[Asia Economy Reporter Myung-Hwan Lee]



▲Hyundai Motor=In response to Asia Economy's report that it will make a large-scale investment in autonomous driving startup 'Fortytwo Dot', the company clarified, "We are reviewing various options including participating in a capital increase of Fortytwo Dot Co., Ltd. if necessary, but nothing has been specifically decided yet."


▲Comtec Systems=Subsidiary 'Supi IT Sensam Private Equity Investment Partnership' has resolved to dissolve. The company plans to distribute assets according to each partner's investment and proceed with liquidation procedures.


▲DL E&C=Signed a contract for the Neunggok 5 District Housing Redevelopment Project. The contract amount is 281.5 billion KRW.


▲Kukbo=Due to the appointment and resignation of CEOs, the existing co-CEO system of Ha Hyun, Choi Kang-yong, and Shin Sang-chul has changed to a co-CEO system of Ha Hyun and Park Chan-ha.


▲Topcomedia=In response to the Korea Exchange KOSDAQ Market Division's inquiry disclosure request regarding significant market fluctuations, the company announced, "Major shareholder and CEO Yoo Jung-seok is considering exercising the put option related to the company's 5th series convertible bonds issued on December 23, 2021," adding, "Nothing has been confirmed yet."


▲QRT=Decided on a 2-for-1 stock dividend for common shares. The record date for new shares is the 20th of this month.


▲Mr. Blue=Decided on a 2-for-1 stock dividend for common shares. The record date for new shares is the 20th of this month.


▲Open Edge Technology=Signed a semiconductor design asset (IP) license contract worth 1.304 billion KRW with a semiconductor company based in China.


▲Hi-Vision System=Decided to dispose of treasury shares worth 905.85 million KRW for the purpose of paying bonuses to executives and employees.


Hot Picks Today




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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing