< Major Announcements After Market Close >
◆Hwasung R&A=On February 28, 2021, split into Hwasung Corporation (continuing corporation) and Hwasung R&A (newly established corporation)
◆T'way Holdings=Decision to issue 30 billion KRW worth of bonds with warrants
◆Daehan Petrochemical=Decision to invest 160 billion KRW in Onsan plant NCC and auxiliary facilities expansion
◆Celltrion=Signed a supply contract worth 252.3 billion KRW with Celltrion Healthcare for Remsima IV, Herzuma, and Remsima SC
◆Samyang Corporation=Contract to transfer manufacturing technology license for isosorbide production to affiliate Samyang Inochem for 5.3 billion KRW
◆Shinsegae Construction=Won a contract worth 173.6 billion KRW from PM Value for new construction of Daegu Bondong mixed-use complex
◆Asiana Airlines=Subsidiary Air Busan decided on a paid-in capital increase worth 89.1 billion KRW; Asiana Airlines also decided to participate with 30 billion KRW
◆Hyosung TNC=Decided on debt guarantees worth 98.4 billion KRW and 16.6 billion KRW respectively for affiliates Sebitseom and Hyosung Japan
◆Hyosung Chemical=Decision to raise 30 billion KRW short-term loan through commercial paper issuance
◆Shinsegae=Change of major shareholders from Lee Myung-hee and two others to Chung Yoo-kyung and two others
◆Emart=Change of major shareholders from Lee Myung-hee and two others to Chung Yong-jin and two others
Hot Picks Today
If They Fail Next Year, Bonus Drops to 97 Million Won... A Closer Look at Samsung Electronics DS Division’s 600M vs 460M vs 160M Performance Bonuses
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- "Profit Distribution Without Shareholders’ Approval Is Invalid"... Samsung Electronics Shareholder Group Announces Lawsuit Over 'Provisional Agreement'
- Room Prices Soar from 60,000 to 760,000 Won and Sudden Cancellations: "We Won't Even Buy Water in Busan" — BTS Fans Outraged
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
◆Aekyung Industrial=Former CEO Lee found guilty of embezzlement (first trial)
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.