[DISCLOSURE] Dayou A-Tech (002880) announced on July 4 that its subsidiary Dayou Winia has decided on a paid-in capital increase worth 51 billion won (US$44.4 million) for operations and equipment. The company will issue 7.5 million shares for public subscription at 6,800 won each.

July 5, 2016

[DISCLOSURE] Hyundai Merchant Marine (011200) announced on July 1 that it will extend its investment period for purchasing two dry bulk carriers worth 555.9 billion won (US$483 million) from July 31 to Jan. 24, 2017.

July 1, 2016

[DISCLOSURE] CoAsia Holdings (045970) has acquired EastBridge Asian Mid-Market Opportunity Fund’s entire stake of its subsidiary Itswell for 12.8 billion won (US$11.1 million), it announced on July 1. This amounts to 10.2 percent of its equity capital. CoAsia took over 1,666,666 shares and now owns 82.56 percent stake.

July 1, 2016

[DISCLOSURE] Hanjin Heavy Industry & Construction (097230) has received a 201.4 billion won (US$182.8 million) order for a reconstruction project in Daegu, the company announced on July 1. This amounts to 6.46 percent of its recent revenue.

July 1, 2016

[DISCLOSURE] Kia Motors (000270) has acquired money market trust worth 50 billion won (US$43.4 million) from its affiliate HMC Investment Securities, the company announced on July 1.

July 1, 2016

[DISCLOSURE] Diotek (108860) announced on July 1 that it has acquired 2,108,345 shares of its affiliate Infraware (041020) from its largest shareholder Kwak Min-cheol for 12 billion won (US$10.4 million) to improve financial structure. Diotek now is the largest shareholder of the software developer.

July 1, 2016

[DISCLOSURE] Kumho Industrial (002990) announced on July 1 that Seo Jae-hwan has replaced Won Il-woo as the co-CEO. Seo was a president of Kumho Asiana Group’s strategic management. Park Sam-koo, chairman of Kumho Asiana Group, will maintain his post as co-CEO of the group's mother company.

July 1, 2016

[DISCLOSURE] Raygen (047440) has sold 4,980,495 shares, the entire stake of its affiliate Raymold for 8.5 billion won (US$7.4 million) to improve financial structure, it announced on July 1. This amounts to 13.23 percent of its equity capital.

July 1, 2016

[DISCLOSURE] Dongbu Corporation (005960) has received a 12.5 billion won (US$10.8 million) order from Chungcheongnam-do Comprehensive Construction Office to build state library, it announced on July 1. This amounts to 1.79 percent of its recent revenue.

July 1, 2016

[DISCLOSURE] KEPCO KPS (051600) has received a 60.2 billion won (US$52.3 million) order from Korea Southern Power for generation plant maintenance, the KEPCO affiliate announced on July 1. This amounts to 5.1 percent of its recent revenue.

July 1, 2016

[DISCLOSURE] Samsung SDS (018260) is considering splitting off its logistics business, it announced on July 1 in response to Korea Exchange’s inquiry regarding media reports saying that it will sell some of its business including logistics and consulting SI, but did not provide any specifics.

July 1, 2016

[DISCLOSURE] Sungjee Construction (005980) announced on July 1 that Lee Yong-seung has been named as its new CEO. Former CEO / representative director Lee Gwan-ho has stepped down for personal reasons.

July 1, 2016

[DISCLOSURE] SeAH BeSteel (001430) announced on July 1 that it has acquired 7.19 million shares of its affiliate SeAH CSS for 166.8 billion won (US$144.9 million) to consolidate its controlling stake. This amounts to 8.7 percent of its equity capital and it now owns 74.8 percent of its subsidiary.

July 1, 2016

[DISCLOSURE] Chosun Refractories (000480) has signed a 39.9 billion won (US$34.7 million) contract with Posco to supply refractory products and furnace maintenance, it announced on July 1.

July 1, 2016

[DISCLOSURE] Genesem (217190) has signed a 1.4 billion won (US$1.2 million) contract with Samsung Electronics (005930) to supply semiconductor backend processing equipment, the company announced on July 1. This amounts to 4.06 percent of its recent revenue.

July 1, 2016