Heekyong Yang
Stories by Heekyong Yang
S Korean EV battery firm SK On targeting to raise up to $2.4b
The fundraising will reportedly target mainly international investors.
S Korea’s Mirae Asset to invest $72m in Space X in Jan
Separately, Mirae Asset invested 116 billion won in Space X through its fund in July.
Musk may choose to build EV factory in S Korea
Musk said that South Korea was among its top choices for an EV factory in Asia.
S Korean online grocery startup Kurly gets IPO preliminary approval
Kurly received pre-IPO funding from PE firm Anchor Equity in December 2021
South Korea to probe app store operators over suspected in-app payment violations
App operators have been banned from forcing software developers to use their payment systems
S Korea’s Hyundai Motor plans to invest $16b in EV push
Hyundai said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030.
S Korea’s Hyundai Engineering postpones planned IPO over valuation problems
Pricing had been expected to be finalised in late January, with a listing in Seoul expected in February.
LG Energy Solution becomes S Korea’s No.2 firm by market cap after stellar debut
The listing will set the tone for upcoming IPOs as retail investors flock to the Korea market.
Investment banks, brokerages left short changed in South Korea’s IPO boom
LG Energy Solution's $10.8b IPO netted bankers less than 1% of the proceeds.
Kakao Pay shares rebound after CEO, execs step down amid stock options row
The shares surged as much as 11% on Friday, as the wider market slipped 1.2%, following the executives' departure.
