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Top News In முன்னோக்குகள் இருந்து மாறுபட்டது துறைகள் Today - Breaking & Trending Today

Krafton plans 5-for-1 share split ahead of over $880 million IPO


Krafton, developer of PlayerUnknown’s Battlegrounds (PUBG), aims to go public this year.
South Korean games developer Krafton Inc., 13.2% owned by Tencent Holdings’ investment arm, plans a five-for-one share split ahead of its planned initial public offering, through which it aims to raise over 1 trillion won ($886 million).
According to the investment banking industry on Mar. 17, the company will seek approval of the stock split plan at its annual shareholders meeting on Mar. 31.
Under the plan, the face value of its shares will be cut to 100 won apiece from 500 won, with the number of its total outstanding shares rising to 300 million from the current 100 million. ....

Privacy Policy , The Korea Economic Daily Global Edition , Korean Investors , The Korea Economic Daily , Deals Markets , Culture Trends , Hidden Champions , Future Unicorns , ப்ரைவஸீ பாலிஸீ , தி கொரியா பொருளாதார தினசரி உலகளாவிய பதிப்பு , கொரியன் முதலீட்டாளர்கள் , தி கொரியா பொருளாதார தினசரி , ஒப்பந்தங்கள் சந்தைகள் , கலாச்சாரம் போக்குகள் , மறைக்கப்பட்டுள்ளது சாம்பியன்கள் , எதிர்கால யூனிகார்ன்ஸ் ,

KIC, Korean pension funds in hunt for new CIOs


Mar 17, 2021 (Gmt+09:00)
ENG
KIC Chief Executive Choi Heenam
South Korea s Police Mutual Aid Association (PMAA) has been looking for a new chief investment officer for a half year, while the sovereign wealth fund Korea Investment Corporation (KIC) and the Military Mutual Aid Association (MMAA) have just kicked off their CIO selection process. 
Another retirement fund Korea Scientists & Engineers Mutual-aid Association will likely join them soon to find the successor of CIO Huh Sung-moo whose two-year term is expiring next month.
In the second half, the National Pension Service (NPS), which manages $740 billion in assets, is expected to launch the process to replace its CIO Ahn Hyo-joon. Ahn s two-year term was extended to early October of this year. ....

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Hyosung inks first large-scale ESS deal in Europe


Hyosung s ESS facilities (Courtesy of Hyosung Heavy Industries)
Hyosung Heavy Industries, the construction and infrastructure arm of South Korea’s textile and chemicals conglomerate Hyosung, on Mar. 17 said that it closed a 50 MW (megawatt) energy storage system (ESS) deal with UK’s energy investment management firm Downing LLP.
The ESS facilities are to be constructed in Southampton, UK, and will be directly connected to the power grid of the British utilities company National Grid.  
Under the deal, Hyosung Heavy will provide the construction design as well as the supply of the power conversion system (PCS); batteries; and the energy management system (EMS) as part of the ESS project. ....

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Hyundai Motor invests in Clearpath Robotics in push for future mobility


Clearpath’s unmanned ground vehicle (UGV), Jackal
Hyundai Motor Co. has invested $5 million in Clearpath Robotics Inc., a Canada-based robotics startup, in a stepped-up push to transform into a comprehensive provider of future mobility.
According to its 2020 business report filed with the Financial Supervisory Service on Tuesday, the top South Korean automaker made the investment in December of 2020.
Headquartered in Waterloo Region, Canada, Clearpath was founded in 2009 to streamline field robotics research for universities and private companies, but the company has since expanded to manufacturing self-driving vehicles for industrial use and developing robotics software.
Clearpath’s products include its unmanned ground vehicle (UGV) Jackal and OTTO 1500, a heavy-duty autonomous mobile robot that can move pallets, racks and other large payloads through dynamic and human-dense environments. ....

Privacy Policy , The Korea Economic Daily Global Edition , Korean Investors , The Korea Economic Daily , Deals Markets , Culture Trends , Hidden Champions , Future Unicorns , ப்ரைவஸீ பாலிஸீ , தி கொரியா பொருளாதார தினசரி உலகளாவிய பதிப்பு , கொரியன் முதலீட்டாளர்கள் , தி கொரியா பொருளாதார தினசரி , ஒப்பந்தங்கள் சந்தைகள் , கலாச்சாரம் போக்குகள் , மறைக்கப்பட்டுள்ளது சாம்பியன்கள் , எதிர்கால யூனிகார்ன்ஸ் ,

Allganize eyes $26.5 bn enterprise search market


Ga-yung Chu
Mar 17, 2021 (Gmt+09:00)
ENG
Allganize CEO Lee Chang-su during a Zoom interview with The Korean Economic Daily on Mar. 10, the day after the firm raised $10 million.
“Companies that haven t adopted artificial intelligence may eventually cease to exist,” said Lee Chang-su, founder and chief executive of the Silicon Valley-based startup Allganize, explaining why he became a serial entrepreneur in an interview with The Korea Economic Daily on Mar. 10.
Founded in 2017, Allganize is a startup that offers cognitive search solutions. Lee established the AI startup after a three-year stint as a senior vice president at the US-based mobile monetization platform Tapjoy, which had acquired his data analytics firm 5Rocks in 2014. ....

Privacy Policy , The Korea Economic Daily Global Edition , Korean Investors , The Korea Economic Daily , Deals Markets , Culture Trends , Hidden Champions , Future Unicorns , ப்ரைவஸீ பாலிஸீ , தி கொரியா பொருளாதார தினசரி உலகளாவிய பதிப்பு , கொரியன் முதலீட்டாளர்கள் , தி கொரியா பொருளாதார தினசரி , ஒப்பந்தங்கள் சந்தைகள் , கலாச்சாரம் போக்குகள் , மறைக்கப்பட்டுள்ளது சாம்பியன்கள் , எதிர்கால யூனிகார்ன்ஸ் ,