[DISCLOSURE] Fasoo.com (150900) has obtained a patent related to digital content controlling in Japan, it said on June 21. The company already holds a patent in Korea since 2012.

[DISCLOSURE] KT Submarine (060370) has signed a 1.6 billion won (US$1.4 million) contract with NEC to install underwater earthquake detecting system, it announced on June 21. This amounts to 2.51 percent of its recent revenue.

[DISCLOSURE] JNK Heaters (126880) has set the issue price at 4,855 won (US$4.19) for its capital increase, the firm announced on June 21.

[DISCLOSURE] Hankook Technology (053590) has signed a 535 million won (US$0.46 million) contract with ARI Networks to establish a situation room for Korea Midland Power, it announced on June 21. This amounts to 7.43 percent of its recent revenue.

[DISCLOSURE] Vitzro Cell (082920) has signed a 9.3 billion won (US$8 million) contract with Defense Acquisition Program Administration to supply lithium batteries, it announced on June 21. This amounts to 11.4 percent of its recent revenue.

[DISCLOSURE] Samsung SDS (018260) will not seek ways to boost its stock price, by repurchasing or distributing interim dividends, as the company is considering a split off, the IT service affiliate of Samsung said on June 21 in response to the request from a shareholders meeting.

[DISCLOSURE] Bota Bio (026260) has taken over 30,000 shares of Aplus, a tax-free business operator, for 6 billion won (US$5.2 million), it announced on June 21. This amounts to 45.15 percent of its equity capital. The biopharmaceutical company now owns 100 percent stake.

[DISCLOSURE] Hanjin KAL (180640) announced on June 20 that the stakes of its largest shareholder and others have decreased to 29.28 percent from 29.52 percent in March. Chairman Cho Yang-ho and his family’s stake, however, increased: Cho has over 10.5 million shares by purchasing newly issued stocks on June 17; eldest daughter Hyun-ah and son Won-tae have over 1.47 million shares; and younger daughter Hyun-min has 1.46 million shares.

[DISCLOSURE] Paratech Company (033540) has signed a 35.1 billion won (US$30.3 million) contract with Samsung C&T (028260) to supply firefighting equipment, it announced on June 20. This amounts to 26 percent of its recent revenue.

[DISCLOSURE] Doosan Engineering & Construction (011160) will guarantee a 6.1 billion won (US$52.1 million) loan of INTDC, it announced on June 20. This amounts to 4.32 percent of its equity capital. 

[DISCLOSURE] Lotte Fine Chemical (004000) announced on June 20 that Ulsan District Court has commenced the rehabilitation process of its affiliate SMP. Lotte has invested 76.2 billion won (US$65.1 million), amounting to 6.55 percent of its equity capital.

[DISCLOSURE] KaHee (030270) will acquire land worth 9 billion won (US$7.7 million) to build an R&D center for its affiliate, it announced on June 20.

[DISCLOSURE] Advanced Digital Chips (054630) will issue convertible bonds worth 3 billion won (US$2.6 million) for private offering to finance operations, the company announced on June 20.

[DISCLOSURE] Emerson Pacific (025980) will sign a trust contract to repurchase its own stocks worth 10 billion won (US$8.5 million), the company announced on June 20.a

[DISCLOSURE] Hize Aero (221840) announced on June 20 that Lazard Korea Asset Management has purchased 1 million of its shares in an after-hours block deal, owning 5.65 stake of the aero parts company.

[DISCLOSURE] Cheryong Industrial (147830) will close its shareholders’ registry from July 6-8 to determine the shareholders entitled to bonus issues, it announced on June 20.

[DISCLOSURE] Baiksan (035150) has sold 1,809,988 of its Hanp shares for 5.98 billion won (US$5.1 million) to improve its financial strength, it announced on June 20. This amounts to 5.77 percent of its equity capital. After the disposal, its stake will decrease to 0.97 percent.

[DISCLOSURE] Daou InCube (020120) announced on June 20 that it has named Park Seong-chan as its new CEO. Park worked at LG Dacom and Cyberpass before he joined the technology service provider’s affiliate Daou Tech in 2008, and in 2016 began overseeing the company.

[DISCLOSURE] FORCS (189690) has decided on a year-end cash dividend of 100 won per share, it announced on June 20. The total amount will be 652 million won (US$0.56 million) and the dividend record date is June 30. The software developer has also decided on a stock dividend of 0.05 common stock per share, it said in a separate statement. The total number of shares to be issued is 326,148.

[DISCLOSURE] Dongnam Marine Crane (101000) will guarantee a 3.9 billion won (US$ 3.3 million) loan of its vessel parts manufacturing subsidiary Q Tech, it announced on June 20. This amounts to 10.9 percent of DMC’s equity capital.