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晋文公大阅车徒，分左右二军，使赵衰将左军，魏犨佐之；卻溱将右军，颠颉佐之。文公引狐偃、栾枝等，左右策应。临发时，河东守臣报称：“秦伯亲统大兵勤王，已在河上，不日渡河矣。” 孤偃进言：“秦公志在勤王，之所以屯兵河上，是因为东道不通之故。如草原之戎，丽土之狄，皆车马必由之路。秦素未与通好，恐其不顺，是以怀疑不进。君上诚心行赂于二夷，告谕借道勤王，二夷必听。再派人谢过秦君，言晋师已发，秦必退兵。...
Ye-Jin Jun 5 HOURS AGO ENG Kakao Pay Corp., aiming to list on South Korea's main stock exchange this year, has valued itself at as much as 16 trillion won ($14.4 billion), or 60% higher than the market consensus of 10 trillion won, according to brokerage industry sources on Apr. 27. The Korean mobile fintech platform had mistakenly revealed its proposed price band for an initial public offering when it submitted an IPO application on Monday. The numbers, embedded in the preliminary documents, are now removed at the request of the IPO underwriters. Generally, the price range is made...
Kakao Pay CEO Alex Ryu Kakao Pay Corp., a unit of South Korea's largest mobile messaging app Kakao Corp., submitted an application for its initial public offering with the Korea Exchange on Monday, set to become the country's first mobile fintech platform to go public, according to investment banking sources. Unless there is an eligibility issue for its No.2 shareholder China's Ant Group as a major shareholder, Kakao Pay's IPO is expected to win approval in July at its earliest. The IPO will likely take place almost simultaneously with its affiliate Kakao Bank. The mobile banking app...
The Centrale South Korea's Meritz Securities Co. is at high risk of incurring losses from its $350 million lending on a luxury condominium tower in Manhattan, New York, after its developer has been several months behind on interest payments on the loan, according to investment banking sources on Apr. 5. In February 2020, Meritz provided a $350 million loan to the developer of The Centrale, collateralized on the unsold units of the 63-story residential tower in Midtown East of Manhattan. The tower consists of 124 condo residences and retail space on the lower level. At the time of the inve...
South Korea's Kurly Inc., better known by its brand name Market Kurly, has recently terminated its contract with IPO manager Samsung Securities Co., according to investment banking sources on Mar. 15 – just after its founder and Chief Executive Sophie Kim revealed plans to go public within the year. In 2018 the online grocery food delivery startup picked Samsung Securities to prepare a domestic stock market listing. But its initial public offering was delayed as the startup failed to meet IPO requirements. The contract cancellation with the Korean brokerage firm might have brought Market Ku...