Search results for Macquarie Securities
Games & Commerce
Kakao Games likely to adopt co-CEO system with Kim Taehwan and Lee Siwoo; extraordinary meeting set for June 22
Kakao Games plans to hold an extraordinary shareholders meeting later this month to reshuffle its board. Kim Taehwan, a vice president at LINE Games, and Lee Siwoo, the company’s chief business officer, were nominated as inside directors and could take up posts as co-CEOs after appointment. The board changes are conditional on completion of a deal that would make LAAA Investment, funded by Line Yahoo, the company’s largest shareholder.
Finance
Macquarie Securities becomes first foreign broker to join NEXTRADE
Macquarie Securities will join NEXTRADE as its first foreign securities firm member. NEXTRADE said on Tuesday it approved Macquarie Securities\' membership, bringing the total number of member brokers to 34. Macquarie Securities plans to participate first in NEXTRADE\'s pre-market and after-market in the third quarter, then complete preparations for smart order routing by the fourth quarter to join the main market.
Finance
Korean stock market enters new era as KOSPI touches 5,000
South Korea\'s stock market reached the milestone KOSPI 5,000 level in intraday trading for the first time, powered by a semiconductor upcycle and robot-related momentum, while politicians pushed support measures such as tax benefits. The index later closed below 5,000. Samsung Electronics and SK Hynix led gains, and brokerages raised targets, though analysts flagged limited earnings improvement beyond chips and growing concentration in a few stocks.