[DISCLOSURE] Lotte Fine Chemical (004000) announced on June 20 that Ulsan District Court has commenced the rehabilitation process of its affiliate SMP. Lotte has invested 76.2 billion won (US$65.1 million), amounting to 6.55 percent of its equity capital.

June 20, 2016

[DISCLOSURE] KaHee (030270) will acquire land worth 9 billion won (US$7.7 million) to build an R&D center for its affiliate, it announced on June 20.

June 20, 2016

[DISCLOSURE] Advanced Digital Chips (054630) will issue convertible bonds worth 3 billion won (US$2.6 million) for private offering to finance operations, the company announced on June 20.

June 20, 2016

[DISCLOSURE] Emerson Pacific (025980) will sign a trust contract to repurchase its own stocks worth 10 billion won (US$8.5 million), the company announced on June 20.a

June 20, 2016

[DISCLOSURE] Hize Aero (221840) announced on June 20 that Lazard Korea Asset Management has purchased 1 million of its shares in an after-hours block deal, owning 5.65 stake of the aero parts company.

June 20, 2016

[DISCLOSURE] Cheryong Industrial (147830) will close its shareholders’ registry from July 6-8 to determine the shareholders entitled to bonus issues, it announced on June 20.

June 20, 2016

[DISCLOSURE] Baiksan (035150) has sold 1,809,988 of its Hanp shares for 5.98 billion won (US$5.1 million) to improve its financial strength, it announced on June 20. This amounts to 5.77 percent of its equity capital. After the disposal, its stake will decrease to 0.97 percent.

June 20, 2016

[DISCLOSURE] Daou InCube (020120) announced on June 20 that it has named Park Seong-chan as its new CEO. Park worked at LG Dacom and Cyberpass before he joined the technology service provider’s affiliate Daou Tech in 2008, and in 2016 began overseeing the company.

June 20, 2016

[DISCLOSURE] FORCS (189690) has decided on a year-end cash dividend of 100 won per share, it announced on June 20. The total amount will be 652 million won (US$0.56 million) and the dividend record date is June 30. The software developer has also decided on a stock dividend of 0.05 common stock per share, it said in a separate statement. The total number of shares to be issued is 326,148.

June 20, 2016

[DISCLOSURE] Dongnam Marine Crane (101000) will guarantee a 3.9 billion won (US$ 3.3 million) loan of its vessel parts manufacturing subsidiary Q Tech, it announced on June 20. This amounts to 10.9 percent of DMC’s equity capital.

June 20, 2016

[DISCLOSURE] Essen Tech (043340) said on June 20 it had no important information to share in response to Korea Exchange’s inquiry regarding the recent surge in its stock price.

June 20, 2016

[DISCLOSURE] Win Hitech (192390) has signed a 1.6 billion won (US$1.4 million) contract with Hyundai Engineering & Construction (000720) to supply steel frames and plates for apartment buildings in Goyang-si, Gyeonggi Province, it announced on June 20.

June 20, 2016

[DISCLOSURE] Korea Polymer (009810) has signed a 2.99 billion won (US$2.6 million) contract with Korea Southern Power to supply 74,000 tons of flaming coal, it announced on June 20.

June 20, 2016

[DISCLOSURE] Exem (205100) has been selected to manage a national project on developing key technologies in knowledge service industry, it announced on June 20. The government will fund 540 million won (US$0.5 million) for the project that will develop cloud service for big data based analysis and optimal decision-making.

June 20, 2016

[DISCLOSURE] Caregen (214370) has signed a US$1.53 million contract with Egypt’s International Medical Care to supply filler for arthritis treatment, it announced on June 20.

June 20, 2016