Korea’s Hwasung Cosmetics shines with Affirma Capital’s Midas touch

Singapore-based private equity firm Affirma Capital has turned Hwasung Cosmetics into an emerging original design manufacturer (ODM) for global beau...

Korean Telco giant KT’s Midas touch with hotel business  

KT Corp., one of South Korea’s top three mobile carriers, is on a roll in the hotel business despite its late foray into the hospitality indus...

Korea’s Midas Asset buys logistics center in Italy for €200 mn

South Korea’s Midas Asset Management Co. has bought a logistics center leased to Amazon, the world’s top online shopping mall, in Italy ...

SM Line sees light at the end of the tunnel: SM Group’s Woo

When SM Group, formerly known as Samla Midas Group, took over assets of bankrupt Hanjin Shipping Co., for 37 billion won ($32 million) at the end of...

Midas Asset acquires German logistics portfolio for $217 mn

Seoul-based Midas Asset Management has acquired three logistics assets in Germany, including an Amazon-leased facility, for 200 million euros ($217 mi...

Midas Asset invests $100 mn in US hotel portfolio-backed debt

Midas Asset Management, a small-sized South Korean fund manager, has invested $100 million in a mezzanine debt secured on 53 hotels across the United ...