SEOUL– Chunlab Inc. on Wednesday announced that it will sell stocks to raise 73.2 billion won(US$63.5 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filing, the company will is…
SEOUL– Korea Shipbuilding & Offshore Engineering Co. (KSOE) on Wednesday said it has turned to a net loss in the second quarter of the year on increased cost stemming from a surge in prices of steel plates.Its net loss came…
SEOUL– Singapore’s antitrust watchdog has approved SK hynix Inc.’s deal to acquire Intel Corp.’s NAND business, the company said Wednesday.Last October, South Korea’s No. 2 chipmaker signed a deal to buy Intel’s non-volatile business for US$9 billion,…