Kosdaq

Shareholder activism US PE firm Miri Capital ups stake in Korea’s STIC Investments

US private equity firm Miri Capital Management LLC said on Tuesday it has raised its stake in STIC Investments Inc. to step up its shareholder activ...

IPOs Korean B2B fintech firm Dozn plans Kosdaq IPO for $202.5 mn market cap

South Korea’s business-to-business fintech service provider Dozn is planning an initial public offering on the Kosdaq in February for an estim...

Mergers & Acquisitions Korea’s Cactus PE to buy stake in Kosdaq-listed EV parts firm

South Korea’s Cactus Private Equity is set to acquire a stake in YM Tech Co., a Kosdaq-listed electric vehicle (EV) parts maker, for nearly 20...

Korean Investors In South Korea, cash is king on US election, Samsung uncertainties

South Korean investors are hoarding cash as Samsung Electronics Co., the world’s top memory chipmaker, hurts local stocks and uncertainties ov...

Robotics Clobot seeks to list Kosdaq in October

South Korea's robot software company Clobot said on Tuesday that it submitted a registration statement to the Financial Services Commission and ha...

IPOs Kosdaq cancels IPO approval for cloud developer InnoGrid

The Kosdaq market under the Korea Exchange said on Wednesday it has canceled its preliminary approval for InnoGrid Co.’s initial public offeri...

IPOs Spaceflight venture Innospace eyes July Kosdaq IPO

South Korean spaceflight startup Innospace, which fired the country’s first private launch vehicle last year, aims to list on the Kosdaq in Ju...

Rights offerings Dim outlook for Korean biotech firms’ rights offerings

South Korea’s bio and tech-heavy Kosdaq-listed Shaperon Inc. raised 12.7 billion won ($9.2 million) from its latest rights offering, selling o...

IPOs Korean biotech Xcell Therapeutics eyes June IPO

South Korean biotech Xcell Therapeutics Inc., a developer of chemically defined media for in vitro cell culture, is aiming for a junior bourse Kosda...

E-commerce MBK to delist Korean e-commerce Connectwave after tender offer

MBK Partners, one of the largest Asian private equity firms, is set to delist South Korea’s leading e-commerce operator Connectwave Co. from t...

Upcoming IPOs Korchip sets IPO price above expected range

South Korea's micro secondary battery manufacturer Korchip set its IPO price at 18,000 won ($13.15), exceeding the upper end of the expected range (...

Korean stock market HD Hyundai Electric likely to join MSCI Korea: Samsung Securities

HD Hyundai Electric Co., Alteogen Inc. and Enchem Co. are expected to be invited to join Morgan Stanley Capital International’s Korea Index wh...

Upcoming IPOs Korean lidar venture SOSLab eyes Kosdaq debut in May

South Korean light detection and ranging (lidar) startup SOSLab aims to debut on the junior bourse Kosdaq in May, according to banking sources on Su...

Upcoming IPOs Peter Thiel-backed D&D Pharmatech gets preliminary nod for IPO

South Korean clinical-stage biotech D&D Pharmatech Inc. has won approval from the Korea Exchange’s preliminary review for listing on the j...

IPOs LS Materials’ share price quadruples on Kosdaq debut

The share price of LS Materials Co., a South Korean energy storage device maker, quadrupled on its Kosdaq market debut Wednesday given its rosy earn...

Future mobility Pablo Air secures $15.5 mn in pre-IPO investment

Pablo Air Co. Ltd., a specialized drone control company, announced on Friday that it has attracted an investment of 21 billion won ($15.5 million) i...

Earnings Tesla supplier L&F’s earnings disappoint; shares down

L&F Co., global electric vehicle leader Tesla Inc.’s battery materials supplier, missed quarterly earnings estimates on sluggish product p...

Upcoming IPOs Fabless FADU taps institutional demand to raise about $151 mn

FADU Technology, the first unicorn in South Korea’s semiconductor sector, has embarked on a process to raise up to 193.8 billion won ($151 mil...

Korean stock market Korea's IPO market heats up with higher price cap for new stocks

South Korea’s initial public offering market is heating up with some 30 firms set for new share subscriptions in July and August, more than su...

Batteries EcoPro’s Q2 earnings lag estimates; share plunges

South Korean battery materials maker EcoPro Co. has logged second-quarter earnings below consensus estimates. Its share price, which has soared more...

Earnings S.Korean karaoke machine leader TJ Media enjoys post-pandemic boom

South Koreans’ love for singing is no secret, and with the lifting of social-distancing rules in the post-pandemic era their suppressed desire...

Bio & Pharma CrystalGenomics to sell largest 20% stake to Invites Healthcare for $44 mn

CrystalGenomics Inc., South Korea’s first-generation biopharma venture company, will sell new shares worth 58 billion won ($44 million) in a b...

Bio & Pharma Huons sees tripling of lidocaine vial output in 3 years

South Korea’s Huons Co., an anesthetics vial producer, aims to triple its lidocaine output from 2026, targeting the US market, where it fills ...

Korean stock market S.Korea’s hottest stock EcoPro may miss invitation from MSCI Korea in May

Cosmo Advanced Materials & Technology Co. and Hanwha Aerospace Co. are expected to join the MSCI Korea Index next month but South Korea’s ...

Batteries LS Group' corporate value soars as EV battery market grows

LS Corp., a holding company of South Korea's LS Group, has seen its enterprise value swell by nearly 1 trillion won ($760 million) over the past yea...

Korean stock market Investors ready their return to Korean stock market but with bet on declines

Investors are readying their return to the stock market in South Korea, encouraged by the rosy outlook for secondary battery stocks, but more retail...

Korean stock market South Korea's Kosdaq Global Index set to add more stocks

Financial investment sources on Wednesday said Korea Exchange on March 31 conducted a regular review on listing more companies on the Kosdaq Global ...

Mergers & Acquisitions Kosdaq-listed Daebo Magnetic’s 46% stake up for sale, its shares swing

South Korea’s leading secondary battery equipment player Daebo Magnetic Co. is set to sell its owner family’s controlling stake of about...

Mergers & Acquisitions SM puts cash cows up for sale as conflict with founder heats up

SM Entertainment Co., mired in conflict with its founder and former Chief Producer Lee Soo-man, is seeking to sell its shares in three key arms, wor...

Korean stock market Individual investors in S.Korea betting on stock market's decline

Despite South Korea's Kosdaq stock market growing this month following the "January rally," individual investors in the country are still betting on...