The author is an analyst of NH Investment & Securities. He can be reached at jinmyung.choi@nhqv.com. -- Ed. Hanwha Systems has announced that it will carry out a W1.2tn rights offering in order to bolster investment in new businesses over the next five years. Against this backdrop, we expect sales f
People Power Party lawmaker Koo Ja-geun remarked on Sept. 20 that state-run energy companies invested US$38.88 billion for overseas resources development and recouped only 40 percent of the investment until the end of last year. The recouped portion includes profits, dividends and asset disposal pro
The South Korean government now can exercise its voting rights in enterprises benefiting from its key industry stabilization fund. Although the government’s role was limited to acquisition of shares without voting rights at first, the limited exercise has been permitted through negotiations at the N
The Seoul Economic Daily reported on March 7 that Korea Development Bank (KDB) and General Motors (GM) reached a secret agreement earlier so that the public funds invested in GM Korea can be recouped even if the company goes under. This means KDB and GM put recoupment of investment before the normal