corporate venture capital fund
Scope
Date
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Shareholder activism
Two global shareholder voting advisors oppose activist funds in S. Korea
Institutional Shareholder Services (ISS) and Glass Lewis, the world's two biggest advisory bodies for shareholder voting rights, have recommended op...
Mar 20, 2023 (Gmt+09:00)
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Markets
Korean ETP market doubles amid increasing distrust of fund managers
South Korea’s exchange-traded product (ETP) market has doubled in four years as more investors preferred their own trades to discretionary inv...
Mar 20, 2023 (Gmt+09:00)
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Energy
OCI to expand polysilicon line, buy back shares to boost corporate value
OCI Co., a leading South Korean chemical and green energy company, plans to significantly increase the size of its upcoming share buyback and cancel...
Mar 19, 2023 (Gmt+09:00)
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Shareholder activism
ISS, Glass Lewis urge shareholders to veto activist fund's requests on JB
Proxy advisers Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. are urging shareholders of JB Financial Group Co., a South Ko...
Mar 17, 2023 (Gmt+09:00)
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ESG
ESG: Name of the game in investing, funding amid Korea’s green push
With South Korea’s aggressive green push at both the government and corporate levels, money is flowing back to environmental, social and gover...
Mar 16, 2023 (Gmt+09:00)
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Korean food
Korea Ginseng Corporation opens new R&D center in California
Korea Ginseng Corporation (KGC), a leading producer of Korean ginseng products, said on Wednesday that it has opened a new research and development ...
Mar 16, 2023 (Gmt+09:00)
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Fintech
TravelWallet succeeds in attracting $15 mn Series C funding
South Korea's TravelWallet, a global payment service provider, announced on Wednesday that it has raised 19.7 billion won ($15 million) in Series C ...
Mar 16, 2023 (Gmt+09:00)
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Energy
SGC Energy pursues transformation of biomass power plants in Vietnam
South Korea's SGC Energy Co. is pursuing a project to convert coal power plants abroad into those using biomass.The power supplier, which has secure...
Mar 15, 2023 (Gmt+09:00)
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Rights offerings
Hyundai Asan to sell $30.7 million worth of shares for capital restructuring
Hyundai Asan Co. under South Korean conglomerate Hyundai Group will raise 40 billion won ($30.7 million) in its seventh share sale since it was forc...
Mar 15, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK C&C to build advanced info systems for Nongshim's overseas corporations
South Korea's SK C&C, an IT services unit of SK Group, on Tuesday said it has started building next-generation information and communications ...
Mar 15, 2023 (Gmt+09:00)
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Future mobility
Tmap Mobility to sell all its 30% stake in joint venture with Grab
Tmap Mobility Co., the Korean navigation app company, announced on Tuesday its plan to sell its 30% stake in Grab Geo Holdings, a joint venture esta...
Mar 15, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korean biotech NKMax’s unit aims for US IPO
NKMax Co., a South Korean cancer drug maker, is in talks with local and foreign investors in a bid to list its California-based unit NKGen Biotech I...
Mar 14, 2023 (Gmt+09:00)
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Sovereign wealth funds
S.Korean sovereign wealth fund KIC to set up Mumbai office
Sovereign wealth fund Korea Investment Corporation (KIC) has kicked off procedures to open a Mumbai-based office later this year, The Korea Economic...
Mar 14, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung chief Lee vows bold investment to bolster chip R&D capabilities
Samsung Electronics Co. Chairman Jay Y. Lee pledged another bold investment in the world’s largest memory chipmaker’s next-generation se...
Mar 14, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. puts SK Shipping’s tanker business up for sale
South Korean private equity firm Hahn & Co. is seeking to sell SK Shipping Co.’s tanker division, a business widely seen as the breadwinne...
Mar 13, 2023 (Gmt+09:00)
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Travel & Leisure
H2O Hospitality rebrands itself as it eyes Middle East expansion
H2O Hospitality, a hospitality tech company that provides digital solutions for the hotel and tourism industry, said on Tuesday that it has rebrande...
Mar 10, 2023 (Gmt+09:00)
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Korean startups
Korea's StoneBridge Ventures invests $91 mn in semiconductor, AI
South Korean venture capital investment firm StoneBridge Ventures Inc. announced on Thursday that it has invested a total of 120 billion won ($90.9 ...
Mar 09, 2023 (Gmt+09:00)
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Electronics
LG Electronics opens R&D corporation in Hanoi, Vietnam
LG Electronics Inc. will upgrade its research and development (R&D) center in Vietnam to an official corporation and boost its electric vehicle ...
Mar 09, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Will SM shares’ bull run foil Kakao’s takeover attempt?
The bull run in shares of SM Entertainment Co. may deal a heavy blow to Kakao Corp. ’s 1.25-trillion-won ($950 million) takeover bid for the K...
Mar 08, 2023 (Gmt+09:00)
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Construction
Hyundai Eng. completes Lemba-Imbu water purification plant in DR Congo
Hyundai Engineering, a South Korean construction contractor, held a completion ceremony for the "Lemba-Imbu water purification plant phase 1 project...
Mar 08, 2023 (Gmt+09:00)
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Korean startups
Korea's AI startup Quantit attracts $23 mn Series A investment
South Korea's artificial intelligence (AI) company Vaiv Company Inc. announced on Tuesday that Quantit, its fintech subsidiary, has received a 30 bi...
Mar 08, 2023 (Gmt+09:00)
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Bio & Pharma
SK Plasma to build blood products plant in Indonesia
South Korea’s SK Plasma will build a blood products plant in Indonesia.Industry sources on Tuesday said the company recently received approval...
Mar 08, 2023 (Gmt+09:00)
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Companies
CJ CheilJedang opens internal venture development space Inno Play
South Korea's food and bio giant CJ CheilJedang Corp. on Sunday said it opened Inno Play, an office space for commercializing innovative ideas and d...
Mar 06, 2023 (Gmt+09:00)
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Sovereign wealth funds
S.Korea's KIC to strengthen responsible investments
Korea Investment Corporation (KIC) plans to actively voice its opinions on portfolio companies' management over the next two years to tighten its re...
Mar 06, 2023 (Gmt+09:00)
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Shareholder activism
KT&G’s hidden saviors in activist fight: In-house funds
KT&G Corp., the world’s fifth-largest tobacco maker, will likely get support from in-house shareholders in a battle against activist funds...
Mar 06, 2023 (Gmt+09:00)
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Mergers & Acquisitions
HYBE to raise up to $769 mn, new twist on battle with Kakao for SM
HYBE Co. is tightening the reins in its fight against Kakao Corp. for control of SM Entertainment Co. by raising up to 1 trillion won ($768.6 millio...
Mar 05, 2023 (Gmt+09:00)
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Mergers & Acquisitions
HYBE wins 2nd battle against Kakao over SM Entertainment
A South Korean court on Friday ruled in favor of SM Entertainment Co. Founder and former Chief Producer Lee Soo-man to block the company from sellin...
Mar 03, 2023 (Gmt+09:00)
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Shareholder activism
JB Financial refuses activist fund's request to increase dividends
South Korea’s JB Financial Group Co. has refused a local activist fund’s request to raise dividend payouts, stressing such a measure wil...
Mar 03, 2023 (Gmt+09:00)
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Pension funds
S.Korea's GEPS logs 10.2% return on alternative assets in 2022
South Korea’s Government Employees Pension Service (GEPS) had a 4.4% loss on investment last year, seeing its assets under management (AUM) dr...
Mar 01, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion teams up with bio venture to develop new anti-cancer drug
South Korea's biopharmaceutical company Celltrion Inc. will develop an anti-cancer drug that combines oncolytic virus technology with biosimilars un...
Feb 28, 2023 (Gmt+09:00)
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