[Asia Economy Reporter Lee Seon-ae]



◆Daewoo E&C=Choosen as the preferred negotiation partner for the sale of the largest shareholder's stake by the Jungheung Consortium


◆Kakao=Subsidiary Kakao Entertainment to acquire a 374.1 billion KRW stake in North American content company Tapas Media and a 406.8 billion KRW stake in North American English novel content company Radish Media


◆Shinpoong Pharmaceutical=Applied for approval from the Ministry of Food and Drug Safety for Phase 3 clinical trial plan of Piramax as a COVID-19 treatment


◆Korea Electronics Holdings=Decided on a debt guarantee worth 11.3 billion KRW for subsidiary KEC


◆GS E&C=Decided on a debt guarantee worth 156.7 billion KRW for Cheolsan Jugong Reconstruction Association



◆InscoBio=Decided to issue convertible bonds worth 20 billion KRW


This content was produced with the assistance of AI translation services.

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