[DISCLOSURE] Nepes (033640) will issue convertible bonds worth 5 billion won (US$4.41 million) and offer to Korea Development Bank to finance operations, the company announced on July 14. The maturity date is July 19, 2019. The conversion price is 9,271 won and the conversion period is July 19, 2017 to July 18, 2019.

July 15, 2016

[DISCLOSURE] Naver (035420) announced on July 15 that it has listed a total of 35 million shares of its subsidiary LINE Corp. on New York and Tokyo stock exchanges. 　In accordance with the greenshoe option, which lets underwriters to buy up to an additional 15 percent of company shares at the offer price for an IPO, 5.25 million shares allotted to the lead financial adviser will be returned after the listing, and if the stock price rises above the subscription price, additional stocks might be i

July 15, 2016

[DISCLOSURE] KB Financial Group (105560) will hold an IR session on its first-half performance via conference call to be broadcast on its website for shareholders and investors on July 21, it announced on July 14. It will be carried out in both Korean and English.

July 15, 2016

[DISCLOSURE] Leed (197210) has decided on a 23.5 billion won (US$20.75 million) capital increase, it announced on July 15. It will issue 1 million shares and offer to Chelsea EV1 investment partnership. The due date for payment is Aug. 22.

July 15, 2016

[DISCLOSURE] GS Instruments (007630) has decided to sell the entire 1 million shares of GS Instech for 1.35 billion won (US$1.19 million) to secure liquidity, it announced on July 14.Its largest shareholder has changed to iKaist and two others from GS Teletech and two others as they signed a stock transfer agreement to participate in management, it said in a separate statement. IKaist and two others now own 4.67 percent stake.

July 15, 2016

[DISCLOSURE] KSCB (065940) has decided on a 8 billion won (US$7.06 million) capital increase, it announced on July 14. It will issue 1,428,056 shares at 5,602 won per share and offer to Song Glara and 10 others to fund operation. The listing date is Aug. 5.

July 15, 2016

[DISCLOSURE] Maxrotec (141070) has signed a US$6.82 million contract with Beijing Hyundai Motor Company to supply industrial robot automation system, it announced on July 14. This amounts to 22.13 percent of its recent revenue.

July 15, 2016

[DISCLOSURE] YG Entertainment (122870) has signed a trust contract with Samsung Securities to repurchase its own stocks worth 5 billion won (US$4.36 million), the company announced on July 14.

July 14, 2016

[DISCLOSURE] Avista (090370) announced on July 14 that its largest shareholder has changed to Kim Dong-geun and one other from Weihai Textile Group Import & Export and two others, as they signed a stock transfer agreement to participate in management. Kim and other now owns 27.67 percent stake.

July 14, 2016

[DISCLOSURE] Daelim Paper (017650) announced on July 14 that its stocks will stop trading as it has handed in its old shares and is waiting for new shares to be listed.

July 14, 2016

[DISCLOSURE] GS Instruments (007630) announced on July 14 that its CEO has changed from Go Jae-mok to Go Jae-mok and Kim Seong-jin.

July 14, 2016

[DISCLOSURE] Daewon Cable (006340) announced on July 14 that its subsidiary Daewon Eco Green will merge with its wholly owned subsidiary Daewon Recycling at 1:0 ratio. The due date for the merger is Sept. 29.

July 14, 2016

[DISCLOSURE] KCC (002380) has decided on a cash dividend of 1,000 won (US$0.87) per share, it said on July 14. The total amount will be 9.83 billion won and the record date is June 30.

July 14, 2016

[DISCLOSURE] Korea Resources Investment & Development (033430) will issue convertible bonds worth 3 billion won (US$2.62 million) for private offering, it announced on July 14. The conversion period is between July 14, 2017 and June 14, 2019.

July 14, 2016

[DISCLOSURE] Jooyon Tech (044380) has signed a 4.49 billion won (US$3.92 million) contract with Daegu Metropolitan Office of Education to supply personal computers, it announced on July 14. This amounts to 8.63 percent of its recent revenue.

July 14, 2016