[DISCLOSURE] BH (090460) will guarantee a 3.5 billion won (US$2.98 million) debt of its Chinese affiliate BH Electronics (Haiyang), it announced on June 27. This amounts to 3.26 percent of its equity capital.

June 27, 2016

‘[DISCLOSURE] Sigong Tech (020710) announced on June 27 that the 8.4 billion won (US$7.2 million) construction order from Baekseok University has been canceled. This amounts to 11.1 percent of its revenue in 2013. The contract was signed in May 2014 but the school canceled it citing financial difficulties.

June 27, 2016

[DISCLOSURE] Unichem (011330) reported on June 27 that the entire subscription for its 1,322,474 new stocks have been paid. The stocks, issued for capital increase with third party allotment, amount to 2.2 billion won (US$1.9 million) in total and listing date is July 13.

June 27, 2016

[DISCLOSURE] KC Green Holdings (009440) announced on June 27 that its affiliate KC EnviroServices Network will merge with construction division of KC Enviro Construction for management efficiency.

June 27, 2016

[DISCLOSURE] Ilyang Pharmaceutical (007570) announced on June 27 that it has signed a US$22 million (excluding supplied value of end products) contract with Columbia’s Biopas to supply technology and finished products for leukemia treatment, for sales in Columbia and eight other countries.

June 27, 2016

[DISCLOSURE] DMS (068790) has signed a 22.8 billion won (US$19.4 million) contract with China’s Fuzhou BOE Optoelectronics Technology to provide equipment to manufacture display panels, it announced on June 27. This amounts to 12.65 percent of its recent sales.

June 27, 2016

[DISCLOSURE] Win Hitech (192390) has received a 1.1 billion won (US$963,342) order from Heunghwa to supply steel plates for an office building in Pyeongtaek, Gyeonggi Province, it announced on June 27. This amounts to 1.93 percent of its recent revenue.

June 27, 2016

[DISCLOSURE] POSCO M-Tech (009520), an affiliate of POSCO, has signed a 18 billion won (US$15.4 million) consignment contract with the steelmaker to operate a ferromanganese factory, it announced on June 27.  This amounts to 4.92 percent of its recent revenue.

June 27, 2016

[DISCLOSURE] NK (085310) has adjusted the conversion price of its convertible bonds to 4,667 won (US$3.98) from 6,400 won due to a drop in market price, it announced on June 27. The high pressure gas cylinders and marine fire control systems company has offered bonds worth 23 billion won in private.  

June 27, 2016

[DISCLOSURE] It’s Skin (226320) has signed a trust contract with Miraeasset Daewoo Securities to repurchase its own stocks worth 30 billion won (US$25.6 million), the company announced on June 27.

June 27, 2016

[DISCLOSURE] Hankuk Carbon (017960) will repurchase 1,318,822 of its own shares for 7.7 billion won (US$6.6 million) to stabilize the stock price, the company announced on June 27.

June 27, 2016

[DISCLOSURE] SMEC (099440) has obtained a patent related to hybrid LM guides used for machine tools, it announced on June 27.

June 27, 2016

[DISCLOSURE] NextEye (137940) announced on June 27 that it will establish a wholly owned subsidiary in China, with capital of 5.8 billion won (US$4.9 million).

June 27, 2016

[DISCLOSURE] Hanwha Techwin (012450) has signed a 241 billion won (US$205.5 million) contract with Korea Aerospace Industries (047810) to locally manufacture engines for KF-X program, or Korea Fighter Experimental program aiming to build next-generation ingenuous fighter jets, it announced on June 27.

June 27, 2016

[DISCLOSURE] Daechang Forging (015230) announced on June 27 that its CEO Park Kwon-il has increased his stake in the company to 12.11 percent by purchasing 1,100 shares (0.06 percent) at 40,210 won (US$34.28) per share on June 13.

June 27, 2016