[DISCLOSURE] Sun Technologies (122800) will repurchase 358,400 of its own stocks at 1.99 billion won (US$1.7 million) to stabilize the stock price and promote values, the company announced on July 7.

July 6, 2016

[DISCLOSURE] Ehwa Technologies Information (024810) will acquire 3 million shares (42.32 percent) of Cell Bios for 1.5 billion won (US$1.3 million) to secure new growth engine, it announced on July 6. This amounts to 2.48 percent of its equity capital.

July 6, 2016

[DISCLOSURE] Korea Fuel Tech (123410) announced on July 6 that it has signed a 78.1 billion won (US$67.5 million) contract with GM Global to supply carbon canisters. This amounts to 25.15 percent of its recent revenue.

July 6, 2016

[DISCLOSURE] Nibec (138610) has obtained a patent for a peptide-based pharmaceutical composition to prevent and treat obesity, it announced on July 6.

July 6, 2016

[DISCLOSURE] DGB Financial Group (139130) announced on July 6 that its largest shareholder has changed to National Pension Service from Samsung Life Insurance (032830). NPS took over 7.09 percent stake (11,988,886 shares) while the insurance company’s stake remains the same at 6.95 percent.

July 6, 2016

[DISCLOSURE] YMC (155650) has received a 14.1 billion won (US$12.2 million) order from Truly Semiconductors in Hong Kong to dismantle LCD manufacturing equipment, the electronics parts maker announced on July 6. This amounts to 26.61 percent of its recent revenue.

July 6, 2016

[DISCLOSURE] Sangbo (027580) acknowledged on July 6 that it has signed a US$100 million worth joint venture agreement with China’s leading home appliance company TCL Group on July 5. 　Although the agreement does not include any obligations, both parties have agreed on developing markets for display materials and parts, and building a US$100 million factory when all conditions are met, the company explained.

July 6, 2016

[DISCLOSURE] Samhwa Paint Industrial (000390) has obtained a patent on acryl-based semi-matt powder coating composition with high transparency, it announced on July 6.

July 6, 2016

[DISCLOSURE] Husteel (005010) announced on July 6 that its vice president and Shinan Group vice president Park Hoon will replace Lee Jin-cheol as its CEO. Park is the eldest son of Park Sun-seok, the largest shareholder of the steel pipe maker and the chairman of Shinan Group, the flagship affiliate.

July 6, 2016

[DISCLOSURE] Hyungji I&C (011080) has exercised its conversion rights to 5,974,835 shares, the company announced on July 5. This amounts to 18.29 percent of the total shares issued.  　

July 6, 2016

[DISCLOSURE] DSK (109740) will issue 20 billion won (US$17.3 million) worth bonds with warrants for Taurus Investment & Securities to secure funds for the purchase of other corporation’s stocks, it announced on July 6. The interest rate is 1.0 percent. The exercising price is 28,750 won and the exercising period is between Aug. 11, 2017 and July 11, 2021. The bonds also have a put-option.

July 6, 2016

[DISCLOSURE] FORCS (189690) will acquire 23.5 billion won (US$20.3 million) worth real estate including a building and land in southern Seoul, the software developer announced on July 6. This amounts to 56.45 percent of its equity capital.

July 6, 2016

[DISCLOSURE] Daewon has sold its 40.96 percent stake (3,992,436 shares) of Sungjee Construction (005980) in an outside dealing to recover its investment, the company announced on July 5. Daewon’s stake dropped to 12 percent. The stocks were sold at 7,500 won (US$6.48) per share.

July 6, 2016

[DISCLOSURE] AK Holdings (006840) has donated 1 million shares of Jeju Air owned by its affiliate Aekyung Fat and Oil Industry, it said on July 5. AK’s stake in the low-cost carrier has decreased to 64.08 percent from 67.89 percent.

July 6, 2016

[DISCLOSURE] K&C Global (068150) announced on July 5 that its creditors Atis Investment and Park Cheol have filed for bankruptcy with Suwon District Court on June 7 and June 15, respectively, in response to Korea Exchange’s inquiry regarding the rumor.Due to the inquiry, trading of K&C Global stocks have been suspended, KRX announced in a separate statement.

July 6, 2016