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Finance

Woori Investment Securities sole lead manager for Ecopro Indonesia unit 120 billion won fundraising

Woori Investment Securities acted as sole lead manager for a 120 billion won fundraising by Green Eco Nickel, Ecopro\'s Indonesian unit, it said on Wednesday. The brokerage said the deal was a large corporate finance transaction carried out on the back of stronger capital after a 1 trillion won capital increase early last month. Ecopro plans to use the funds to expand infrastructure at local refining facilities.

AI & Enterprise

K-AI models spread to semiconductors, farm machinery and nuclear power sites

South Korean artificial intelligence models are expanding across industrial sites, from semiconductor manufacturing to autonomous farm machinery and nuclear power plant operations. SK Telecom is applying its AI model to SK Hynix work environments and is reviewing deployment at chipmaking sites. Motif Technologies and Mobirus are integrating VLA technology for autonomous farm machinery. Naver Cloud built a generative AI platform with Korea Hydro & Nuclear Power. Upstage embedded Solar in Allganize\'s Alli service.

Crypto

Koscom partners with Woori Investment Securities on tokenised securities platform

Koscom said on May 13 it has signed a partnership with Woori Investment Securities on digital assets and tokenised securities (STO). The two companies plan to build a cooperation framework to advance the tokenised securities business based on blockchain technology and financial investment capabilities. Koscom said it has expanded its STO-related base through projects including an issuance platform with LG CNS, a Korea Securities Depository testbed, stablecoin-based atomic settlement proof-of-concept work and participation in the Korea Exchange-backed KDX consortium.