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Finance
DB Securities corporate bond bookbuilding draws 660 billion won of orders for 150 billion won offer
DB Securities said it attracted 660 billion won of valid buy orders in bookbuilding for its unsecured public corporate bonds, against an initial offering size of 150 billion won, a 4.4-to-1 bid-to-cover ratio. It plans to increase the issuance to up to 200 billion won. Orders were 340 billion won for 70 billion won of 1.5-year notes and 320 billion won for 80 billion won of 3-year notes.
Industry
Mplus first-half net profit 15.4 billion won, up 51.9 percent
Battery equipment company Mplus reported first-half net profit of 15.4 billion won, up 51.9 percent from a year earlier. Revenue was 83.0 billion won and operating profit was 14.2 billion won, keeping an operating margin of 17.1 percent. Gross margin rose to 28.2 percent. The company issued 20.0 billion won of unsecured private bonds and plans additional 20.0 billion won via a P-CBO to fund AIMR and other new businesses.
Games & Commerce
Naver, Kakao face growing pressure to deliver AI results despite record second-quarter outlook
Naver and Kakao are expected to post their best-ever second-quarter sales and operating profit, but both are struggling to gain market traction as their share prices remain weak. Naver hit a 52-week high last month before falling to a fresh 52-week low, while Kakao saw broker target prices cut despite an expected jump in operating profit. Analysts say the market is weighing the lack of clear, measurable AI business contributions, making second-half AI performance the key focus.