SEOUL, March 10 (Korea Bizwire) – After witnessing the future of robots and artificial intelligence (AI) when pro Go player Lee Se-dol lost the first Go match to AlphaGo, robot-related stock prices are showing signs of ascent. DST Robot, a manufacturer listed on KOSDAQ, saw its share price rise to the limit of 6,520 won during [...]
Seoul, July 28 (Korea Bizwire) - It has been reported that Elliott Management, an American hedge fund that filed lawsuits opposing the merger of Samsung C&T Corporation and Cheil Industries Inc., has returned its stockholder certificates for Samsung C&T Corporation, Samsung SDI and Samsung Fire Insurance to the Korea Securities Depository (KSD). Since the proposal to merge Samsung C&T [...]
BEDFORD, Mass., Jun. 30 (Korea Bizwire) — ConforMIS, Inc. announced today the pricing of its initial public offering of 9,000,000 shares of common stock at a public offering price of $15.00 per share, before underwriting discounts. All of the shares in the offering are being sold by ConforMIS. In addition, ConforMIS has granted the underwriters [...]
SEOUL, Mar. 6 (Korea Bizwire) — South Korean institutions’ investments in foreign securities grew at the fastest pace since 2007 last year on a rise in massive buying of foreign bonds and so-called Korean paper, central bank data showed Friday. The outstanding value of foreign securities held by institutional investors jumped by US$20.9 billion in [...]
SEOUL, Nov. 12 (Korea Bizwire) — Hyundai Motor officially announced that it is going to purchase 2,202,764 (1% in total) shares of common stocks and 652,019 (1%) shares of preferred stocks on November 11. It was nine years ago when Hyundai Motor purchased its own shares to support its stock price. In 2005 Hyundai had [...]