Indonesian Muslim Volleyball Player Mega Jeong Kwan-jang Shines in 2023-2024 V League Match
GS Caltex-CheongKwanJang Women’s Match Showcases Mega’s Phenomenal Performance By Kwak Gyeong-hoon Seoul, 20th – The highly anticipated game between GS Caltex and CheongKwanJang in the 2023-2024 Dodram V League was nothing short of mesmerizing as Mega, a rising star in the volleyball world, showcased her exceptional skills on the court. Held at Jangchung Gymnasium, this […]
LX, Harim, and Dongwon Group Race to Secure Funding for HMM Acquisition
LX, Harim, and Dongwon Group are ramping up their efforts to secure significant funds for the acquisition of HMM. The financing capabilities of these companies are considered crucial in the competitive landscape of mergers and acquisitions. Market analysis suggests that the ability to secure financing plays a vital role as a pre-acquisition variable. HMM is […]
Financial Companies Provide Emergency Assistance to Customers and Businesses Affected by Typhoon Kanun
Financial institutions have stepped up to provide emergency assistance to customers and businesses affected by Typhoon Kanun and heavy rainfall. In a bid to support the recovery of small and medium-sized enterprises (SMEs), IBK Industrial Bank of Korea has announced a special assistance program worth 300 billion won. This initiative aims to ensure a swift […]
Potential Buyers Emerge for HMM Takeover Bid
HMM’s Takeover Bid Attracting More Buyers, Success on the Horizon By Boram Choi, Correspondent The takeover bid by HMM, the shipping company, is gaining traction and showing promising signs of success. Following the announcement of the sale by the Industrial Bank of Korea on the 20th, several buyers who were not initially mentioned have now […]
Harim Group Considers Participating in Acquisition of HMM, Korea’s Largest Shipping Company
Harim Group Contemplates Acquisition of HMM, Korea’s Largest Shipping Company In a recent phone conversation with Money Today, a senior official from Harim Group expressed interest in participating in the acquisition of HMM (formerly Hyundai Merchant Marine), Korea’s largest shipping company. However, the official emphasized that they had not yet confirmed the sale announcement. The […]
Kang Seok-hoon Faces Challenges in Selling HMM as Potential Acquirers Show Indifference
KDB Industrial Bank Chairman Faces Challenges in Selling HMM Kang Seok-hoon, chairman of KDB Industrial Bank, has initiated the process of selling HMM, but the task may not be as straightforward as he anticipated. Potential acquirers, who are being considered due to their ability to pay a high price, are showing a lukewarm response to […]
KDB Industrial Bank Commences Sale of HMM Management Rights in Collaboration with Korea Maritime Promotion Corporation
KDB Industrial Bank Initiates Sale of HMM Management Rights The Korea Development Bank (KDB) has taken the first step in selling the management rights of Hyundai Merchant Marine (HMM), in conjunction with the Korea Maritime Promotion Corporation. The joint sale process aims to finalize a stock purchase contract before the end of this year. Efforts […]
Hana Financial Group Selected as Preferred Bidder for Sale of KDB Life Insurance
Hana Financial Group Chosen as Preferred Bidder for Sale of KDB Life Insurance By Kang Ji-soo Hana Financial Group has been selected as the preferred bidder for the sale of KDB Life Insurance, according to KDB Consus Value (KCV PEF). The bidding process for the sale of KDB Life Insurance recently ended, with Hana Financial […]
Hana Financial Group Chosen as Preferred Bidder for Sale of KDB Life Insurance
Hana Financial Group Chosen as Preferred Bidder for Sale of KDB Life Insurance By Kang Ji-soo Hana Financial Group has been selected as the preferred bidder for the sale of KDB Life Insurance, according to KDB Consus Value (KCV PEF). The announcement came on the 13th, following the conclusion of the bid on the 7th. […]
Anchoring the New Track: Xiamen Industrial Bank Branch Supports Strong City Building with Technological Innovation
Xiamen Industrial Bank Branch: Fostering Technological Innovation for a Strong City June 30, 2023 – Financial Sector Information In recent years, Industrial Bank has been at the forefront of providing financial support for scientific and technological innovation. Recognizing the unique characteristics of the fast-growing and high-risk nature of science and technology initiatives, the bank has […]
