[DISCLOSURE] China Ocean Resources (900050) announced on Sept. 7 that its subsidiary Fújiàn Province Lianjian Far-sea Fishery has signed a 10.36 billion won (US$9.46 million) contract with Fújiàn fishery and a 10.05 billion won contract with Fúzhōushì Fishery to supply fish. It amounts to 9.03 percent and 8.78 percent of its 2015 revenue, respectively. Both contracts expire on March 5, 2017.By Yun Jeong-hyeon (clareyun@heraldcorp.com)

Sept. 7, 2016

[THE INVESTOR]  Company officials and union leaders at Renault Samsung Motors have reached a tentative agreement on the wage hike for workers, the company said on Sept. 6. The agreement came after five official rounds of negotiations and nine working group meetings since July 11, and marks the second consecutive year of strikeless wage deals, according to the South Korean unit of the French automaker.If the deal is approved, workers at Renault Samsung will add an additional 31,200 won (US$28.25)

Sept. 7, 2016

[DISCLOSURE] Ilshin Biobase (068330) announced on Sept. 6 that it has obtained a patent for lyophilizer that can be completely sealed without any locking device. By Yun Jeong-hyeon (clareyun@heraldcorp.com)　

Sept. 6, 2016

[DISCLOSURE] Ugint (195990) announced its stock spilt on Sept. 6, lowering the face value of its stock from 500 won (US$0.45) to 100 won. The company seeks to revitalize trading after the spilt with its shares increased from 23.85 million to 119 million. Its initial public offering is scheduled on Nov. 7.By Yun Jeong-hyeon (clareyun@heraldcorp.com)

Sept. 6, 2016

[THE INVESTOR] The Financial Services Commission said on Sept.6 it has decided to hold a regular meeting with “all foreign financial companies” in a bid to help resolve their troubles in doing business here.South Korea’s top financial regulator has held a quarterly meeting with the representatives of foreign firms since March 2014 to collect their views. It involved only those from companies based in countries related to the South Korea-U.S. or South Korea-Europe free trade agreements as well as

Sept. 6, 2016

[DISCLOSURE] Asia Pacific Satellite Communications (211270), a producer of communications equipment, reported on Sept. 6 that it has obtained a patent for satellite communications system and technology for assisting mobile devices using local area networks. This technology uses satellites when there is an error in the ground network or communications error on mobile devices.By Yun Jeong-hyeon (clareyun@heraldcorp.com)

Sept. 6, 2016

[DISCLOSURE] Interbulls (158310) announced on Sept. 6 that it will exercise conversion rights for 8.36 percent of its convertible bonds. About 5.5 million shares worth 2.4 billion won (US$2.17 million) will be converted to stocks, and will be listed on Sept. 21 at 5,651 won per share.By Yun Jeong-hyeon (clareyun@heraldcorp.com)

Sept. 6, 2016

[DISCLOSURE] E Investment & Development (093230), a producer of electronics components, announced on Sept. 5 that it has acquired 766,283 shares of New Pride Corporation worth 5.76 billion won (US$5.21 million) to improve its financial structure and secure more liquid assets. This amounts to 14.87 percent of its equity capital. E I&D now owns 2.18 percent stake. By Yun Jeong-hyeon (clareyun@heraldcorp.com)

Sept. 5, 2016

[THE INVESTOR] The government announced a set of measures on Sept.5 to tackle the nation’s chronic low birthrate and to identify the “blind spots” in the state welfare system next year. The Ministry of Welfare and Health and three other ministries announced the allocated budget in 2017 aimed at stabilizing public livelihoods.Under the measures, the government is first set to increase state housing support for newly married couples as part of efforts to increase the number of newborns.The governm

Sept. 5, 2016

[THE INVESTOR] South Korea said on Sept.5 that it has provided 74 percent of earmarked support funds to local firms that operated factories at the now-shuttered joint industrial park in North Korea.The government has offered 376.7 billion won (US$340.1 million) out of about 500 billion won in state funds to South Korean companies that have factories inside the Kaesong Industrial Complex, according to Seoul’s Unification Ministry.Seoul shut down the factory zone in the North’s border city of Kaes

Sept. 5, 2016

[DISCLOSURE] The Korea Advanced Institute of Science & Technology and Shinhan Bank (055550) have signed an agreement for industry-university cooperative research to develop the financial industry’s first big data, the bank reported on Sept. 5. The research team will first monitor all types of variables, collect data of its retail consumers via questionnaires and establish the development analytic model by the year-end. By Yun Jeong-hyeon (clareyun@heraldcorp.com)

Sept. 5, 2016

[DISCLOSURE] AmorePacific (090430) announced on Sept. 5 that it has invested 110 billion won (US$99.14 million) to set up AmorePacific Malaysia Manufacturing (tentative name) and acquire all of its shares. By Yun Jeong-hyeon (clareyun@heraldcorp.com)

Sept. 5, 2016

[DISCLOSURE] Vessel (177350), a producer of semiconductor devices, stated on Sept. 5 that it has decided to issue 5.59 million bonus shares, entitling every shareholder one common share for each share they hold. The new stocks will be distributed on Sept. 23 and will be listed on Oct. 17. By Yun Jeong-hyeon (clareyun@heraldcorp.com)

Sept. 5, 2016

[THE INVESTOR] The budget allocated to the health and welfare sectors in 2017 is set to increase 3.3 percent on-year, the Health Ministry said on Sept. 2.The ministry said its budget for next year, subject to parliamentary endorsement, is set to increase to 55.8 trillion won (US$49.60 billion), up 436 billion won from 2016.A large portion of the planned allocations is related to the county‘s state pension program and health insurance payments. The payments by the National Pension Service increas

Sept. 2, 2016

[DISCLOSURE] Hanbit Soft (047080) reported on Sept. 2 that it has agreed to a 3.12 billion won (US$ 2.79 million) contract extension with a Chinese firm for its online game “Audition”.This amounts to 14.1 percent of its last year’s revenue and expires September 2019. By Yun Jeong-hyeon (clareyun@heraldcorp.com)

Sept. 2, 2016