Auction

Banking & Finance Woori Financial launches $75 mn PF restructuring support fund

South Korea's Woori Financial Group has launched a 100 billion won ($74.96 million) project financing (PF) restructuring support fund.This marks the...

Automobiles Slowing economy creates opportunity for S. Korean used car sellers

South Korea’s used car sellers hope to take advantage of the slowing economic growth at home and abroad to expand their market shares.Lotte Re...

Machinery Hyundai Commercial to enter online used equipment auction business

Hyundai Commercial Inc., Hyundai Motor Group's vehicle financing arm, announced on Friday that it has signed a business agreement with HD Hyundai Co...

IPOs Korea’s No. 2 art auction house to go public in Jan

K Auction, South Korea’s No. 2 art auction house, is set to go public in January 2022 as it aims to court the domestic leader Seoul Auction Co...

Arts Korea’s art sales set for triple-digit growth in 2021

South Korea’s art market is projected to double or even triple in size this year, thanks to the widening of the customer base across all gener...

Life & Arts Art auction sales in Korea soar to highest point since 2008 financial crisis

South Korea’s art market is facing the biggest boom since the global financial crisis, drawing wealthy investors and art enthusiasts alike. Se...

Blackstone, Temasek’s Mapletree in $700 mn auction for Samsung Town office

The Blackstone Group and Temasek-backed Mapletree Investments are competing with South Korean asset managers and brokerage firms in the auction for Sa...

Glenwood PE puts Korean dishwasher maker up for auction

A consortium of South Korea-based Glenwood Private Equity and NH PE have sent teaser letters to potential buyers of Tong Yang Magic, in a shift from i...