[DISCLOSURE] Daelim Industrial (000210) has received a 239.5 billion won (US$206.6 million) order to build multi-unit housing in Yeongjong Sky City in Incheon, it announced on June 21.

June 21, 2016

[DISCLOSURE] Korea Semiconductor System (089890) announced on June 21 that it has named Park Myeong-sun as its new CEO.

June 21, 2016

[DISCLOSURE] Hyundai Engineering and Construction (000720) will guarantee a 312 billion won (US$269.2 million) debt for a housing reconstruction association, it announced on June 21. This amounts to 4.16 percent of its equity capital.

June 21, 2016

[DISCLOSURE] Globon (019660) has signed two contracts to supply 30 million sheets of mask pack in total, with Hanyang CNC, Oh Kims Cosmetic and Autoaction, it announced on June 21. The total amount of the contract will remain undisclosed until June 20, 2017, in accordance with a nondisclosure clause.

June 21, 2016

[DISCLOSURE] Taeyoung Engineering & Construction (009410) will guarantee debts of 52.6 billion won (US$45.4 million) for those who purchase units of its apartment building in Changwon, South Gyeongsang Province, the company announced on June 21. This amounts to 4.2 percent of its equity capital, and is a joint surety for their down payment.

June 21, 2016

[DISCLOSURE] BUGS (104200) has signed a trust contract with Shinhan Investment to repurchase its own stocks worth 5 billion won (US$4.3 million), the company announced on June 21.

June 21, 2016

[DISCLOSURE] Y-Entec (067900) has acquired 1.42 million shares of BS Shipping for 7.5 billion won (US$6.5 million) to secure additional vessels, it announced on June 21. The firm now owns 100 percent of the sea transportation company.

June 21, 2016

[DISCLOSURE] OCI (010060) announced on June 21 that it will invest 8.2 billion won (US$7.1 million) for its affiliate OCISE to pay for existing EPC (engineering procurement construction). The chemical company will also invest 34.1 billion won for another affiliate OCI Specialty to improve its financial structure, it said in a separate statement. 

June 21, 2016

[DISCLOSURE] Daeho AL (069460) said on June 21 it had no important information to share in response to Korea Exchange’s inquiry regarding the drastic changes in stock prices and trading volumes.

June 21, 2016

[DISCLOSURE] Global SM Tech (900070) will hold an extraordinary shareholders meeting to discuss IPO of its Vietnamese affiliate, on August 16 in Incheon, the company announced on June 21. It will close its shareholders’ registry from July 23-27 to determine the shareholders entitled to participate in the meeting, it announced in a separate statement. 

June 21, 2016

[DISCLOSURE] ViroMed (084990) has obtained a patent related to gene therapy for diabetic neuropathy in Australia, it announced on June 21.

June 21, 2016

[DISCLOSURE] Dongkuk Structure & Construction (100130) has signed a US$18.6 million contract to install wind towers in America, it announced on June 21. This amounts to 10.28 percent of its recent revenue. The company decline to reveal the other party of the contract due to the nondisclosure clause of the contract.

June 21, 2016

[DISCLOSURE] Kumyang (001570) has signed an MOU with China’s Qinghai Salt Lake Industry for joint investment, it announced on June 21.

June 21, 2016

[DISCLOSURE] BG T&A (046310) will take over 1,018,726 shares of its affiliate Baek Geum Philippines for 2.6 billion won (US$2.2 million) to enlarge its production facility, it announced on June 21. This amounts to 11.08 percent of its equity capital and the company now owns 99.98 percent of the Philippine affiliate.

June 21, 2016

[DISCLOSURE] Shinyang Auracom Display (086830) has decided to issue new stocks for a 1 billion won (US$0.86 million) capital increase with third party allotment to finance its operations, it announced on June 21.

June 21, 2016