Search results for largest shareholder
Crypto
FSC says approval process for fractional investment OTC exchange was fair, shares operators\' frustration
South Korea’s Financial Services Commission said its preliminary licensing process for a fractional-investment over-the-counter exchange was conducted fairly, while acknowledging the frustration felt by Lucentblock after failing to win approval. During a parliamentary audit, lawmaker Min Byung-deok questioned whether sandbox firms’ results are properly recognised in institutionalisation. The FSC noted the relevant law allows, but does not require, a review panel to be consulted when a firm seeks formal authorisation.
Industry
FAW Toyota denies rumours of price collapse and China exit
Toyota\'s China joint venture FAW Toyota has denied rumours of large-scale price cuts and a withdrawal from the China market. Citing Electrek, the company said online claims of a complete exit and deep discounting were untrue. FAW Toyota said production and sales of all models and follow-up model development plans were proceeding as scheduled, and it reserved the right to take legal action over false information.
Industry
U.S. Senate pushes curbs on carmakers with 15 percent or more Chinese ownership; Benz exempted
The U.S. Senate is pushing legislation to restrict access to the U.S. market for automakers with 15 percent or more Chinese ownership, while seeking ways to exempt Benz. A bill approved by the Senate Commerce Committee would ban vehicle sales by companies in which Chinese firms or investors hold more than 15 percent. Republican Senator Bernie Moreno said Benz would not be banned, though details and legislative steps remain.
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Finance
Hanwha Investment & Securities to raise up to 900 billion won, seek IFA status and expand digital asset business
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Games & Commerce
Wemade union formed, seeks job security
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Mobility
Kakao blocks Kakao Mobility U.S. listing plan as Tesla nears FSD V15 unsupervised driving
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Telecommunications & Media
Bamittongwi votes to hold hearing for Eugene ENT, begins review of YTN approval cancellation
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Industry
Kakao blocks Kakao Mobility U.S. ADR listing, opposes TPG stake securitisation structure
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Games & Commerce
Kakao Games restarts M&A with Metoon acquisition
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Industry
Waymo eyes paid robotaxi service in Singapore by 2028
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Games & Commerce
Naver drops review of Baemin stake purchase, citing changing business environment
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Games & Commerce
KakaoGames to buy control of Me2on in 98 billion won deal
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Games & Commerce
Neopulse forms investor consortium with Kings Net to acquire Wemade in October
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AI & Enterprise
Oracle chairman Larry Ellison withdraws plan to sell up to $7.5 billion in shares
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Finance
Kakao moves to sway retail shareholders as rationale for spin-off put to test
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Finance
IPO market stirs as duplicate listing ban takes effect, investor sentiment still weak
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Telecommunications & Media
New broadcasting media communications commission still without signboard ahead of 1st anniversary
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Industry
GoPro to expand into AI and defense via $285 million deal with Starman Optical