Trillion Won Worth of Treasury Stock… Competition Heats Up Among the Big Four Financial Institutions to Return Value to Shareholders
The four major financial groups (KB Financial Group, Shinhan, Hana, and Woori Financial), which posted record-breaking earnings, have resolved to invest 4.1 trillion won this year solely in the repurc…
Business·Industry
"People Still Line Up Even When Prices Rise"... MLCC Industry Smiles
As the shortage of multilayer ceramic capacitors (MLCCs) for artificial intelligence (AI) servers worsens, major manufacturers are beginning to raise prices in earnest. SamsungElectroMechanics has dec…
M&A·IB
"We're Fed Up with the National Growth Fund"... Many Fund-of-Funds Managers Postpone Formation [Market In]
The first regular investment round of the Master Fund—which was expected to prop up the venture capital market in the second half of this year with 1.8 trillion won in “ammunition”—is off to a rocky s…
Financing
[Market In] Second Year of VC Self-Regulation… What Is the Impact of Bonus Points from the Fund of Funds?
A self-regulatory program designed to evaluate the level of internal controls within the venture capital (VC) industry has entered its second year of implementation, but controversy over its effective…
M&A·IB
[Market In] Overseas Expansion Pays Off… IMM PE Expects to Realize Gains as Able C&C Continues to Grow
IMM Private Equity (IMM PE)’s Able C&C is accelerating its earnings recovery, driven primarily by its overseas operations. Although it was once dubbed IMM PE’s “problem child” due to the slump in the …
M&A·IB
Raising 500 billion in capital… Koramco to 'kick off' investment in the Public Officials' Pension Service real estate fund by year-end
Koramco Asset Trust is accelerating preparations to establish and invest in a 500 billion won domestic real estate blind fund, which it is creating in partnership with the Government Employees Pension…
Financing
[Market In] Kyobo Life to Issue Up to 400 Billion Won in Hybrid Capital Securities
Kyobo Life Insurance is set to issue up to 400 billion won in hybrid capital securities. This move is seen as an effort to manage capital adequacy by refinancing existing hybrid capital securities, fo…
Business·Industry
NEXENTIRE’s 2Q Operating Profit Down 19% Due to U.S. Anti-Dumping Duties… Revenue Growth Continues
A panoramic view of NEXENTIRE’s Seoul Research and Development (R&D) Center, “The Nexen University.” (Photo courtesy of NEXENTIRE)
NEXENTIRE(002350)Nexen Tire’s operating profit for the second qua…
Business·Industry
LGELECTRONICS Completes 100 Billion Won Share Buyback… Announces 89.7 Billion Won Interim Dividend
LGELECTRONICS will pay an interim dividend of 500 won per share on both common and preferred stock and will cancel the 100 billion won worth of treasury stock it recently purchased by the end of the y…