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[THE INVESTOR] Korea-based IMM Investment and JKL Partners are set to acquire GS ITM, a subsidiary of GS Group, according to industry sources on Dec. 12. The consortium has signed an agreement to b...
[THE INVESTOR] Former MP Group Chairman Jung Woo-hyun officially conveyed to the Korea Exchange on Dec. 11 that he will no longer be involved in its management. His submission to the bourse operato...
[THE INVESTOR] Shares of Ananti, a Korean resort developer, soared on Dec. 11 on news that the company has appointed Jim Rogers, a prominent American investor, as a non-executive director. Ananti s...
[THE INVESTOR] E-mart, Korea’s largest discount chain operated by Shinsegae, announced on Dec. 7 that it will acquire US food retailer Good Food Holdings for US$275 million. The US-based firm owns ...
[THE INVESTOR] Taiwan-based Yuanta Securities plans to invest 200 billion won in E-World, an affiliate of Korean retail giant E-Land Group, according to sources on Dec. 7. The company will reported...
[THE INVESTOR] The head of Lotte Group said on Dec. 7 it will increase investments in Indonesia for win-win synergies between the two countries. During a groundbreaking ceremony of a Lotte chemi...
[THE INVESTOR] Lotte Shopping announced on Dec. 5 that it has injected 400 billion won (US$357.43) to spruce up its new premium outlet in Giheung, Gyeonggi Province, which is set to open on Dec. 6. ...
[THE INVESTOR] The total value of online shopping in Korea reached a record high in October, government data showed on Dec. 5. Total online transactions reached 10.04 trillion won (US$9.03 billi...
[THE INVESTOR] MP Group, which owns Korean pizza franchise Mr. Pizza, is likely be kick out of the second-tier KOSDAQ bourse, according to news reports on Dec. 5. Bourse operator Korea Exchange has...
[THE INVESTOR] Shilla Duty Free said on Dec. 5 that it has got an extension to sell duty-free liquor and beauty products at Singapore’s Changi Airport. Changi Airport Group said earlier it would...
[THE INVESTOR] Lotte Cultureworks, the retail giant Lotte Group’s cinema affiliate, said on Dec. 4 that it has made inroads into Indonesia, with a goal to open 20 movie theaters by 2020. As t...
[THE INVESTOR] Hyundai Department Store Group on Dec. 3 announced that it has acquired the entire stake in local construction material maker Hanhwa L&C for 336 billion won (US$302.23 million). The ...
[THE INVESTOR] The head of Korean retail giant Lotte Group left for Vietnam and Indonesia on Dec. 3 as the conglomerate moves to expand its presence in emerging Asian markets. The trip is Chairm...
[THE INVESTOR] Korean beauty startup B2LiNK announced on Dec. 3 that it has secured 17 billion won (US$15.27 million) from domestic and foreign investors. “We will use the money for establishing un...
[THE INVESTOR] Nature Republic, a Korean cosmetics firm, said on Dec. 3 it has opened four pop-up stores in Italy as it moves to its expand presence in overseas markets. It has signed an agreeme...
Woori Financial to acquire two Anbang-owned AMCs
Yanolja seeks talents for global biz expansion
WeMakePrice to start food delivery service
Hotel Shilla hit by drug scandal
YG Entertainment shares plunge amid tax probe
NPS to oppose Samsung Biologics’ proposals for shareholders meeting
Samsung develops next-gen DRAM chip
QARAsoft launches official version of robo advisor app Kosho
March 22, 2019
