[Asia Economy Reporter Lee Seon-ae] Sangji Kyleum announced on the 16th that it has decided to dispose of all 119,836 shares of Enchem. The disposal amount is 8.84131 billion KRW, which corresponds to 12.63% of the company's equity capital. The scheduled disposal date is December 30. The company stated, "This is to recover loan claims and secure cash liquidity."


▲ Hands Corporation = Signed a supply contract for aluminum wheels for automobiles with Kia Motors. The contract amount is 169.7032 billion KRW, which corresponds to 30.18% of last year's sales.


▲ CS Wind = Signed a wind tower supply contract worth 3.8758 trillion KRW with Siemens Gamesa. This corresponds to 322.1% of last year's sales.


▲ GTG Wellness = Decided to acquire before maturity the 6th series of anonymous bearer unsecured private convertible bonds worth 170 million KRW through consultation with creditors.


▲ TSI = Signed a supply contract for secondary battery mixing systems worth 25.0261488 billion KRW with France's Automotive Cells Company. This corresponds to 37.17% of last year's sales.


▲ MedPacto = Acquired a patent right for a cancer diagnostic method and diagnostic kit that measures BAG2 levels in patients' blood samples using BAG2 antibodies. The company stated, "We are developing a diagnostic kit (MP005D) aimed at diagnosing cancer metastasis and recurrence using BAG2 as a biomarker," and added, "We are conducting product development for commercialization purposes and plan to produce prototypes in the second half of 2022 for clinical research."


▲ POSCO International = Subsidiary POSCO Mobility Solutions has been selected as a supplier of main motor cores for Hyundai Motor Company's next-generation hybrid drive system TMED-II. Delivery is scheduled for a total of 3,394,000 units from 2025 to 2031.


▲ Powernet = Decided to acquire before maturity the 10th series of anonymous bearer unsecured private convertible bonds worth 10 billion KRW through consultation with bondholders.


▲ HJ Heavy Industries = Signed a contract with Korea Electric Power Corporation for power duct construction of electric supply facilities in the Dangjin area (Bukdangjin to Sintangjeong). The contract amount is 48.15426 billion KRW, which corresponds to 2.82% of last year's sales.


▲ HumanN = Signed a domestic marine scrap iron supply contract worth 826 million KRW with Taemin Steel. This corresponds to 12.97% of last year's sales.



▲ Korea Technology = 2,795,838 shares were listed through the exercise of conversion rights for the 22nd series of anonymous bearer unsecured private convertible bonds worth 2.15 billion KRW. This corresponds to 1.84% of the total issued shares.


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

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