[DISCLOSURE] Woori Bank (000030) announced on July 19 that its operating profit for the second quarter spiked 65.78 percent to 949.1 billion won (US$835.48 million) from the same period last year. Its revenue increased 30.59 percent to 12.24 trillion won and the net profit increased 43.3 percent to 757.79 billion won on-year.

July 19, 2016

[DISCLOSURE] Digital Optics (106520) will issue convertible bonds worth 6 billion won (US$5.28 million), the company announced on July 19. The maturity date of the bonds is Aug. 18, 2019.The bonds can be converted betwen Aug.18, 2017 to July 18, 2019 at a conversion price of 10,250 won.

July 19, 2016

[DISCLOSURE] Piolink (170790) has signed a trust contract with IBK Securities to repurchase its own stocks worth 3 billion won (US$2.64 million), the company announced on July 19.

July 19, 2016

[DISCLOSURE] Solacia (070300) announced on July 19 that it has signed a 1.7 billion won (US$1.5 million) contract with KT to supply LTE NFC micro USIMs.

July 19, 2016

[DISCLOSURE] Samhwa Paint Industrial (000390) has obtained a patent for an antibacterial ultra-violet curing paint composition, it announced on July 19.

July 19, 2016

[DISCLOSURE] NICE (034310) announced on July 19 that its subsidiary NICE Infra has sold the entire 499,999 shares of Korea Investors Service to Moody’s Singapore for 53.97 billion won (US$47.51 million) on July 18 to improve financial liquidity. 　NICE Infra also sold 145,600 shares of KIS Pricing, a subsidiary of Korea Investors Service, to the ratings agency for 5 billion won on the same day, it announced in a separate statement.

July 19, 2016

[DISCLOSURE] ACT (131400) has named Kim Sang-il as its new co-CEO and will jointly head the company with existing CEO Kim Seong-beom, it announced on July 18. Kim served as vice president of Sakhalin Energy Investment Company.

July 19, 2016

[DISCLOSURE] Fila Korea (081660) announced on July 18 that it will acquire the entire 164,000 shares issued for capital increase by its subsidiary Magnus Holdings at 48.49 billion won (US$42.68 million), to secure management control.

July 19, 2016

[DISCLOSURE] Taeyoung Engineering & Construction (009410) has received a 94.4 billion won (US$83.04 million) order to build apartment buildings in Jeonju, North Jeolla Province, it announced on July 18. This amounts to 5 percent of its recent revenue. 

July 18, 2016

[DISCLOSURE] New Pride (900100) announced on July 18 that it will lend US$8.86 million to its affiliate New Pride Hong Kong. This amounts to 27.63 percent of its equity capital.

July 18, 2016

[DISCLOSURE] Soulbrain (036830) announced on July 18 that it will sell the entire 33.61 percent stake (12,241,805 shares) of its affiliate Soulbrain ENG (039230) to Double J Private Equity No1 Investment Partnership and other at 25 billion won (US$21.99 million).

July 18, 2016

[DISCLOSURE] Regen (038340) will issue convertible bonds worth 1.12 billion won (US$985,222) and offer to Myeongin Edu and Kim Jeong-ha, to secure funds, it announced on July 18. The maturity date is July 18, 2018. The conversion price is 1,063 won and the conversion period is between July 18, 2017 and June 18, 2018.

July 18, 2016

[DISCLOSURE] Doosan (000150) announced on July 18 that its operating profit in the second quarter rose 33.18 percent to 306.25 billion won (US$269.4 million). Its revenue slipped 1.45 percent to 4.25 trillion won while its net profit surged 767.84 percent to 181.23 billion won.

July 18, 2016

[DISCLOSURE] Soulbrain ENG (039230) announced on July 18 that it will issue convertible bonds worth 5 billion won (US$4.4 million) and for private offering to finance operations. The maturity date is Aug. 1, 2019. The conversion price is 1,940 won and the conversion period is between Aug. 1, 2017 and July 31, 2019.

July 18, 2016