LS Cable & System has filed a countersuit against Keystone Partners, seeking court confirmation that it holds no liability for the failed LSEVK IPO and thus owes no put option payment, as the dispute centers on investment agreement obligations and the failed listing process.
#YonhapInfomax #LSCableSystem #KeystonePartners #PutOption #LSEVK #KOSDAQListing #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96760
LS Cable & System Files Countersuit Against Keystone Partners Over Put Option Dispute

LS Cable & System has filed a countersuit against Keystone Partners, seeking court confirmation that it holds no liability for the failed LSEVK IPO and thus owes no put option payment, as the dispute centers on investment agreement obligations and the failed listing process.

Yonhap Infomax
SK Innovation is expediting the sale of non-core assets, nearing a deal to sell logistics subsidiary GoodSflow to Keystone Partners for about 50 billion won ($38.5 million), as part of efforts to strengthen its financial position and reduce debt.
#YonhapInfomax #SKInnovation #GoodSflow #AssetSale #KeystonePartners #OperatingLoss #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75098
SK Innovation Accelerates Asset Sales—Subsidiary GoodSflow to Be Sold to Keystone Partners

SK Innovation is expediting the sale of non-core assets, nearing a deal to sell logistics subsidiary GoodSflow to Keystone Partners for about 50 billion won ($38.5 million), as part of efforts to strengthen its financial position and reduce debt.

Yonhap Infomax