Page 2 - Align Partners News Today

K-pop label SM Entertainment appointed a new CEO and board in a corporate shakeup that marks "an end of an era," says founder Lee Soo-man.

The agency for South Korean boy band BTS, HYBE Co Ltd, abandoned their offer to acquire SM Entertainment Co Ltd on Sunday, paving the way for social media behemoth Kakao Corp to assume company control.ContentsWhy Is Sm Attractive?Family Feud with ‘Emperor Lee’Takeover BattleHow Does the Acquisition Help Kakao? Why Is Sm Attractive? SM was the […]

More than seven out of 10 listed Korean companies are set to hold annual shareholders meetings throughout this week and market watchers are paying particular attention to JB Financial and KT&G, whose annual meetings are expected to become the settings of proxy fights initiated by activist funds. JB Financial Group is facing a showdown in a proxy battle with Align Partners, a local activist fund, at its annual shareholders meeting on Thursday. Align Partners is the financial giants second-largest...

Music News - Two of South Korea’s biggest entertainment companies have been in the limelight recently, and it is not for their artistes’ latest music. Hybe, K-pop phenomenon BTS’ management agency, is looking at taking a controlling stake in SM Entertainment that could potentially... Read more at www.tnp.sg

Koreas major financial institutions stand at a critical crossroads ahead of their regular shareholders meetings this month, facing mounting political pressure to drastically reform their governance structures. This poses a serious dilemma for leading financial holding firms, such as KB, Shinhan, Hana, Woori and NongHyup, even after they chalked up record earnings on steep rate hikes. A total of 30 out of 38 outside directors at the five financial institutions finish their terms around the end of...

South Korean K-pop pioneer SM Entertainment Co Ltd is poised to fall under the grip of social media giant Kakao Corp after HYBE Co Ltd, the agency representing boy band BTS, on Sunday dropped a bid

SEOUL — South Korean K-pop pioneer SM Entertainment Co Ltd is poised to fall under the grip of social media giant Kakao Corp after HYBE Co Ltd, the agency…

HYBE, the K-entertainment powerhouse behind global superstar BTS, said Sunday it has decided to halt its bid to take over industry giant SM Entertainment in an agreement with Kakao...

It features HYBE, the agency behind the smash-hit group BTS, and tech giant Kakao in an A-list battle that could also determine the billion-dollar industrys future.

It's the kind of Korean psychodrama that excites millions of viewers: bitter boardroom battles, expensive lawyers, hostile takeover claims and...