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S. Korean Retail Investors’ Tesla Holdings Top US$10 bln

S. Korean Retail Investors’ Tesla Holdings Top US$10 bln

SEOUL, Jan. 25 (Korea Bizwire) — South Korean retail investors’ holdings of shares in electric vehicle leader Tesla Motors Inc. soared nearly 32 percent this year to cross the US$10 billion mark, data showed Monday. Local individual investors owned $10.33 billion worth of Tesla shares as of Friday, up 31.9 percent from the end of [...]

Retail Investors Swoop on Samsung Electronics amid Price Surge

Retail Investors Swoop on Samsung Electronics amid Price Surge

SEOUL, Dec. 14 (Korea Bizwire) — South Korean retail investors loaded up on shares of top-cap Samsung Electronics Co. last week amid a surge in its share price, data showed Monday. Individual investors bought a net 1.26 trillion won (US$1.15 billion) worth of Samsung from Monday to Friday, their top pick among local companies, according [...]

Shares of Solar and Wind Power-related Companies Skyrocket Thanks to ‘Carbon-neutral’ Drive

Shares of Solar and Wind Power-related Companies Skyrocket Thanks to ‘Carbon-neutral’ Drive

SEOUL, Oct. 6 (Korea Bizwire) — Shares of solar and wind power companies in South Korea have more than doubled thus far this year, the local bourse operator said. The Korea Exchange announced that on the basis of closing prices on Sept. 29, the share prices of the 11 companies recommended by more than three securities [...]

Brunswick Announces Closing of Private Placements for Aggregate Proceeds of $3.325 Million

Brunswick Announces Closing of Private Placements for Aggregate Proceeds of $3.325 Million

MONTREAL, Oct. 1 (Korea Bizwire) – Brunswick Exploration Inc., formerly Komet Resources Inc. (“Brunwick” or the “Corporation”) is pleased to announce that it has closed its previously announced non-brokered private placements for aggregate gross proceeds of $3.325 million, consisting of the issuance of (i) 12,500,000 units of the Corporation (each, a “Unit“) at a price of $0.13 [...]

Retail Investors Raise Stake in Samsung Electronics This Year

Retail Investors Raise Stake in Samsung Electronics This Year

SEOUL, Sept. 17 (Korea Bizwire) — South Korean retail investors have snapped up Samsung Electronics Co. this year, sharply raising their stake in the global tech giant, industry sources said Thursday. Local retail investors had net bought 147 million shares in the world’s top smartphone and memory chip manufacturer this year as of Wednesday, according [...]

Foreigners Turn to Net Buyers of Samsung Electronics This Month

Foreigners Turn to Net Buyers of Samsung Electronics This Month

SEOUL, July 22 (Korea Bizwire) — Foreign investors have turned to net buyers of top-cap Samsung Electronics Co. this month following months of massive selling, data showed Wednesday. Offshore investors’ net purchase of Samsung shares stood at 1.07 trillion won (US$900 million) in the first 21 days of July, making the tech giant their most-bought [...]

Foreigners Buy Samsung Electronics Shares While Dumping Others

Foreigners Buy Samsung Electronics Shares While Dumping Others

SEOUL, April 13 (Korea Bizwire) — Foreigners began raking in Samsung Electronics shares, driven by the chipmaker’s better-than-expected earnings amid the coronavirus scare, data showed Monday. Offshore investors were net buyers of Samsung Electronics for four consecutive sessions from April 7-10, having purchased a net 179 billion won (US$145 million) worth of the company’s stocks [...]

Philips Completes Cancellation of 8.54 Million Shares

Philips Completes Cancellation of 8.54 Million Shares

Amsterdam, the Netherlands, Dec. 24 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it has completed the cancellation of 8,541,356 of its shares. The cancelled shares were acquired as part of Philips’ EUR 1.5 billion share repurchase program that started in the first quarter of 2019. Further details on the repurchase program can be [...]