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Search results for KOSPI200

Industry

Kim Dong-seon expands Hanwams tender offer to 26.20 million shares

Kim Dong-seon (김동선), head of future strategy at Hanwha Machinery and Service Holdings (Hanwha M&S), will increase the number of shares in a tender offer by 10.14 million. The total targeted amount will be 26.20 million common shares, about 31 percent of Hanwha M&S shares. The offer price remains 8,000 won per share and the offer period stays Oct. 12 to Nov. 2. The increase followed subscription intentions by related parties.

Finance

KakaoBank launches KOSPI200-linked ELB fund offering 7.4 percent annual return if conditions met

KakaoBank has launched an equity-linked bond (ELB) fund whose returns depend on moves in the KOSPI200 index. The product checks the index every three months and redeems early if the index is not below its initial level, paying returns based on an annual rate of 7.4 percent for the holding period. If the index falls, the investment continues and can run for up to three years. The fund is not covered by deposit protection.

Finance

KB Kookmin Bank launches principal-protected index-linked deposits, minimum 3.10 percent guaranteed

KB Kookmin Bank launched index-linked deposits tied to the KOSPI200, offering up to 5.70 percent annual interest. The products provide principal protection if held to maturity, with additional returns depending on the index performance. The bank is taking subscriptions through Oct. 27 via the KB Star Banking app or branches. There are four variants across 1-year and 6-month terms. Early termination may result in a loss of up to 0.2 percent of principal.