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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.
AI & Enterprise
ITCEN Cloit expands billiards business, rolls out more events
ITCEN Cloit is rolling out a series of events as part of an expansion of its billiards business. Working with billiards specialist Quesco, it has launched a brand and opened a new space at its Gwacheon headquarters that incorporates AI and augmented reality. The company has held an in-house championship and invited top professional players. It will also host a two-day amateur three-cushion tournament in September with prize money and gold prizes.
Finance
NH NongHyup Bank builds AI-based automated system architecture management
NH NongHyup Bank has built a system that uses artificial intelligence to automatically analyse and manage the structure of its banking systems. The bank said it has deployed an agentic AI-based intelligent automation framework that lets users handle tasks from internal system analysis to creating visualised architecture diagrams through conversation with AI. The bank expects the system to reduce reliance on personnel in managing financial IT infrastructure and improve visibility.
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AI & Enterprise
Mistral CEO says Europe has 2 years to build AI infrastructure or face permanent dependence on U.S.
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Games & Commerce
Neptune shares plunge; company says sale by individual shareholder unrelated to management or results
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AI & Enterprise
OpenAI acquires Silicon Valley tech talk show TBPN
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Games & Commerce
Naver union seeks court injunction to access board minutes, shareholder register