[Asia Economy Reporter Lee Jung-yoon]
▲KT=Sold 128,923 treasury shares at 35,950 KRW per share in an over-the-counter transaction. As of the 31st of last month, the existing dual CEO system with Koo Hyun-mo and Park Jong-wook changed to a sole CEO system under Koo Hyun-mo.
▲Taeyoung Construction=Decided on debt guarantees for third parties amounting to 360 billion KRW for The Ocean 259 PFV, 30 billion KRW for Sewoon 5 District PFV, and 20 billion KRW for Yucheon 1 District Regional Housing Association.
▲Korea Zinc=Decided on a paid-in capital increase worth 379.1578 billion KRW for its subsidiary Arc Energy.
▲Dongbu Construction=Decided on a debt guarantee for third parties amounting to 72.2 billion KRW for the Daewoo Construction consortium.
▲Hyundai Corporation=Decided on a debt guarantee for third parties amounting to 29.4 billion KRW for its affiliate Hyundai Canada.
▲Samil CNS=Won a PC construction contract worth 19.4 billion KRW for the Daejeon Coupang logistics center from Hanwha Construction.
▲Hyosung Chemical=Decided on a debt guarantee for third parties amounting to 25.8 billion KRW for its affiliate Hyosung Film.
▲Hyosung Heavy Industries=Terminated a construction contract worth 160.4 billion KRW with DSY for the apartment project at Dangjin Songsan 2 Industrial Complex C-1-2 block.
▲POSCO Holdings=Preliminarily reported consolidated operating profit for Q1 this year at 2.3 trillion KRW, a 43.9% increase compared to the same period last year.
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