[DISCLOSURE] Taeyoung Engineering & Construction (009410) will lend 75 billion won (US$66.11 million) to its affiliate Uni City, it announced on July 22. This amounts to 5.9 percent of its equity capital.

[DISCLOSURE] Taeyoung Engineering & Construction (009410) has received a 70.29 billion won (US$61.96 million) order from AG Development to build multi-use complex in Gimpo, Gyeonggi Province, it announced on July 22. This amounts to 3.7 percent of its recent revenue.

[DISCLOSURE] Somang Cosmetics announced on July 22 that its merger with KGC LifeNGine has been canceled. Both companies are subsidiaries of tobacco and ginseng company KT&G (033780) which owns a 98.49 percent stake in Somang and a 100 percent stake in KGC.

[DISCLOSURE] Hana Financial Group (086790) announced on July 22 that its subsidiary Hana Bank will issue contingent convertible bonds worth 200 billion won (US$176.29 million) to finance operations.

[DISCLOSURE] SK Innovation (096770) announced on July 22 that its operating profit in the second quarter rose 12 percent to 1.12 trillion won (US$984.61 million) from the same period last year. The sales decreased 20.9 percent to 10.28 trillion won while the net profit increased 6.5 percent to 625.7 billion won.

[DISCLOSURE] Viromed (084990) has decided on a 182.66 billion won (US$160.65 million) capital increase to finance operations, it announced on July 21. The company will issue 1.65 million shares at 110,700 won per share.

[DISCLOSURE] Dongnam Chemical (023450) will retire its own 46,666 shares after repurchasing them at 2.86 billion won (US$2.52 billion) by Oct. 21, it announced on July 21.

[DISCLOSURE] CJ CGV (079160) has acquired 50,648,686 shares of PT Graha Layar Prima, an Indonesian theater operator, at 28.8 billion won (US$25.33 million), it announced on July 21. This amounts to 6.48 percent of its equity capital.

[DISCLOSURE] Samsung Electro-Mechanics (009150) will invest 264.3 billion won (US$232.19 million) in developing next generation circuit boards and infrastructure development, it announced on July 21. This amounts to 6.1 percent of its equity capital.

[DISCLOSURE] Korea Polymer (009810) announced on July 21 that it will issue convertible bonds worth 5 billion won (US$4.39 million) for private offering. The maturity date is July 25, 2019 and the conversion price is 1,210 won.

[THE INVESTOR] Golfwear makers are zooming in on the younger generation as they develop a growing interest in golf, industry data showed on July 21.MK Trend launched a younger-spirited LPGA gallery under a license from LPGA offering a more casual lineup not just for golf but also for leisure activities and lounging. “Golf has become more of a sport than luxury recently and the younger generation is increasingly enjoying the sport, which explains why golfwear has returned to replace outdoor cloth

[DISCLOSURE] FNC Ad Culture (063440) announced on July 20 that it will invest 6.2 billion won (US$5.42 million) to enter the television drama production business. The investment amounts to 46.56 percent of its equity capital.

[DISCLOSURE] SK Materials (036490) said in a regulatory filing on July 20 that its operating profit in the second quarter rose 73 percent to 38.83 billion won (US$33.95 million) from the same period last year. Revenue reached 116.58 billion won and its net profit was 26.74 billion won, rising 54.7 and 58.8 percent, respectively.

[DISCLOSURE] Korea Asset In Trust (123890) announced after the markets closed on July 20 that it has invested 20 billion won (US$17.49 million) in its subsidiary KAIC Capital.

[DISCLOSURE] FNC Add Culture (063440) announced on July 20 that it will invest 6.2 billion won (US$5.42 million) to enter the television drama production business. The investment accounts for 46.56 percent of its equity capital.

[DISCLOSURE] The largest shareholder of IE (023430) has changed to New Concept Capital from Maple Season Investments and two others, as they sold off their entire stake, it announced on July 19. New Concept owns 0.67 percent stake (926,240 shares) and is an individual having special relationship with the former largest shareholder.

[DISCLOSURE] Doosan Engineering & Construction (011160) has received a 60.59 billion won (US$52.99 million) order from Shinhwa Construction Developer to build apartment buildings in Busan, it announced on July 20. This amounts to 3.36 percent of its recent revenue. 

[DISCLOSURE] Core Logic (048870) will issue convertible bonds worth 35 billion won (US$30.61 million) and offer to Synergy Partners and two others, to finance acquisition of other corporation’s stocks, it announced on July 19. The maturity date is Aug. 12, 2021. The conversion price is 9,377 won and the conversion period is between Aug. 12, 2017 and July 12, 2021.

[DISCLOSURE] EQUISnZAROO (058530) will take over 51 percent stake (61,200 shares) of JK International at 6.7 billion won (US$5.86 million), it announced on July 19. This amounts to 23.18 percent of its equity capital.

[DISCLOSURE] Fine DNC (049120) announced on July 19 that it will issue convertible bonds worth 10 billion won (US$8.8 million) to finance equipment and operations. The bonds will be offered to four asset management companies. The maturity date is July 21, 2021. The bonds can be converted between July 21, 2017 and June 21, 2021 at a conversion price of 1,881 won.