Woori Bank participates in the 4th Internet Bank competition… Participation in Korea Credit Data Consort – Invest Chosun
Woori Bank sends letter of intent to participate in 4th Inbank ConsortiumAccelerating new business promotion by joining hands with Korea Credit Data Woori Bank is participating in the 4th Internet-only bank consortium led by Korea Credit Data (KCD). On the 14th, KCD announced that it would pursue the establishment of a fourth internet-only bank. Woori […]
Saemaul Geumgo struggles to recover PF loan… Supports up to 90% of loans to business acquisition agencies – Invest Chosun
MG Saemaeul Geumgo is trying its best to recover real estate project financing (PF) loans. As concerns about insolvency have recently spread, most PF businesses continue to be rejected even when they are auctioned. As even the senior investment was at risk of principal loss, Saemaul Geumgo even promised support for a ‘90% loan’ that […]
National Pension Service, PEF, Credit, Non-performing Assets, etc. Start of Largest Investment in History at 1.55 Yuan – Invest Chosun
Total investment of KRW 1 trillion in PEF sector, 4 companies selected350 billion won invested in Credit/Distressed and 200 billion won invested in venturesPlan to select PEF, credit/distressed, and venture fund in that order The National Pension Service has begun selecting a private equity fund (PEF), distressed asset, and venture fund management company (GP) this […]
Hive, the ‘K-pop kingdom’ facing the worst reputational risk… Multi-label system Chopping Board – Invest Chosun
Hive vs Min Hee-jin, Adore CEO’s fierce battleShareholders dissatisfied with “stock prices fluctuating due to management issues”Insufficient ‘risk management’ ahead of entering a large companyEven foreign media pay attention… Doubts about the multi-label system Hive, Korea’s largest entertainment company, is facing an unprecedented ‘reputation risk’. The internal strife that started due to ‘suspicion of deviation’ […]
Investment fraud is rampant due to the HD Hyundai Marine subscription fever… Pre-offering and special discounts? – Invest Chosun
Reporting notesImpersonating the CEO and a global investment bankNo competition due to pre-public offering, discounted public offering priceImpossible under the Capital Markets Act… Investors need to be careful “Did you apply for Hyundai Marine Solutions? The public offering price is 83,400 won, but we can do it right now at 50,000 won per share with […]
Hive, New Genes’ agency ‘Adore’ is upset by the attempt to become independent… Stock price plummets 8% – Invest Chosun
Hive begins audit of CEO Min Hee-jin and Adore management A general meeting of directors is convened… Demand for CEO Min Hee-jin’s resignationAdore Hyangbang achieved ‘100 billion won in sales’ in 3 years The stock price of Hive, a large entertainment company, is falling as internal disputes arise. This is because Min Hee-jin, CEO of […]
Go Dong-jin of Samsung was elected, and Gong Young-woon of Hyundai Motors was defeated… The results of the general election are difficult to discuss – Invest Chosun
Three out of five new businessmen nominated by the two major parties failed to run.Ko Dong-jin of Samsung and Eun-seok Choi of CJ enter the National Assembly… Kang Cheol-ho is a seniorDespite the failure of Nom’s nominated businessman, the future political situation will be led by the pan-opposition party. Expectations for market policies targeting after […]
Chairman Jeong Yong-jin, who became the number one figure in Shinsegae Group… Market is ‘anxious’ about succession without clear strategy – Invest Chosun
Shinsegae Group’s Executive Vice Chairman Jeong Yong-jin was ‘surprisingly’ promoted to chairman. In a situation where tasks such as poor affiliate performance and stagnant growth are piling up, attention is being paid to what kind of ‘crisis escape’ strategy the new Chairman Chung will implement. On the other hand, in a situation where management performance […]
The sale of HMM ended up being stranded due to money issues… Korea Development Bank – Invest Chosun, unable to escape the ‘n-number jinx’
The sale of HMM ultimately fell through. After the sale, it was a power struggle over management leadership, but behind the scenes, concerns surrounding Harim Group’s acquisition stamina and recovery of funds from financial investors (FI) were visible. It appears that the concerns raised from the beginning were not resolved in the end. As a […]
Will Samsung Electronics, which was waiting for Lee Jae-yong’s acquittal, break the seal and begin large-scale M&A? – Invest Chosun
As Chairman Lee Jae-yong was found not guilty in the first trial related to unfair merger and accounting fraud, attention is focused on whether Samsung Electronics will begin full-scale expansion. With the return of the head of the company, who is in fact the final decision-maker, expectations are rising that large-scale M&A, which has been […]
