[DISCLOSURE] Samhwa Paint Industrial (000390) has obtained a patent on UV curable type transparent color coating composition for PCM (pre-coated metal), it announced on June 28.

June 28, 2016

[DISCLOSURE] Dongnam Chemical (023450) announced on June 28 that its agenda to merge with Miwon EOD has been approved at the extraordinary shareholders meeting.

June 28, 2016

[DISCLOSURE] Gmp (018290) will issue stocks worth 43 billion won (US$36.4 million) for capital increase to finance equipment, operations and others, it announced on June 28. It will offer 15,377,330 shares at 2,800 won each to its shareholders and the listing date is Sept. 13.

June 28, 2016

[DISCLOSURE] Taeyang C&L (072520) has completed capital reduction, the company announced on June 28. Its capital has reduced to 2.9 billion won (US$2.5 million) from 14.4 billion won and the total number of shares is 28,855,725.

June 28, 2016

[DISCLOSURE] Ilsung Construction (013360) announced on June 28 that it has received a 26.3 billion won (US$22.3 million) order from Korea Asset in Trust to build a multi-purpose building in Jeju. This amounts to 11.40 percent of its recent revenue.

June 28, 2016

[DISCLOSURE] Busan International Terminal reported on June 28 that Hanjin Shipping (117930) has sold all of its 1,466,892 shares (33.3 percent). It also reported that Sinokor Merchant Marine now owns 1,466,892 shares (33.3 percent) of the company.

June 28, 2016

[DISCLOSURE] Sammok S-Form (018310) has set the price of its new stocks at 12,950 won (US$10.97) per share, it announced on June 28. The concrete structure firm decided to issue 4.9 million shares for capital increase.

June 28, 2016

[DISCLOSURE] Hanjin Heavy Industries & Construction (097230) announced on June 28 that it has sold land and building in Incheon for 45.8 billion won (US$38.8 million) to improve its financial structure. This amounts to 0.77 percent of its total assets.

June 28, 2016

[DISCLOSURE] Histeel (071090) has signed a US$12 million contract with Italy’s Saipem to supply pipes for petrochemical products, it announced on June 28. This is part of a project to build a refinery in Kuwait and amounts to 10.59 percent of its recent revenue.

June 28, 2016

[DISCLOSURE] Yuyang D&U (011690) has obtained a patent related to method and apparatus for visible light communications for better Li-Fi, it announced on June 28.

June 28, 2016

[DISCLOSURE] Wemade Entertainment (112040) announced on June 28 that it has signed a 30 billion won (US$25.4 million) contract with Shanghai Kaiying Network Technology for licensing mobile and Web game Legend of Mir in China. This amounts to 23.7 percent of its recent revenue.

June 28, 2016

[DISCLOSURE] Alphachips (117670) announced on June 28 that its largest shareholder has changed from special purpose company Alpha Craft to Premier Bio as they have signed a stock transfer agreement. Premier Bio has purchased 982,849 shares for 8.2 billion won (US$6.9 million) and its stake will increase to 21.6 percent.

June 28, 2016

[DISCLOSURE] Meritz Financial Group (138040) denied news reports that it is considering Meritz Fire & Marine Insurance (000060), in response to Korea Exchange’s inquiry on June 27.

June 28, 2016

 [DISCLOSURE] Gumsung Tech (058370) announced on June 27 that its creditor GSR Partners has filed a petition for its bankruptcy on June 23 at Suwon District Court. Korea Exchange has suspended trading of its stocks.

June 28, 2016

[DISCLOSURE] Kukdong (005320) will issue convertible bonds worth 20 billion won (US$16.9 million) to fund operations and invest in equipment, it announced on June 27. The maturity date is June 29, 2022.

June 28, 2016