NovaQuest Capital Management
Scope
Date
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Regulations
S.Korea to scrap capital gains taxes on financial products
South Korea will scrap a plan to impose taxes on capital gains from financial products for all shareholders and further lower securities transaction...
Jan 17, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion Holdings eyes Nasdaq IPO by early 2025: chairman
South Korean biosimilar giant Celltrion Group is planning to debut on the Nasdaq market by early 2025, founder and Chairman Seo Jung-jin said at the...
Jan 16, 2024 (Gmt+09:00)
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Energy
Iljin Electric secures $36 mn order for high-voltage cables in Malaysia
Iljin Electric, the integrated heavy electric device unit of South Korea's Iljin Group, announced on Tuesday that it has recently signed a contract ...
Jan 16, 2024 (Gmt+09:00)
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Electronics
Samsung unveils next-gen signage platform for B2B push
Samsung Electronics Co., the world’s top TV maker by sales, on Monday launched a next-generation signage operations platform to boost its pres...
Jan 15, 2024 (Gmt+09:00)
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Business & Politics
Former Hyundai Mobis CEO embarks on ISO president term
In a significant achievement for South Korea, Cho Sung-hwan, an advisor to Hyundai Mobis, has been elected as the first Korean president of the Inte...
Jan 15, 2024 (Gmt+09:00)
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Culture & Trends
S.Korea needs 35,000 additional foreign workers: study
The South Korean government plans to issue non-professional employment (E-9) visas to 165,000 foreign workers this year. However, claims have arisen...
Jan 08, 2024 (Gmt+09:00)
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Infrastructure
IGIS taps managing director Oh Taesuk as infrastructure head
IGIS Asset Management Co., a leading real estate firm in South Korea, said last week it has tapped Oh Taesuk, a real asset expert with more than 20 ...
Jan 08, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Korea’s Hancom buys document software firm Clipsoft
Hancom Inc., a homegrown office suite developer in South Korea, said on Friday that it has acquired local business-to-business (B2B) digital documen...
Jan 05, 2024 (Gmt+09:00)
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E-commerce
Kurly’s earnings rebound may put IPO back on track
Kurly Inc., South Korea’s dawn delivery pioneer of fresh produce, appears to be getting its delayed initial public offering back on track...
Jan 05, 2024 (Gmt+09:00)
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Advertising & Marketing
Innocean establishes social marketing subsidiary
Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, announced on Wednesday that it has established its social m...
Jan 03, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Naver Whalebook supply volume triples in 2023
South Korea's Naver Cloud, the cloud computing arm of Naver Corp., announced on Friday that the distribution volume of Whalebook has tripled compa...
Dec 29, 2023 (Gmt+09:00)
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Real estate
ESR KendallSquare REIT leads Korean logistics sector
ESR KendallSquare REIT, overseeing 18 advanced logistics centers across South Korea, adeptly handled challenges in the real estate sector this year....
Dec 25, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Korea’s Glenwood PE in spotlight with carve-out deals
South Korean investment firm Glenwood Private Equity Co. is solidifying its leading position with a carve-out strategy in the domestic market, execu...
Dec 25, 2023 (Gmt+09:00)
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Electronics
Korea’s troubled kimchi fridge maker Winia seeks new owner
Winia Co., South Korea’s troubled kimchi refrigerator manufacturer under court receivership, is looking for a new owner to save the company fr...
Dec 21, 2023 (Gmt+09:00)
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Private equity
Campbell Lutyens taps ex-KIC PE chief as Korea head
Campbell Lutyens & Co. Ltd., a UK private equity advisory firm, has tapped sovereign wealth fund Korea Investment Corporation (KIC) former PE he...
Dec 21, 2023 (Gmt+09:00)
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Real estate
Warburg Pincus’ JV to invest in Korean prime warehouses
US private equity firm Warburg Pincus LLC said on Tuesday it will establish a joint venture in South Korea via its Asia real estate fund to invest i...
Dec 19, 2023 (Gmt+09:00)
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Electronics
LG Innotek develops wireless BMS for EVs
South Korean electronic parts maker LG Innotek announced on Sunday that it developed a cutting-edge wireless battery management system (BMS), a cr...
Dec 18, 2023 (Gmt+09:00)
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Leadership & Management
MBK raises Hankook bid price, asks FSS to probe Cho's stock purchase
The sibling rivalry for control of Hankook & Company Co., the holding firm of South Korea’s largest tire maker Hankook Tire & Techno...
Dec 15, 2023 (Gmt+09:00)
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Private equity
KKR promotes Keith Kim in Seoul office to partner
KKR & Co. Inc. has promoted Keith Kim (Kim Yang-han), managing director at the private equity giant’s Seoul office, to partner.Kim, who ma...
Dec 15, 2023 (Gmt+09:00)
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Pension funds
Korea's NPS taps Jun Ahn as real estate investment head
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, appointed Jun Ahn (Ahn Jun-sang) as its real estate inv...
Dec 14, 2023 (Gmt+09:00)
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Korean games
NCSOFT included in DJSI Asia Pacific Index
South Korea’s major game developer and publisher NCSOFT Corp. announced on Thursday that it was listed on the Dow Jones Sustainability Asia/...
Dec 14, 2023 (Gmt+09:00)
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Executive reshuffles
Kakao taps venture capital unit head as new CEO to lead reform
Kakao Corp., South Korea’s top mobile platform under fire for its extremely aggressive business expansion, tapped its venture capital unit hea...
Dec 13, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion’s Vegzelma listed on US PBM preferred drug list
South Korea's Celltrion Healthcare Co. announced on Tuesday that its anti-cancer biosimilar Vegzelma (active ingredient: bevacizumab) was listed as ...
Dec 12, 2023 (Gmt+09:00)
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Corporate restructuring
Kakao to tighten grip over units, rethink horizontal culture
Kim Beom-soo, founder and chairman of South Korea’s largest mobile platform Kakao Corp., said on Monday it will abandon its autonomous managem...
Dec 11, 2023 (Gmt+09:00)
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Mergers & Acquisitions
LIG Nex1 to buy quadruped robot maker Ghost Robotics for $240 mn
LIG Nex1 Co., a South Korean weapons system developer, has agreed to buy a 60% stake in Ghost Robotics Corp (GRC), a Philadelphia-based robot develo...
Dec 10, 2023 (Gmt+09:00)
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Shareholder activism
Palliser Capital urges Samsung C&T reform for $25 bn value-up
London-based hedge fund Palliser Capital said on Wednesday that Samsung C&T Corp. is 63% intrinsically undervalued and could increase its value ...
Dec 07, 2023 (Gmt+09:00)
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Construction
Korean Daewoo E&C seeks biz amid Indonesia’s new capital plan
South Korean Daewoo Engineering & Construction Co. is seeking business opportunities alongside Indonesia’s plan to relocate its capital as...
Dec 05, 2023 (Gmt+09:00)
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Executive reshuffles
SK Chair Chey calls on cousin for help in group management
SK Group Chairman Chey Tae-won has called on his cousin to help in the management of South Korea’s No. 2 conglomerate as it faces the challeng...
Dec 05, 2023 (Gmt+09:00)
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Short selling
HSBC, BNP Paribas reported to Korean prosecutors for naked shorting
The Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and BNP Paribas CIB have been reported to South Korean public prosecutors in violation of ...
Dec 04, 2023 (Gmt+09:00)
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Korean startups
Korea's startup ecosystem lags behind peers in global investments
South Korea’s startup environment lags behind major countries in terms of global expansion and foreign investment attraction, a report from st...
Nov 30, 2023 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer