South Korea
Economy
The weak IPO market in South Korea may receive a much needed boost this month, as two companies receive approval for planned IPOs. POSCO Engineering & Construction (POSCO E&C),...
2008-07-15Finance
SK C&C, the technology outsourcing arm of SK Group is going to undertake the first IPO with an international tranche this year, hoping to raise up to W1.19trn (US$1.15bn). Up...
2008-06-19Finance
UK bank HSBC hinted on May 26 that it is prepared to walk away from its US$6.2bn planned takeover of US private equity fund Lone Star's 51% stake in Korea Exchange Bank if the deal...
2008-05-27Finance
The State Bank of Vietnam has given the go-ahead to four foreign investors taking a 25% stake in Eximbank in what is the latest, but surely not the last, instance of foreign...
2008-05-22Finance
Newly-elected President Lee Myung-bak appears to have been accorded a honeymoon by foreign investors with pledged FDI rising by 70% y-o-y to US$2.72bn in Q108. Lee's ambitious growth...
2008-04-04Finance
South Korea's second largest cable TV operator C&M has been acquired by an investment fund managed by Australia's Macquarie Group and private equity house MBK Partners....
2008-04-04Finance
Korea Development Bank (KDB) and the Korea Asset Management Corp have agreed to sell their combined 50.4% stake in Daewoo Shipbuilding & Marine Engineering (DSME) by auction....
2008-03-28Finance
Temasek is selling its 42% stake in Bank Internasional Indonesia (BII) to comply with a new Indonesian central bank policy that does not allow foreign investors to have a controlling...
2008-03-12



