[DISCLOSURE] BHI (083650) has acquired 186,427 shares of Smart Power for 279 million won (US$0.24 million), it announced on June 24. This amounts to 0.31 percent of its equity capital. To further secure its footing in small to medium-sized nuclear reactor business, BHI bought the newly issued stocks offered for capital increase with cash and its stake increased to 18.58 percent. Smart Power is an SPC sponsored by Ministry of Science, ICT and Future Planning to lead the industrialization of “smar

June 24, 2016

[DISCLOSURE] Sambo Corrugated Board (023600) will guarantee a 16.8 billion won (US$14.7 million) debt of its affiliate Dongjin Paperboard, it announced on June 24. This amounts to 5.8 percent of its equity capital.

June 24, 2016

[DISCLOSURE] Korea Materials & Analysis (043290) has signed a 44 billion won (US$38.4 million), but due to its nondisclosure clause, its content will remain confidential until Dec. 31, K-MAC said on June 24.

June 24, 2016

[DISCLOSURE] New Pride (900100) has decided on an 18 billion won (US$15.7 million) capital increase with third party allotment to finance operations, it announced on June 24. The logistics company will issue 442,432 shares at 4,072 won per share and offer to JYK Fintek. The payment is due on July 30 and listing date is August 15. After the payment, JYK, an M&A firm based in California, will become the largest shareholder. 　

June 24, 2016

[DISCLOSURE] SAMT (031330) has decided to issue stocks at 1,340 won (US$1.17) per share, it announced on June 24. It will issue a total of 20 million shares and the par value is 500 won.

June 24, 2016

[DISCLOSURE] Shinsegae I&C (035510) announced on June 24 that its CEO Kim Jang-wook has purchased 1,220 shares of the company’s stock and owns 0.07 percent stake.

June 24, 2016

[DISCLOSURE] Jusung Engineering (036930) will hold IR sessions in New York, Boston and Chicago from June 27-30 for foreign investors, it announced on June 24.

June 24, 2016

[DISCLOSURE] Toray Chemical Korea (008000) announced on June 24 that its co-CEO Nishimoto Yasunobu will be replaced by co-CEOs Matsumura Masahide and Im heui-seok. Both are executives of the company’s affiliates. Chairman and CEO Lee Young-kwan will maintain his post.

June 24, 2016

[DISCLOSURE] Dongyang Steel Pipe (008970) has named Kim Hyeong-yong as its internal director, it announced on June 24. The sales executive’s appointment was authorized at an extraordinary shareholders meeting on June 24.

June 24, 2016

[DISCLOSURE] Fortis (141020) will issue convertible bonds worth 6 billion won (US$5.2 million) for private offering, it announced on June 24. The payment is due on June 24.

June 24, 2016

[DISCLOSURE] JS Corporation (194370) will hold IR sessions in Singapore and Hong Kong on June 27 for foreign investors, it announced on June 24.

June 24, 2016

[DISCLOSURE] Telcon (200230) has decided on a 5 billion won (US$4.4 million) capital increase with third party allotment to finance operations, it announced on June 24. The company will issue 281,690 shares at 17,750 won per share and offer to its largest shareholder Telcon Holdings. The payment is due on July 29 and listing date is Aug. 11.

June 24, 2016

[DISCLOSURE] The Leadcorp (012700) will close its stockholders’ list from July 1-7 to confirm shareholders with rights to interim dividends, it announced on June 24.

June 24, 2016

[DISCLOSURE] THB Global (084870) announced on June 24 that Ilheung Apparel and Kumgang Leisure increased their stakes in the apparel maker. Ilheung took over 2,100 shares and 5,250 shares on June 17 and 20 respectively, and now owns 249,905 shares (1.2 percent). Kumgang bought 800 shares on June 20, and now owns 138,100 (0.66 percent) shares.

June 24, 2016

[DISCLOSURE] Seoul Leaguer Partners announced on June 24 that it no longer holds any stake in Rocket Mobile (043710) as their special relationship has been dissolved. The company led by plastic surgeons of Seoul Leaguer in Shanghai had earlier held 9.75 percent shares in online game developer Rocket Mobile to participate in management.

June 24, 2016