[Asia Economy Reporter Myung-Hwan Lee]
▲Hyundai Motor=June sales volume including domestic and overseas totaled 345,340 units, a 4.5% decrease compared to the same period last year.
▲Kia=June sales volume including domestic and overseas totaled 258,610 units, a 1.8% increase compared to the same period last year.
▲NAVER=Decided to dispose of 155,021 treasury shares worth 367.4 billion KRW over-the-counter for the purpose of granting treasury shares to employees to strengthen compensation competitiveness. The disposal period is scheduled from July 1 to 29.
▲Chong Kun Dang=Decided to voluntarily suspend Phase 3 clinical trials of the COVID-19 treatment drug Napabeltan injection. The reason cited is the difficulty in continuing clinical trials due to the decrease in COVID-19 incidence and the reduced progression rate to severe cases caused by widespread vaccination.
▲Korea Kolmar Holdings=Acquired 100% stake in Natural Story Co., Ltd., which is engaged in cosmetics manufacturing and sales, and real estate leasing.
▲Hyosung Chemical=Decided to provide a debt guarantee worth 47.37828 billion KRW for affiliate Hyosung Film.
▲Husung=Decided to invest 106 billion KRW in production facilities for secondary battery electrolyte (LiPF6) to strengthen product competitiveness and respond to customer demand in order to secure a competitive edge in the global secondary battery market.
▲LF=Acquired 4 million shares, equivalent to 66.9% stake, in affiliate Case Square Data Center PFV Co., Ltd.
▲Hanwha=Following the resignation of CEO Kim Maeng-yoon, transitioned to a CEO system with Geum Chun-soo, Ok Kyung-seok, and Kim Seung-mo.
▲Jinhung Enterprise=Won a contract worth 91.3636 billion KRW for the construction of a mixed-use residential and commercial building in Gunsan Gyeongjang-dong from Gwangya D&C.
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▲IS Dongseo=Won a contract worth 53.11139 billion KRW for the Daemyeong-dong Taeyang District street housing maintenance project.
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