Search results for Meritz
Finance
Kim Byung-ju, MBK to fully guarantee 200 billion won Homeplus DIP financing
Kim Byung-ju (김병주), chairman of MBK Partners, and MBK Partners plan to provide a full joint and several guarantee for 200 billion won in debtor-in-possession financing needed for Homeplus’ rehabilitation. MBK said it would guarantee the entire loan if Meritz gives final approval for the emergency operating funds. It said Homeplus needs the funding to continue operations and reduce damage to partners and suppliers. MBK said prior support totalled about 400 billion won.
Finance
Brokerage industry pushes to raise margin deposits for single-stock leveraged ETFs
South Korea\'s brokerage industry is pursuing voluntary investor protection measures for single-stock leveraged exchange-traded funds, including raising basic margin deposits and strengthening investor education. The Korea Financial Investment Association said it reviewed market conditions and protection steps at an emergency meeting with executives from major securities firms. Participants discussed potential market impact from daily rebalancing and considered dispersing trading times. They also plan tailored risk warnings and closer monitoring of trading trends.
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.
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General News
Homeplus store sale proceeds spark fresh clash over operating funds and debt recovery
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Finance
Meritz urges MBK to play responsible role after Homeplus rehabilitation terminated
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Finance
South Korea stock market outlook for second half focuses on overlooked stocks amid semiconductor concentration
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Finance
Capital markets also show economies of scale as big brokerages rush to boost capital
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Finance
KOSPI closes near 8,410 after circuit breaker triggered; semiconductor shares slump
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Finance
Can Homeplus be rehabilitated? Meritz and MBK escalate clash over responsibility for returns
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Finance
Meritz Financial says largest shareholder must present responsible rehabilitation plan
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Crypto
FTC seeks views on Dunamu-Naver Financial combination; securities industry warns of entry barriers
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Finance
Meritz Financial considers 100 billion won support for Homeplus, subject to MBK and Kim Byung-joo guarantees
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Finance
Black Monday on semiconductor shock as KOSPI, Kosdaq trigger trading halts
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Finance
KOSPI enters pause as financial sector faces pressure for inclusive finance
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Finance
Meritz Securities Q1 net profit up 35.7 percent to 254.3 billion won
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Finance
Macquarie Securities becomes first foreign broker to join NEXTRADE
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Finance
South Korea tax agency launches special tax probe into Meritz Securities over alleged tax evasion
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Industry
Homeplus to suspend operations at 37 stores from May 10 as survival hinges on restructuring plan approval