Korean Food Giant Taps T&R Biofab to Bioprint New Plant-Based Meats - 3DPrint com | The Voice of 3D Printing / Additive Manufacturing 3dprint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 3dprint.com Daily Mail and Mail on Sunday newspapers.
The Korean offices of foreign car manufacturers are found to have sent their entire net profits and sometimes even more as dividends to their overseas head offices last year, instead of investing in facilities and hiring more personnel in the country, government data showed Tuesday. There are no legal issues with the transfer of dividends to their headquarters, although excessive dividend payouts can lead to deterioration of the financial soundness of domestic branches as they significantly reduce investment capabilities in Korea.
BoA Acquires 6,000 More Shares of SM Entertainment kpopstarz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kpopstarz.com Daily Mail and Mail on Sunday newspapers.
SM Entertainment and YG Entertainment are no longer considered blue-chip companies under the Korea Exchange’s classification system.
On May 4, according to the Financial Supervisory Service’s Electronic Disclosure System, the Korea Exchange had demoted SM Entertainment and YG Entertainment from blue-chip companies to mid-sized businesses the day before.
This is SM’s first relegation in its status since it moved from a venture business to a general business (the former name for blue-chip companies) in March 2008. This is YG’s first relegation in its status since it first became blue-chip in April 2013.
According to the Korea Exchange’s criteria for periodic classification reviews, a company must achieve a certain scale of business and meet certain financial requirements to be considered blue-chip. These details include having a net worth of over 70 billion won (about $62.5 million) and to have earned an average total of over 100 billion won (about $89.2 million