Search results for rights offering
Games & Commerce
Line Games withdraws shareholder-allotted rights offering, citing market conditions
Line Games has withdrawn its planned shareholder-allotted rights offering, saying the decision followed a comprehensive review of internal and external market conditions. The company filed a revised disclosure on Sept. 15 to cancel the capital increase plan, halting the offering. A company official said the board resolved to withdraw the plan after close examination. The company also denied any connection to a lawsuit between Line Yahoo (LY) and Lungo Entertainment, saying the purpose was consistently to raise operating funds.
Industry
SKC to inject 281 billion won into Absolics to speed glass substrate commercialisation
SKC said on Thursday its board approved a 281 billion won cash investment in Absolics by participating in a shareholder rights offering. SKC will acquire 192,416 new shares allocated in line with its 70.05 percent stake. The investment follows SKC’s 1.17 trillion won rights issue in the first half of this year, when it said it would invest 590 billion won over three years in its glass substrate business.
Industry
Mplus first-half net profit 15.4 billion won, up 51.9 percent
Battery equipment company Mplus reported first-half net profit of 15.4 billion won, up 51.9 percent from a year earlier. Revenue was 83.0 billion won and operating profit was 14.2 billion won, keeping an operating margin of 17.1 percent. Gross margin rose to 28.2 percent. The company issued 20.0 billion won of unsecured private bonds and plans additional 20.0 billion won via a P-CBO to fund AIMR and other new businesses.
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Finance
Kiwoom Securities Q2 operating profit up 93 percent to 789 billion won
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Industry
AI chip glass substrate supply chain race enters round two, expands into materials alliances
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Finance
Capital markets also show economies of scale as big brokerages rush to boost capital
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Finance
KB Securities decides 1 trillion won rights offering to strengthen mega IB footing
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Industry
Hanwha Solutions issues 300 billion won RCPS, securitises 340 billion won more AMPC
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Industry
SKC wins 1.17 trillion won rights offering to speed glass substrate investment
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Industry
SKC raises funds through rights offering for glass substrate commercialisation
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Games & Commerce
Kurly to raise 33 billion won in share sale to Naver, valued at 2.8 trillion won
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Finance
Brokerages fly on stock market boom as earnings engine for financial holding groups in Q1
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Finance
Woori Investment Securities posts 70.1 billion won Q1 net operating revenue, led by non-interest income growth
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Finance
KB Securities posts Q1 net profit of 350.2 billion won, up 92.75 percent year on year
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AI & Enterprise
Line Games replaces co-CEO, expands lineup to boost results
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Finance
FSS to crack down on illegal acts to avoid delisting, push timely exit of \'zombie firms\'
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Industry
SKC declares transparent management, CEO to disclose business update
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Games & Commerce
Kakao Games to come under Line Yahoo\'s umbrella; three parties\' calculations