Joyce Lee
Stories by Joyce Lee
Major shareholder excluded in Korea Zinc shareholders’ meeting amid takeover battle
The takeover battle has pitted members of Korea Zinc's two founding families against each other.
Samsung Electronics becomes largest shareholder of Rainbow Robotics
Samsung, which had previously invested in the company, acquired new shares worth $181 million.
S Korea’s Shinsegae to set up joint venture with Alibaba International
AliExpress Korea and Gmarket will be incorporated into the joint venture
PE firm MBK Partners, Young Poong raise tender offer for Korea Zinc to $1.9b
The new tender offer, valued at $1.88b, has an extended deadline of Oct 14.
MBK Partners, Young Poong launch $1.5b tender offer for Korea Zinc shares
If the offer is successful, MBK and Young Poong combined will control a 40% stake in the firm.
S Korea to support vendors hit by Qoo10 payment delays, founder pledges compensation
The payment delays have prompted South Korean financial authorities to launch an investigation.
South Korea’s Kakao founder arrested for suspected stock manipulation
Prosecutors say Kim was involved in manipulating the stock price of SM Entertainment.
South Korea’s SK Innovation to merge with SK E&S as part of overhaul
The move creates a 100 trillion won ($72.57 billion) asset company.
Nikke game maker Tencent-backed Shift Up surges 33% in South Korea debut
The opening price gave the gaming company a market valuation of about $313m.
Naver-backed Webtoon Entertainment’s shares jump in Nasdaq debut
The company had raised $315 million, selling 15 million shares in its IPO.
