K Shipbuilding up for sale as Korean shipyards ride new boom

K Shipbuilding up for sale as Korean shipyards ride new boom

K Shipbuilding Co., a mid-tier South Korean shipbuilder, will be put on the market this month after a strong turnaround. The deal, estimated at 500 ...

Jollibee to buy chicken chain Norang Tongdak amid global K-food frenzy

Jollibee to buy chicken chain Norang Tongdak amid global K-food frenzy

Jollibee Foods Corp., a household name in Southeast Asia’s food market, has been named the preferred buyer of Norang Tongdak, a South Korean f...

LG Chem’s medical skincare business sale draws tepid bid

LG Chem’s medical skincare business sale draws tepid bid

South Korean chemical giant LG Chem Ltd.'s offer for sale of its cosmetics filler business, tagged with an asking price of more than 500 billion won...

Deloitte Anjin to lead sale of Four Points by Sheraton Josun, Myeongdong

Deloitte Anjin to lead sale of Four Points by Sheraton Josun, Myeongdong

IGIS Asset Management Co., a leading South Korean real estate investment firm, has chosen Deloitte Anjin LLC as its lead manager to sell Four Points...

Celltrion to sell autoimmune drug Stelara biosimilar at Costco in US

Celltrion to sell autoimmune drug Stelara biosimilar at Costco in US

South Korea’s leading biosimilar drug developer Celltrion Inc. said on Monday it is set to sell Steqeyma, a biosimilar to autoimmune disease t...

Shinhan REITs picked as sole bidder for BNK Digital Tower

Shinhan REITs picked as sole bidder for BNK Digital Tower

Shinhan REITs Management is expected to acquire BNK Digital Tower, an office building in the affluent neighborhood of Gangnam in southern Seoul, aft...

Koramco REITS chosen preferred buyer of Crescendo Building in Seoul

Koramco REITS chosen preferred buyer of Crescendo Building in Seoul

Koramco REITs Management & Trust Co., a leading South Korean real estate firm, has been chosen as the preferred negotiator to buy the Crescendo ...

GIC to open 2nd tender for Seoul landmark building sale as bids disappoint

GIC to open 2nd tender for Seoul landmark building sale as bids disappoint

Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, is set to seek more proposals from bidders to sell a land...

GIC to pick preferred bidder in $1.1 bn Seoul landmark building sale

GIC to pick preferred bidder in $1.1 bn Seoul landmark building sale

Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, is set to select a preferred bidder for the sale of a lan...

Korea Zinc, Hanwha to co-work on Austrailian BESS project

Korea Zinc, Hanwha to co-work on Austrailian BESS project

Korea Zinc Inc., the world’s top lead and zinc smelter, said on Tuesday its Australian subsidiary Ark Energy selected Hanwha Corp. as the pref...

Korean logistics companies expand overseas businesses

Korean logistics companies expand overseas businesses

South Korea’s logistics companies such as local industry leader CJ Logistics Corp. are expanding their overseas operations to take advantage o...

Korea’s LIG Nex1 to export unmanned surface vessel

Korea’s LIG Nex1 to export unmanned surface vessel

GUMI, North Gyeongsang Province — South Korean defense maker LIG Nex1 Co. aims to export its unmanned surface vessel (USV) under development a...

Apparel maker Hansae sets sights on auto parts business as growth driver

Apparel maker Hansae sets sights on auto parts business as growth driver

HO CHI MINH CITY – South Korean apparel maker Hansae Yes24 Group has set its sights on the auto parts business as a new growth driver to diver...

Korail to join Manila railway maintenance project

Korail to join Manila railway maintenance project

South Korea's state-run railway company Korea Railroad Corporation (Korail) said on Monday that it participates in the operation and maintenance (O&...

IMM consortium picked as preferred bidder for Ecorbit

IMM consortium picked as preferred bidder for Ecorbit

A consortium of IMM Private Equity and IMM Investment has moved a step closer to owning South Korea’s No. 1 landfill company Ecorbit Co. after...

Hanwha’s Kim Dong-seon to raise his stake in Galleria to 19.86%

Hanwha’s Kim Dong-seon to raise his stake in Galleria to 19.86%

Kim Dong-seon, vice president of South Korea’s Hanwha Galleria Corp. and the third son of Hanwha Group Chairman Kim Seung-yeon, plans to buy a...

Hansae Yes24 moves closer to acquiring GM supplier Erae AMS

Hansae Yes24 moves closer to acquiring GM supplier Erae AMS

Hansae Yes24 Holdings Co., the holding company of South Korea’s leading apparel original equipment manufacturer (OEM) Hansae Co., has moved a ...

Fashion OEM Hansae bids for GM Korea supplier Erae AMS

Fashion OEM Hansae bids for GM Korea supplier Erae AMS

The holding company of Hansae Co., a leading global apparel original equipment manufacturer (OEM), is eyeing expansion into auto parts production by...

Woojin selected as preferred bidder for Inglewood light rail project

Woojin selected as preferred bidder for Inglewood light rail project

Woojin Industrial Systems Co., a South Korean railway vehicle manufacturer, said on Friday that it has been selected as the preferred bidder for the...

Qxpress investors to take over Qoo10 founder's control

Qxpress investors to take over Qoo10 founder's control

Financial investors of Qxpress Pte. are set to take over Singapore-based Qoo10 Pte. and its founder Ku Young Bae’s control amid financial turm...

Hanwha Ocean wins $332 mn ship order from S.Korean Navy

Hanwha Ocean wins $332 mn ship order from S.Korean Navy

South Korea's Hanwha Ocean Co. announced on Thursday that it was selected as the preferred bidder for the second auxiliary oiler replenishment (AOE)...

Hanyang Securities stake draws bids without sale manager

Hanyang Securities stake draws bids without sale manager

Hanyang Securities Co. has received preliminary bids from four to five South Korean companies or consortia for its 11.3% stake after its controlling...

MG Non-Life Insurance deal falls through with no bidders

MG Non-Life Insurance deal falls through with no bidders

The sale of South Korean mid-sized insurer MG Non-Life Insurance Co. has been canceled as the financially distressed insurer failed to attract any b...

Hanyang Securities up for sale; in talks with KCGI, Woori

Hanyang Securities up for sale; in talks with KCGI, Woori

Hanyang Securities Co., a small South Korean brokerage firm, has been put on the market as its parent Hanyang University Foundation scrambles to kee...

Hyosung to sell its specialty gas unit for $943 mn to Korean PEs

Hyosung to sell its specialty gas unit for $943 mn to Korean PEs

South Korea’s Hyosung Group is poised to sell a 100% stake in its specialty and industrial gas unit to a consortium led by IMM Private Equity ...

Korea’s POBA to invest $109 mn in Koramco’s office REIT

Korea’s POBA to invest $109 mn in Koramco’s office REIT

South Korea’s Public Officials Benefit Association (POBA) is set to commit 150 billion won ($108.5 million) in preferred stocks for offices in...

Korean IT firms prefer engineers with business capabilities

Korean IT firms prefer engineers with business capabilities

More South Korean information technology companies are seeking engineers with business capabilities as artificial intelligence is expected to take o...

Q Capital named K-drama maker Chorokbaem's preferred bidder

Q Capital named K-drama maker Chorokbaem's preferred bidder

Seoul-based private equity firm Q Capital Partners seeks to buy a 39.3% stake with management rights in South Korean drama series producer Chorokbae...

NongHyup likely to join $654 mn bid for Seoul D Tower office building

NongHyup likely to join $654 mn bid for Seoul D Tower office building

South Korea’s NongHyup Financial Group Inc. (NH Financial) is likely to join the race for the purchase of Donuimun D Tower, a landmark office ...

Hyundai to invest $923 million on self-driving JV Motional

Hyundai to invest $923 million on self-driving JV Motional

Hyundai Motor Group, the world’s third-largest automaker, is set to spend nearly $1 billion on Motional, its loss-making self-driving joint ve...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared