THE INVESTOR

▶주메뉴 바로가기

▶본문 바로가기

The Korea Herald

Markets

October 14, 2020
KB, SC Bank, Mirae Asset Daewoo get top grades in governance, ESG

Standard Chartered Bank Korea, KB Financial Group and Mirae Asset Daewoo were recognized for their best practices in corporate governance and ESG management, respectively, the companies said Wednesday. SC Bank Korea, wholly owned by London-based Standard Chartered Bank, received the “A+” rating...
October 13, 2020
NTS returns W300b tax to overseas funds after losing lawsuits

South Korea’s tax agency has returned over 300 billion won ($260.89 million) of corporate tax to overseas funds over last five years, after losing lawsuits related to tax returns. According to data compiled by the National Tax Service, NTS had a total of 14 administrative litigation cases regar...
October 13, 2020
Kakao affiliate Kids Note sets its eyes on IPO in 2022

Kids Note, an operator of a mobile platform for nursery schools and parents in South Korea, said on Oct. 13 it was preparing to go public in 2022. As part of its initial steps for the planned initial public offering, the company has recently picked Daishin Securities as a lead underwriter. F...
October 12, 2020
Com2us acquires German sports game company

South Korean mobile game developer Com2us said on Oct. 12 it had acquired a 100 percent stake in German sports game company Out of the Park Developments, the company’s first foreign takeover. Com2us, which already offers sports games officially licensed by Major League Baseball, the National Bas...
October 12, 2020
BNP Paribas moves to defend partnership with Shinhan Financial Group

Shinhan Financial Group said Oct. 12 that minority shareholder BNP Paribas has bought a stake worth an undisclosed amount in the South Korean banking group by securing the minimum threshold to keep the strategic partnership intact after a scheduled equity increase. According to Shinhan, BNP Pariba...
October 08, 2020
Finance minister considers easing ‘large shareholder’ standards

Amid fierce backlash from retail investors on the Korean government’s major shareholder standards, the Finance Ministry is currently mulling to alter its plan to define retail investors with shares worth 300 million won ($260,000) as large shareholders. “The financial authority is considering t...
October 07, 2020
Citibank Korea set to name first female CEO

Yoo Myung-soon, interim chief executive officer of Citibank Korea, was recommended as the sole candidate for the bank‘s top post, paving the way for her to become the first female CEO of the local branch of the US lender. The appointment recommendation committee under the South Korean subsidiar...
October 07, 2020
GS Caltex acquires stake in Vietnamese car wash startup

GS Caltex said on Oct. 7 it signed an investment agreement with a Vietnamese car wash startup to expand its auto repair and lubricants businesses in the Southeast Asian country. According to the South Korean refiner, it will invest 39 billion dong ($1.6 million) to acquire a 16.7 percent stake in...
October 06, 2020
Top fried chicken franchise Kyochon to go public next month

Kyochon F&B, South Korea’s largest fried chicken franchise, will go public next month, aiming to secureup to 71.3 billion won ($61.4 million) of funding. According to the company’s securities report submitted to the Financial Services Commission on Oct. 5, the fried chicken franchise will issue...
October 05, 2020
Retail investors rush to submit deposits for Big Hit’s public subscription

Within less than an hour, nearly 2.7 trillion won ($2.32 billion) flowed into brokerages handling a two-day public subscription for shares of Big Hit Entertainment, the agency behind K-pop sensation BTS, Monday, reflecting explosive interests from retail investors, industry insiders said. Retail ...
September 29, 2020
KG Group to acquire Hollys Coffee for W145b

Chemical-to-financial conglomerate KG Group said Tuesday that it would take over a 93.8 percent stake in Hollys F&B from investment firm IMM Private Equity. Hollys F&B owns Hollys Coffee, one of the largest coffee franchises in South Korea. With the acquisition deal, KG Group will own slightly mo...
September 28, 2020
Antitrust watchdog drafts law to regulate online platforms

South Korea’s antitrust watchdog said Monday that it has drafted a bill to regulate dominant online platform operators as unfair trade has become a reality in the sector amid the surge in digital transactions caused by the pandemic. The proposed Act on the Fairness of Online Platform Transaction...
September 25, 2020
Lotte Insurance denies rumors of self-delisting plan

Lotte Insurance said on Sept. 25 that it would not consider delisting itself from the country’s main bourse Kospi, refuting rumors by some local media reports. Followed by the nation’s sole bourse operator’s call for explanation on the delisting rumors, the insurance firm made its official an...
September 24, 2020
Korean lenders struggle with New York hotel-retail project investment

Major South Korean lenders’ decision to invest some $100 million in a hotel and retail project at 20 Times Square in New York in 2018 has come back to bite them two years later, with the property’s foreclosure last year continuing to wreak havoc, local reports said on Sept. 24. In 2018, French ...
September 21, 2020
Litigations pile pressure on Mirae Asset Group

Korean investment banking group Mirae Asset Group is being swamped by litigations at home and abroad, including one against China’s Dajia Insurance Group surrounding high-profile hotel deals in the United States, filings showed Monday. As of the end of June, the total litigation costs incurred to...

1 2 3 4 5 6 7 8 9 10

EDITOR'S PICKS

Herald Corporation |
CEO : Jeon Chang-hyeop |
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |
Title : The Investor |
Date of registration : 2015.04.28

Publisher. Editor : Jeon Chang-hyeop |
Chief Privacy Officer & Juvenile Protection Manager : Kim Young-won |
T +82-2-727-0114

FAMILY SITE GO

Company Registration No. 104-81-06004 |
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590 |
Business info |
Gov’t registration No. Seoul 아04099