◆ Amorepacific = Decided to merge with its affiliate Estra. The purpose is to enhance corporate value through increased management efficiency and synergy creation. The merger date is set for September 1.
◆ LS Cable Asia = Decided to provide a debt guarantee worth 13.6 billion KRW for its subsidiary LS-VINA Cable & System Joint Stock Company.
◆ EID = Decided to acquire 6.66 million shares of EQCell for 9.9 billion KRW to improve the financial structure of its subsidiary and support operating funds.
◆ Kiwoom Securities = Announced that it will conduct a paid-in capital increase worth 440 billion KRW through third-party allotment to raise operating funds.
◆ Aplus Asset = Korea Exchange has announced a preliminary designation of Aplus Asset as an unfaithful disclosure corporation due to failure to comply with disclosure obligations.
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