[DISCLOSURE] KB Insurance (002550) reported on June 30 that its operating profit in May has risen by 24 percent to 51.5 billion won (US$44.5 million) from the same period last year. Its revenue was 781.4 billion won and the net profit 35.9 billion won, 4.4 percent and 16.4 percent increase, respectively.

June 30, 2016

[DISCLOSURE] MS Autotech (123040) will increase its short-term borrowings by 20 billion won (US$17.3 million) to finance operations, it announced on June 30. This amounts to 21.47 percent of its equity capital and the total amount of its short-term borrowings is 46.9 billion won.

June 30, 2016

[DISCLOSURE] Samsung Pharmaceutical (001360) announced on June 30 that it has decided on a 39.5 billion won (US$34.1 million) capital increase to finance equipment and operations. It will issue 9 million stocks and offer first to existing shareholders.

June 30, 2016

[DISCLOSURE] Hanp (066110) announced on June 30 that it will issue convertible bonds worth 10 billion won (US$8.6 million) and offer them to its new largest shareholder SL Innovations, with maturity date on Aug. 25, 2019. 　It has also decided on a 12 billion won capital increase, issuing 3,153,745 shares allotted to SL Innovations, the printer company said in a separate statement.

June 30, 2016

[DISCLOSURE] SeAH Holdings (058650) announced on June 30 that its subsidiary SeAH R&I will acquire 10 million shares of Indies Special Opportunities, a Singaporean asset management company, for US$10 million. This amounts to 10.75 percent of its equity capital.

June 30, 2016

[DISCLOSURE] Meritz Fire & Marine Insurance (000060) reported on June 30 that in May it posted sales of 497 billion won, with 36.3 billion (US$31.3 million) in operating profit and 26 billion won net profit. The monthly sales was a 9.8 percent increase from the same period last year but the profits decreased by 6 percent and 4.3 percent, respectively.

June 30, 2016

[DISCLOSURE] Hanwha General Insurance (000370) reported on June 30 that its operating profit in May has decreased by 15.3 percent to 14.3 billion won (US$12.4 million) from the same period last year. During the period, its revenue increased by 10.6 percent to 410.9 billion won while the net profit decreased by 14.5 percent to 10.2 billion won from the same period last year.

June 30, 2016

[DISCLOSURE] Hyundai Marine & Fire Insurance (001450) reported on June 30 that its operating profit in May increased by 0.1 percent to 53.7 billion won (US$46.3 million) from the same period last year. During the period, its revenue increased by 7.8 percent to 1.4 trillion won while the net profit decreased by 2 percent to 38 billion won.

June 30, 2016

[DISCLOSURE] Samsung Fire & Marine Insurance (000810) reported on June 30 that in May it posted sales of 1.5 trillion won, with 119.9 billion (US$103.5 million) in operating profit and 94.5 billion won net profit. The monthly sales was a 5.9 percent increase from the same period last year and the profits increased by 6.5 percent and 7.9 percent, respectively.

June 30, 2016

[DISCLOSURE] Daewoo Shipbuilding & Marine Engineering (042660) denied media reports saying it is seeking to sell its well-performing business to Samsung Heavy Industries (010140), in a statement on June 30, in response to Korea Exchange’s inquiry. It is seeking to establish additional plans to turn itself around despite the worsening conditions, it added. 

June 30, 2016

[DISCLOSURE] Ilsung Construction (013360) has received a 33.5 billion won (US$28.9 million) order from Incheon Urban Railroad Construction Headquarters for Songdo Landmark City extension, it announced on June 30. This amounts to 14.51 percent of its recent revenue.

June 30, 2016

[DISCLOSURE] Win Hitech (192390) has received a 1.1 billion won (US$924,007) order from IS Dongseo (010780) to supply steel plates for a multi-purpose building in Incheon, it announced on June 30. This amounts to 1.83 percent of its recent revenue.

June 30, 2016

[DISCLOSURE] DI (003160) has signed a 9.5 billion won (US$8.2 million) contract with Samsung Electronics (005930) to supply burn-in tester for semiconductors, it announced on June 30. This amounts to 9 percent of its recent revenue.

June 30, 2016

[DISCLOSURE] IntRon Biotechnology (048530) has obtained a US patent related to method to prevent and treat Salmonella infection, it announced on June 30.

June 30, 2016

[DISCLOSURE] Dongbu Corporation (005960) has received a 55.9 billion won (US$48.2 million) order from Korea Land & Housing to build apartment buildings in Daegu, it announced on June 30. This amounts to 8 percent of its recent revenue.

June 30, 2016