[eDisclosure Notice] NAVER Decides to Acquire US Used Fashion Platform Worth 2 Trillion Won (Morning Summary)

[Asia Economy Reporter Minji Lee] NAVER's subsidiary Proton Parent has announced that it has decided to acquire 100% of the shares of Poshmark, a US online secondhand fashion platform. The acquisition amount is approximately KRW 2.3441 trillion, which corresponds to 6.96% of the total assets.

The company stated, "This is to secure management rights of the issuing company for entry into the US commerce market."

▲ KB Financial Group = The Korea Exchange announced that it has requested an inquiry disclosure regarding reports that its subsidiary Kookmin Bank is pushing to participate in a paid-in capital increase of up to KRW 1 trillion in Indonesia's Bukopin Bank.

▲ Celltrion = Announced that it has received approval from the Estonian clinical approval authority for the Phase 3 interchangeability clinical trial plan of Uplima (CT-P17, Humira biosimilar) in Europe.

▲ Aprogen Pharmaceuticals = Announced that it has decided to merge Aprogen Biologics through an absorption merger.

▲ HSD Engine = Announced that it has signed a contract to supply ship engines worth KRW 62.6 billion with Samsung Heavy Industries.

▲ Sekyung Hightech = Announced that it is reviewing various strategic options related to the sale of shares by the largest shareholder.

▲ ST Pharm = Announced that the AIDS treatment drug STP0404 has received approval from the US FDA for the Phase 2a clinical trial plan.

▲ ABL Bio = Announced that it has applied to the US FDA for a Phase 1 clinical trial plan for the bispecific antibody Parkinson's disease treatment ABL302.

▲ Lunit = Announced that it is scheduled to receive USD 1 million (approximately KRW 1.4 billion) following the achievement of milestone steps under the joint research and development agreement signed with Guardant Health on June 22 last year.

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