Securities
Issues & Trends
"It Was a Major Asset Management Firm That Caused the Homeplus Crisis... But 'Small and Medium-Sized PE Firms Are Ending Up Taking the Blame'"
“If the limit on leveraged buyouts is reduced, small and medium-sized private equity funds (PEFs) that have been using leverage to increase deal sizes will be completely out of the game. While I under…
Issues & Trends
Calls for Private Equity Fund Regulation End Up Targeting Only Domestic Firms… Over 10 Regulatory Bills Have “Popped Up” in Just One Year
In the wake of the Homeplus crisis, political pressure on private equity fund (PEF) managers is intensifying. Over the past year alone, 11 bills aimed at regulating private equity funds have been prop…
Issues & Trends
Private Equity Funds Have Swollen to 167 Trillion Won… but Local Small and Medium-Sized Asset Managers Are on the Brink of Collapse
“Small and medium-sized private equity funds (PEFs) must give up investing in mid-sized companies and larger firms. Regulations are eliminating opportunities to build a track record, leading to a vici…
Issues & Trends
SMEC CO.,LTD Appeals Ruling Granting Preliminary Injunction to Inspect Accounting Records… “Legality of SNT Shareholders’ Exercise of Rights Is the Issue”
SMEC CO.,LTD(099440), a company specializing in machine tools and automation solutions, announced on the 24th that it has filed an appeal with a higher court against a court decision granting SNT Hold…
Issues & Trends
95% of POONGWON PRECISION Co.,Ltd.’s Rights Offering Goes Unsubscribed… Concluded with Sangsangin Co., Ltd. Acquiring the Remaining Shares
The 3 billion won rights offering by POONGWON PRECISION Co.,Ltd.(371950)achieved a dismal subscription rate of 4.85%. As a result, the lead underwriter, SANGSANGININVESTMENT&SECURITIES(001290), was le…
Issues & Trends
H.PIO Co.,Ltd Retires All 190,000 Shares of Treasury Stock… “To Strengthen Shareholder Returns”
Global health and lifestyle company H.PIO Co.,Ltd(357230), having posted its highest-ever first-half sales, is now stepping up shareholder returns through a share buyback and cancellation.
H.PI…
Issues & Trends
ONEUL E&M to Hold Investor Briefing on the 28th… “To Address Tax Risks and Share Business Strategy”
Hyulim Networks(192410)will hold an investor relations (IR) briefing to enhance shareholder value and strengthen communication with the market.ONEUL E&M announced on the 24th that it will hold an in-p…
KOSDAQ
LIGHTRON FIBER-OPTIC DEVICES to Issue 14.19 Million New Shares Over Three Months Through CB Conversion… Concerns Over Shareholder Value Dilution
Amid continued weakness in its core business, optical communications component manufacturer LIGHTRON FIBER-OPTIC DEVICES(069540)is issuing a large number of new shares through the conversion of conver…
Disclosure Plus
LS SECURITIES: Court Recommends Settlement in Lawsuit Related to China’s CERCG ABCP… 9.8 Billion Won in Principal Confirmed
On the 24th,LS SECURITIES(078020)announced a court-mediated settlement recommendation regarding a lawsuit filed by Korea Securities Finance Corporation seeking the return of unjust enrichment and othe…
KRX
"110 Trillion Won Cash Bonanza? I’m Not So Sure"—Disappointed Retail Investors… Samsung Affiliates Take a Hit
Following the announcement by SamsungElectronics(005930)of its largest-ever shareholder return program, the securities industry raised target stock prices for its affiliates— Samsung Life Insurance(03…