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OCI agreed to sell its entire IFCO stake to Koch for $3.6 billion
Reporter Kim Jisun 2023.12.19
[Alpha Biz=(Chicago) Reporter Kim Jisun] Chemical producer OCI said on the 18th (local time) it has agreed to sell its entire stak ...

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Coupang and Naver borrowed 500 billion won from financial affiliates last year
Reporter Kim Jisun 2023.12.19
[Alpha Biz=(Chicago) Reporter Kim Jisun] Online platform companies that are expanding their business into the financial sector hav ...

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Samsung Heavy Industries was ruled to pay 378 billion won in compensation to SK Shipping due to defects in its LNG carrier.
Reporter Kim Jisun 2023.12.19
[Alpha Biz=(Chicago) Reporter Kim Jisun] Samsung Heavy Industries announced on the 18th the outcome of its arbitration court's rul ...

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The Ministry of SMEs and Startups will decide whether to request prosecution for Kakao Mobility to the Fair Trade Commission.
Reporter Kim Jisun 2023.12.19
[Alpha Biz=(Chicago) Reporter Kim Jisun] The Ministry of SMEs and Startups will hold a review committee meeting on the 19th to dec ...

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Kang Ho-sung, CEO of CJ Management Support, resigned
Reporter Kim Jisun 2023.12.19
[Alpha Biz=(Chicago) Reporter Kim Jisun] CJ Group reorganized its holding company CJ on the 18th. The main focus is to strengthen ...

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Samyang Group acquired US specialty chemical company for 330 billion won
Reporter Kim Jisun 2023.12.19
[Alpha Biz=(Chicago) Reporter Kim Jisun] Samyang Holdings announced on the 18th that it acquired the management rights of Verdant ...

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Lotte Chilsung raises the price of soju
Reporter Kim Jisun 2023.12.19
[Alpha Biz=(Chicago) Reporter Kim Jisun] Lotte Chilsung raises the price of sojuLotte Chilsung Beverage will raise the export pric ...

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Harim Group will acquire HMM for 6.4 trillion won
Reporter Kim Jisun 2023.12.19
[Alpha Biz=(Chicago) Reporter Kim Jisun] Harim Group embraces HMM, the largest container shipping company in Korea.The Korea Devel ...

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LG Display promotes paid-in capital increase worth 1.36 trillion won
Reporter Kim Jisun 2023.12.19
[Alpha Biz=(Chicago) Reporter Kim Jisun] LG Display is planning to increase its paid-in capital of 1.36 trillion won to strengthen ...

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POSCO Chairman Choi Jung-woo bought 300 million won worth of treasury shares.
Reporter Kim Jisun 2023.12.19
[Alpha Biz=(Chicago) Reporter Kim Jisun] POSCO Holdings Chairman Choi Jung-woo, whose term is due until March next year, recently ...

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Coupang takes over Farfetch, a luxury clothing platform in 190 countries
Reporter Kim Jisun 2023.12.19
[Alpha Biz=(Chicago) Reporter Kim Jisun] Coupang's parent company, Coupang Inc, announced on the 18th that it will acquire the wor ...

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Taihan Cable & Solution plunged by 16% due to paid-in capital increase allocated to shareholders of KRW 525.8 billion
Reporter Paul Lee 2023.12.18
[Alpha Biz=(Chicago) Reporter Paul Lee] Taihan Cable & Solution plunged more than 16% during trading on the 15th.As a result o ...

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Shinhan Bank is accepting its second voluntary retirement this year
Reporter Paul Lee 2023.12.18
[Alpha Biz=(Chicago) Reporter Paul Lee] Shinhan Bank has begun accepting applications for voluntary retirement at the end of the y ...

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Eco Materials surpassed 11 trillion won in market capitalization during the day
Reporter Paul Lee 2023.12.18
[Alpha Biz=(Chicago) Reporter Paul Lee] Shares of Eco-Promaterials soared to a market capitalization of KRW 10 trillion.As of 2:10 ...

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Woori Financial Group will acquire an additional 500 billion won in Woori General Financial Group shares
Reporter Paul Lee 2023.12.18
[Alpha Biz=(Chicago) Reporter Paul Lee] Woori Financial Group, a KOSPI-listed company, announced on the 15th that it will acquire ...

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Chung Young-chae, CEO of NH Investment & Securities Co., has filed a lawsuit against the Financial Services Commission to cancel the heavy punishment for Optimus
Reporter Paul Lee 2023.12.18
[Alpha Biz=(Chicago) Reporter Paul Lee] NH Investment & Securities CEO Chung Young-chae, who was severely punished for the Lim ...

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HD Korea Shipbuilding & Marine Engineering has won orders for three super-large ethane carriers worth 658.9 billion won
Reporter Paul Lee 2023.12.18
[Alpha Biz=(Chicago) Reporter Paul Lee] HD Korea Shipbuilding & Marine Engineering, HD Hyundai's intermediate shipbuilding hol ...

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Global Seah acquired Jeonju Paper and Jeonju One Power for 650 billion won
Reporter Paul Lee 2023.12.18
[Alpha Biz=(Chicago) Reporter Paul Lee] Taelim Paper, an affiliate of Global Sea Group (Chairman Kim Woong-ki), acquired Jeonju Pa ...

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LG Energy Solution and Hanwha Q CELLS confirm US IRA tax deduction by 2032
Reporter Paul Lee 2023.12.18
[Alpha Biz=(Chicago) Reporter Paul Lee] South Korean battery, solar and wind companies operating in the U.S., including LG Energy ...

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Former Samsung Electronics employee and partner manager arrested for leaking semiconductor technology to China
Reporter Paul Lee 2023.12.18
[Alpha Biz=(Chicago) Reporter Paul Lee] A former employee of Samsung Electronics and its partner company was arrested on the 15th. ...

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