[DISCLOSURE] Dongbu Steel (016380) has adjusted the issue price of its convertible bonds to 32,923 won (US$28.28) from 47,032 won due to a drop in market price, it announced on July 7. The number of convertible stocks has increased to 121,495.

July 7, 2016

[DISCLOSURE] Samsung Electronics (005930) will hold an IR session on its second quarter performance via conference call for institutional investors, analysts and media on July 28, it announced on July 7.

July 7, 2016

[DISCLOSURE] Wave Electronics (095270) will issue convertible bonds worth 5 billion won (US$4.3 million) for private offering to finance operations, it announced on July 7. The conversion period is between July 11, 2017 and June 11, 2020.

July 7, 2016

[DISCLOSURE] SajoDongaone (008040) will sell 1 million shares of its own for 1.7 billion won (US$1.4 million) in an outside dealing for debt repayment, it announced on July 7.

July 7, 2016

[DISCLOSURE] LG Hausys (108670) announced on July 7 that it has decided not to take over HornSchuch of Germany as it lacks strategic feasibility, in response to Korea Exchange’s inquiry regarding reports saying it is seeking to acquire the German building material company. 　

July 7, 2016

[DISCLOSURE] Steel Flower (087220) has obtained a patent for a wave reducing block to be used as defensive structure against waves, it announced on July 7.

July 7, 2016

[DISCLOSURE] Hyundai MOBIS (012330) announced on July 7 that it has named Lim Young-deuk as its new CEO, to jointly represent the company with chairman Chung Mong-koo.

July 7, 2016

[DISCLOSURE] POSCO (005490) will hold an IR session via conference call for institutional investors and analysts on July 21, it announced on July 7.

July 7, 2016

[DISCLOSURE] KaHee (030270) will change its company name to Smark, it announced on July 7.

July 7, 2016

[DISCLOSURE] Digital Optics (106520) announced on July 7 that it will issue convertible bonds worth 5 billion won (US$4.3 million) and offer them to Jinsaengjang, to finance operations.

July 7, 2016

[DISCLOSURE] Digital Optics (106520) announced on July 7 that its largest shareholder will change to Easysblue as it signed an agreement to take over 1,930,000 shares for 19.3 billion won (US$16.6 million) from the second largest shareholder Tudor & Company. 　Digital Optics will also issue 284,090 shares and offer it to Easysblue to finance its operations, it added. It will own a total of 2,214,090 shares (10.8 percent stake) of the optical lens maker. 　

July 7, 2016

[DISCLOSURE] Korea Gas (036460) announced that it has signed a 8.5 trillion won (US$7.2 billion) contract with Pocheon IPP to supply natural gas for power generation. This amounts to 32.57 percent of its recent revenue.

July 7, 2016

[DISCLOSURE] ViroMed (084990) has obtained a Japanese patent related to adenovirus producing novel cell line, it announced on July 7.

July 7, 2016

[DISCLOSURE] Dongsuh (026960) announced on July 7 that it will be delisted from the secondary bourse KOSDAQ and shift to the main bourse KOSPI. The stock will commence trading on KOSPI from July 15.

July 7, 2016

[DISCLOSURE] Invesco Canada announced on July 7 that it has acquired 136,338 shares (1 percent) of Hy-Lok Korea (013030), increasing its stake of the valve maker to 13.77 percent.

July 7, 2016