Search results for rights offering
Finance
Kiwoom Securities Q2 operating profit up 93 percent to 789 billion won
Kiwoom Securities posted stronger-than-expected results for the second quarter, helped by rising trading value in the domestic stock market and solid performance in its sales and trading business. The firm reported operating profit of 789 billion won, up 93.2 percent from a year earlier, and revenue of 16.07 trillion won, up 256.7 percent. Net profit rose 119.4 percent to 681 billion won.
Industry
AI chip glass substrate supply chain race enters round two, expands into materials alliances
Competition over glass substrates, a next-generation semiconductor packaging material, is shifting from individual company technology validation to a race to build supply chains led by materials alliances. Samsung Electro-Mechanics has moved to set up a 480 billion won joint venture with a Sumitomo Chemical group affiliate. The move sharpens its rivalry with SKC, whose unit Absolics has completed construction of a glass substrate mass-production line in Georgia.
Finance
Capital markets also show economies of scale as big brokerages rush to boost capital
Competition among securities firms to bolster capital is spreading quickly, led by large brokerages, as more businesses link bigger capital bases to revenue growth. KB Securities decided on a 1 trillion won rights offering after earlier support from KB Financial Group. Similar moves include Korea Investment & Securities, Woori Investment & Securities and NH Investment & Securities, while Hanyang Securities also joined. The combined amount totals about 4.65 trillion won this year.
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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
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Industry
SKC raises 1 trillion won to accelerate glass substrate future business