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Korean Stock Firms Criticize ISS Decision on Samsung Merger

Korean Stock Firms Criticize ISS Decision on Samsung Merger

SEOUL, July 7 (Korea Bizwire) – After the proxy advisory firm Institutional Shareholder Services (ISS) released its report opposing the merger between Samsung C&T and Cheil Industries, the de facto holding company of the Samsung Group, Korean stock companies criticized faults in the advisory report one after another. On July 6, Korea Investment and Securities assumed [...]

Health Ministry Launches 2nd Phase of “Pharma Fund”

Health Ministry Launches 2nd Phase of “Pharma Fund”

SEOUL, Feb. 3 (Korea Bizwire) – To help Korean pharmaceutical companies advance globally, and strengthen their competitiveness, the Ministry of Health and Welfare officially announced on February 2 the start of the second phase of the Global Pharmaceutical Industry Development Fund worth 135 billion won (US$123 million). The first such fund was launched in 2013 [...]