Korean power plant
Scope
Date
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Batteries
SK, Group14 Technologies to build $726 mn battery material plant
SK Materials Co., the industrial gas manufacturing affiliate of SK Group, said on Tuesday it is jointly investing 850 billion won ($726 million) wit...
Sep 14, 2021 (Gmt+09:00)
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Tech crackdown bites Korea Inc.
Investors are selling technology stocks in a major Asian economy on regulatory worries just as one of the country’s biggest online payment com...
Sep 14, 2021 (Gmt+09:00)
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Mergers & Acquisitions
KDB chairman urges FTC to approve merger of Korean Air, Asiana
A speedy approval by South Korea’s top antitrust regulator of the proposed merger of Korean Air Lines Co. (KAL) and its local rival Asiana Air...
Sep 14, 2021 (Gmt+09:00)
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Petrochemicals
Coal price surge puts S.Korean petrochemical firms ahead of Chinese rivals
Rising coal prices in China will likely benefit South Korean petrochemical companies such as Lotte Fine Chemical and Hanwha Solutions, by strengthen...
Sep 13, 2021 (Gmt+09:00)
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Batteries
EcoPro BM to reveal overseas production plans in mid-Oct
South Korea’s battery materials maker EcoPro BM Co. is set to unveil its plans for manufacturing in other countries including the United State...
Sep 10, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha seeks more M&A targets: Group’s heir apparent
Hanwha, the South Korean chemicals-to-financial conglomerate, has been a key player in the M&A market with a series of acquisitions in recent ye...
Sep 10, 2021 (Gmt+09:00)
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App Developers’ Payments Dilemma: Easier With or Without Apple and Google?
SEOUL—South Korea’s app developers can soon sidestep the digital tollway mandated by Apple Inc. and Alphabet Inc.’s Goog...
Sep 10, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Lotte Shopping to acquire furniture maker Hanssem with IMM PE
Lotte Shopping Co., South Korea’s top department store operator, is set to acquire Hanssem Co. with IMM Private Equity.IMM PE selected Lotte S...
Sep 10, 2021 (Gmt+09:00)
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Pharmaceuticals
Medytox’s US business outlook dim as contract with AbbVie ends
South Korea’s pharmaceutical company Medytox Inc. has ended a botulinum toxin-related technology transfer contract with AbbVie, clouding its b...
Sep 09, 2021 (Gmt+09:00)
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Energy
Taihan Cable lands $36 mn US infrastructure deal ahead of LA Olympics
South Korea’s oldest electric wire maker Taihan Cable & Solution Co., formerly known as Taihan Electric Wire Co. until under IMM PE’...
Sep 09, 2021 (Gmt+09:00)
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IPOs
Hyundai Heavy becomes third-most subscribed Korean IPO
Hyundai Heavy Industries Co. became the third-most subscribed stock in South Korea after its initial public offering drew 1,130 trillion won ($968 b...
Sep 08, 2021 (Gmt+09:00)
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Hydrogen economy
Korean conglomerates bet big on hydrogen, launch H2 council
South Korea’s major conglomerates are going big on hydrogen, launching a business council and investing heavily in related projects to gain th...
Sep 08, 2021 (Gmt+09:00)
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Future mobility
Daimler working with Korean EV battery makers
Daimler AG is working with South Korean battery makers, already using their technology for electric sport utility vehicles (SUVs) of Mercedes-Benz, ...
Sep 08, 2021 (Gmt+09:00)
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Debt financing
LG set to fund OLED plant expansion with over $400 mn in new bonds
LG Display Co. will likely raise around 500 billion ($430 million) in new bond issues, more than its planned 300 billion won, to finance the expansi...
Sep 07, 2021 (Gmt+09:00)
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Korean startups
Streaming platform Mahocast eyes listing on Japan's Mothers market
TOKYO -- Japan-based concert streaming platform Mahocast, dubbed as the Netflix for concerts in Japan, is gaining attention as a venue for both musi...
Sep 07, 2021 (Gmt+09:00)
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Steel
Steel stocks rally on iron ore price falls, Q3 outlook
Shares in South Korean steelmakers rose sharply in active trade on Tuesday, on the prospect that the declining iron ore price and Chinese rivals' ou...
Sep 07, 2021 (Gmt+09:00)
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Travel & Leisure
Philippines LCS Group to invest more in Korea tourism
The Philippines LCS Group of Companies plans to expand investment in South Korea’s tourism as the Northeast Asian country is expected to attra...
Sep 07, 2021 (Gmt+09:00)
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M&As
Korean beauty brand Too Cool For School is up for sale
Too Cool For School Corp., a South Korean budget makeup and beauty brand, is up for sale as its two co-CEOs and related parties aim to sell their en...
Sep 07, 2021 (Gmt+09:00)
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M&As
SK Ecoplant to sell plant building business before IPO
SK Ecoplant Co., formerly known as SK Engineering & Construction Co., is in advanced stages of talks with a consortium of South Korea-based IUM ...
Sep 06, 2021 (Gmt+09:00)
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Mergers & Acquisitions
TikTok owner ByteDance in talks to invest $43 mn in Korea’s KidariStudio
South Korea’s online content platform KidariStudio Inc. will likely attract 50 billion won ($43 million) from China’s ByteDance Ltd., th...
Sep 06, 2021 (Gmt+09:00)
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Energy
KOGAS, Hanwha-led group to build Vietnam LNG power plant
Korea Gas Corp. (KOGAS) and Hanwha Energy Corp.-led group was set to build a $4.8 billion liquefied natural gas (LNG) power plant in Vietnam that is...
Sep 06, 2021 (Gmt+09:00)
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Real estate
Korean proptech startup RSquare enters Southeast Asia
South Korea’s online property platform RSquare aims Southeast Asian commercial real estate markets starting from Vietnam.RSquare said on Sept....
Sep 03, 2021 (Gmt+09:00)
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Energy
LG Chem to set up next-generation bio-oil plant in Korea
South Korea’s LG Chem Ltd. plans to build a next-generation bio-oil plant in the country with a local biodiesel company as the petrochemical m...
Sep 02, 2021 (Gmt+09:00)
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EV Batteries
LG Energy Solution, SK Innovation raise global battery market shares
LG Energy Solution Ltd. and SK Innovation Co. expanded global battery market shares, leading steady growth in South Korea’s battery industry.S...
Sep 01, 2021 (Gmt+09:00)
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Korean startups
NPIXEL emerges as fastest Korean game company to become unicorn
South Korea-based game developer NPIXEL Co. has become the country’s fastest game company to join the unicorn club after raising 100 billion w...
Sep 01, 2021 (Gmt+09:00)
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Chemical Industry
Sumitomo Chemical to build $90 million photoresist plant in S.Korea
Japan’s major chemical company Sumitomo Chemical Co. will invest more than 10 billion yen ($91 million) in South Korea to manufacture photores...
Sep 01, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Interpark draws cool response from Korean online giants
South Korea’s online retail platform Interpark Corp. has failed to drum up interest from the country's largest online platforms, including Nav...
Aug 31, 2021 (Gmt+09:00)
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IPOs
Blackstone, Hahn & Co. to make $800 mn in two Korean IPOs
South Korea's largest used car seller K Car Co., wholly owned by Hahn & Co., will go public on the country's main stock exchange in October, whi...
Aug 31, 2021 (Gmt+09:00)
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Korean games
Game firms seeking strong IP extend ties with content makers
South Korean game developers and publishers are increasingly building business alliances with players in the content industry through equity investm...
Aug 31, 2021 (Gmt+09:00)
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Alternative investments
Philippines LCS Group to join $1.7 bn Korean resort project
The Philippines LCS Group of Companies agreed to join a $1.7 billion resort development in South Korea, marking the first firm from the Southeast As...
Aug 31, 2021 (Gmt+09:00)
Latest News
- 1 Hyundai, Kia’s H1 vehicle sales in Singapore double, aided by HMGICS
- 2 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 3 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 4 AI startup MarqVision raises $16.5 mn to close Series A
- 5 Taihan Cable wins $630 mn power grid project in Singapore