Alteogen will absorb its 62.9-percent-owned subsidiary Alteogen BioLogics to bring its pipeline and sales operations in-house, issuing 600,477 new shares with a merger date set for Dec. 29.
Alteogen will absorb its 62.9 percent-owned affiliate Alteogen Biologics in a small-scale merger aimed at consolidating development and commercialization under one roof.
Hyundai Samho Heavy Industries will enclose the coal storage yards at Korea Midland Power's Boryeong thermal power plant under a revised contract valued at 338 billion won.
HD Korea Shipbuilding & Offshore Engineering revised upward a contract with Korea Midland Power for an indoor coal storage project at the Boryeong thermal power plant.
The Kosdaq-listed video analytics firm asked a Seoul court to suspend the effective date of its delisting after a rights issue failed to lift its market value above the 20 billion won threshold.
A trio of supply deals and a state digital-twin centre show how Korea's shipbuilding and plant orders are moving down the value chain to equipment makers.
The Korean shipbuilder's subsidiary pushed the completion date for a floating production unit ordered by Australia's Woodside Energy to June 1 next year.
The Kosdaq-listed laser equipment maker will supply welding systems for prismatic battery production through September next year, equal to 14.5 percent of its recent revenue.
Mobiis will supply measurement and control systems for ITER's plasma disruption mitigation system under a contract worth 28.2 percent of its annual revenue.
The Suwon Rehabilitation Court ordered the start of rehabilitation proceedings for the Kosdaq-listed biotech firm on June 5, appointing CEO Kim Tae-hyun as administrator.
Shareholders voted down the appointment of Park Yu-kyung to the audit committee while approving other governance changes at the extraordinary meeting held Wednesday.
The chemical maker will establish a new subsidiary to manage data center infrastructure and energy operations while retaining its battery and mining businesses.
The beauty device maker said the absorption of its manufacturing arm will optimize production infrastructure and drive growth in new medical aesthetics businesses.
The fine chemicals maker filed a provisional measure with the Seoul Southern District Court one day after receiving notice of its removal from the stock exchange.
The automaker reported a sharp drop in local deliveries while cumulative exports through August declined, even as the CEO pledged an aggressive expansion into new markets and physical AI.
The internet giant reported a 7.2 percent rise in operating profit for the quarter ended March 31, driven by strong advertising revenue despite heavy spending on computing assets.
The parent company will merge with SNT Robotics on Nov. 3 to improve management efficiency, though the target firm reported negligible revenue last year.