Seok-Cheol Choi's profile photo

Seok-Cheol Choi

South Korea

Articles

  • 4 days ago | kedglobal.com | Seok-Cheol Choi

    An increasing number of asset management firms in South Korea are exercising their voting rights at portfolio companies more frequently than before. Nevertheless, they hardly opposed those companies’ proposed agenda, data shows. The regulatory Financial Supervisory Service (FSS) said on Wednesday that the rate of asset managers’ proxy voting at shareholder meetings stood at 91.6% in the period from April 1, 2024 and March 31, 2025. Of the votes, only 6.8% were cast against their proposed agenda.

  • 1 week ago | kedglobal.com | Seok-Cheol Choi

    The Pinkfong Company Inc., the creator of the billion-view video Baby Shark, has launched the process of an initial public offering on South Korea’s junior stock market Kosdaq as it rebounds from the post-pandemic slump. On Thursday, the South Korean startup submitted a preliminary filing to the Korea Exchange for its IPO. Mirae Asset Securities Co. and Samsung Securities Co. are are acting as joint underwriters.

  • 1 week ago | kedglobal.com | Jun-ho Cha |Seok-Cheol Choi

    Bang Si-hyuk, founder and chairman of HYBE Co., the South Korean entertainment giant behind K-pop global sensation BTS, could face prosecutors’ probes for an allegation of fraudulent activities linked to the company’s 2020 initial public offering.

  • 3 weeks ago | kedglobal.com | Seok-Cheol Choi

    Lotte Group, South Korea’s fifth-largest conglomerate by assets, will buy back a stake in Lotte Global Logistics Co. from the latter’s financial investor for about 380 billion won ($269 million) after its logistics arm failed to go public. Lotte Corp., the group’s holding company, announced on Monday in a regulatory filing that LLH has exercised its right to sell 7,472,161 shares, or 21.87%, of Lotte Global Logistics under a put option agreement signed between the two parties in 2017.

  • 2 months ago | kedglobal.com | Seok-Cheol Choi

    A consortium of IMM Private Equity Inc. and IMM Investment Corp. has secured full ownership of Hyundai LNG Shipping, South Korea’s top liquefied natural gas (LNG) tanker operator, stoking speculation that a renewed sale of the LNG tanker operator could be on the horizon.

Contact details

Socials & Sites

Try JournoFinder For Free

Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.

Start Your 7-Day Free Trial →