[DISCLOSURE] Daewoo Shipbuilding & Marine Engineering (042660) will lend 69.1 billion won (US$60 million) in cash to its affiliate Daewoo-Mangalia Heavy Industries, it announced on June 24.

June 24, 2016

[DISCLOSURE] Lotte Himart (071840) confirmed on June 24 that a former executive has been found guilty of embezzlement and negligence, and the amount confirmed is 595 million won (US$505,750). 　

June 24, 2016

[DISCLOSURE] Dongbang Ship Machinery (099410) acknowledged on June 24 that it is considering merging with its subsidiary Dongbang Shipbuilding but did not provide any specifics.

June 24, 2016

[DISCLOSURE] KGC LifeNGine announced on June 24 that it has been merged with Somang Cosmetics at 1:0.2421675 ratio. Both companies are affiliates of tobacco and ginseng company KT&G (033780).

June 24, 2016

[DISCLOSURE] NHN Entertainment (181710) will hold an IR at Mirae Asset Securities Game Corporate Day on June 27 in Yeouido, Seoul, it announced on June 24.

June 24, 2016

[DISCLOSURE] Curo Holdings (051780) will acquire the entire stake (65,000 shares) of PI Entertainment for 1 billion won (US$0.87 million), it announced on June 24. This amounts to 1.26 percent of its equity capital. The company will offer 372,960 shares to an individual for 800 million won for capital increase. The payment is due on July 6 and the listing date is July 21.

June 24, 2016

[DISCLOSURE] Hanjin Heavy Industries & Construction Holdings (003480) announced on June 24 that its subsidiary Daeryun E&S will lend 30 billion won (US$26.2 million) in cash to Daeryun Power. This amounts to 12.5 percent of its equity capital.

June 24, 2016

[DISCLOSURE] Woori Bank (000030) will lend 1.5 trillion won (US$1.3 billion) in cash to Korea Deposit Insurance Corporation, it announced on June 24. This amounts to 7.77 percent of its equity capital.

June 24, 2016

[DISCLOSURE] Shinsegae Engineering & Construction (034300) will guarantee a 104 billion won (US$90.7 million) debt of P&F, it announced on June 24. This amounts to 111.9 percent of its equity capital.

June 24, 2016

[DISCLOSURE] Korea United Pharm (033270) has signed a US$68.8 million contract with Jianxi JiminKexin Group to supply incrementally modified drugs, it announced on June 24.

June 24, 2016

[DISCLOSURE] CoAsia Holdings (045970) will guarantee a 26.7 billion won (US$23.3 million) debt of its subsidiary BSE, it announced on June 24. This amounts to 22.29 percent of its equity capital

June 24, 2016

[DISCLOSURE] On June 24, Lotte Chilsung Beverage (005300) acknowledged media reports that it is considering acquiring Pepsi-Cola bottler in Pakistan but did not provide any specifics.

June 24, 2016

[DISCLOSURE] NS Shopping (138250) denied reports that it is considering reselling the site in Pi City, it announced on June 24. The online shopping company said it is developing plans for the site in southern Seoul with consultants. 　

June 24, 2016

[DISCLOSURE] Nano Chem Tech (091970) has exercised its preemptive rights for 279,561 new shares, it announced on June 24. This is 2.77 percent of total shares issued by the new materials developer. 

June 24, 2016

[DISCLOSURE] JT Corporation (089790) will offer convertible bonds worth 7 billion won (US$6.1 million) in private to fund its investment in equipment, the semiconductor tester company announced on June 24. This amounts to 30.93 percent of its equity capital. The maturity date is June 28, 2021.

June 24, 2016