SK Square Co. agreed to sell a 31.3% controlling stake in Dreamus Company to BeMyFriends for 55 billion won ($40.1 million), as part of its strategy to focus on semiconductors and AI investments.
#YonhapInfomax #SKSquare #DreamusCompany #BeMyFriends #StakeSale #SemiconductorInvestment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=88474
SK Square Signs Agreement to Sell Controlling Stake in Dreamus Company
SK Square Co. agreed to sell a 31.3% controlling stake in Dreamus Company to BeMyFriends for 55 billion won ($40.1 million), as part of its strategy to focus on semiconductors and AI investments.
SK Square has repaid 150 billion won ($110 million) to financial investors in its One Store subsidiary via a price return swap, easing high interest and IPO pressures while lowering funding costs.
#YonhapInfomax #SKSquare #OneStore #PriceReturnSwap #IPO #FinancialInvestors #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=87491
SK Square Repays One Store FI Investment—Eases High Interest and IPO Pressure
SK Square has repaid 150 billion won ($110 million) to financial investors in its One Store subsidiary via a price return swap, easing high interest and IPO pressures while lowering funding costs.
SK Square Sells Stake in Dreamus Company to BeMyFriends
SK Square Co. has chosen BeMyFriends as the final bidder to acquire its controlling stake in Dreamus Company, as part of a portfolio shift toward AI and semiconductors.
Tmap Mobility's IPO faces indefinite delay after the resignation of its IR chief, casting doubt on the company's $1.8 billion listing plans amid ongoing losses and a shift in SK Group's financial strategy.
#YonhapInfomax #TmapMobility #IPO #SKSquare #OperatingLoss #NamgoongKyung #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=79024SK Square and CJ ENM are investing a combined 75 billion won in Content Wavve via convertible bonds, aiming to strengthen control and facilitate a merger with Tving amid opposition from KT.
#YonhapInfomax #SKSquare #CJENM #ConvertibleBonds #WavveTvingMerger #MarketShare #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=76229
SK, CJ Again Opt for Convertible Bonds in Wavve Investment—Here’s Why
SK Square and CJ ENM are investing a combined 75 billion won in Content Wavve via convertible bonds, aiming to strengthen control and facilitate a merger with Tving amid opposition from KT.
SK Square faces mounting pressure to resolve the long-standing 11st stake issue, with market attention on whether it will exercise its call option to repay financial investors this year amid ongoing portfolio restructuring and major shareholder interests.
#YonhapInfomax #SKSquare #11st #CallOption #FinancialInvestor #NationalPensionService #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=72880
Will SK Square Resolve the '11st Problem' This Year
SK Square faces mounting pressure to resolve the long-standing 11st stake issue, with market attention on whether it will exercise its call option to repay financial investors this year amid ongoing portfolio restructuring and major shareholder interests.
Kakao Investment has sold a 1.88% stake in SK Square for 429.7 billion won ($312 million) via a block deal, aiming to secure funds for AI investments as SK Square shares surged on strong SK Hynix results and regulatory changes.
#YonhapInfomax #Kakao #SKSquare #AIInvestment #BlockDeal #4297BillionWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=71722
Kakao Sells 248.7 Million Won Stake in SK Square Worth 429.7 Billion Won to Fund AI Investments
Kakao Investment has sold a 1.88% stake in SK Square for 429.7 billion won ($312 million) via a block deal, aiming to secure funds for AI investments as SK Square shares surged on strong SK Hynix results and regulatory changes.
South Korean holding companies surged as expectations for Commercial Act reform and strengthened shareholder rights fueled policy-driven gains, with SK Square jumping 8.86% and the KOSPI surpassing 3,000 amid political momentum for regulatory change.
#YonhapInfomax #SKSquare #CommercialAct #HoldingCompanies #KOSPI #ShareholderRights #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=68998
Policy-Driven Gains Lift Holding Companies—SK Square Surges 8.86%
South Korean holding companies surged as expectations for Commercial Act reform and strengthened shareholder rights fueled policy-driven gains, with SK Square jumping 8.86% and the KOSPI surpassing 3,000 amid political momentum for regulatory change.
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