Friday, March 10, 2017

Dongwon Group, Doosan affiliates 'Doosan biological resources' argument



[Korea gimeunji financial newspaper reporter] Dongwon Group has signed a purchase agreement to acquire 100% ownership of 10 days Doosan Group, a subsidiary of Doosan biological resources, 353 billion won. Dongwon F & B is a principal argument the acquisition price is 35.3 billion won.

Doosan resources in December 2007 ㈜ Doosan biological resources business sector as a spin-off have established subsidiaries, dairy, from cattle feeding to breeding management swine, poultry, such as livestock farming former company coming operate its business throughout the course All. Last year sales of 84.6 billion won, operating profit of 33 billion won.

Doosan has been living resources or to the mergers and acquisitions market restructuring reorganization of the Doosan Group has mobilized a group exploring the Agreement was selected as the sole preferred bidder.

Dongwon Group is planning to do to create a specialized subsidiary of the existing feed 'mobilization Palms' and synergies through the acquisition of Doosan biological resources. The two companies are in R & D, purchasing power, technological know-how, etc. expected to be added if the feed business is a promising industry competitiveness doubling sales force.

Last year, revenue mobilization of Palms is a 86.8 billion won.

The two companies plan to complete the sale within one month of work, Doosan Group will take advantage of this time securing funds to finance new business investment.

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P2P Financial trending science, business and credit information SM Convention



[Korea before lower cervical financial newspaper reporter] P2P banking is trending science bears an MOU with SM credit information.

Trending Sciences has signed a comprehensive business alliance with past credit debt management company SM Entertainment announced nine days to 10 days.

The two companies have agreed to cooperate in various fields, such as debt management and asset management, human resources and educational exchanges, promotion of joint projects. Science is expected to be trending asset management services to SM overdue credit debt principal and interest under a management services company upon receipt of the Yugoslav investor rights can be operated reliably.

Gimgapyoung representative of P2P in recent competitive business agreement with SM credit that holds its own debt collection know-how in the fierce P2P banking platform market environment can investors believe that investment by minimizing the rate of return decreases in ensuring the reliability of asset management and investment today announced that it laid the foundation for growth in the corporate finance platform.

Gimgapyoung representative said, "was laying the foundation for growth in the financial P2P platform company that can work with a credit agreement with SM minimize yield degradation of ensuring the reliability of asset management and investor investors believe that investment."



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Better treatment, such as Lotte Cinema, part-time Saint scholarships



[Korea gimeunji financial newspaper reporter] Lotte Cinema is stable for part-time employees 'deurimi (Dream-I)' and to provide a pleasant working environment for the introduction of industry-leading support system.

10 days Lotte Cinema announced in April, considering that the majority of college students that are coming deurimi scholarships to selected quarterly thematic excellent deurimi. It is expected to be paid to the selection of the target year 30 people applied simultaneously also considering plans to expand as needed.

Regular seminar aimed at deurimi also plans to make deurimi they want later joined Lotte Cinema operated during the second half of the assistance of jobs understood.

To advance professional training for the multiplex part-time employees of the film industry, Lotte higher interest to applicants film investment, marketing, aimed at reflecting the Theater services for the overall service cinema and entertainment businesses May 1 at least once a regular basis do.

In addition, Lotte Cinema, which had introduced the first minutes of the payroll system for deurimi February. This is to avoid unnecessary misunderstanding caused by unifying the working time management through a full computerized management.

There sequential payment for the difference that may arise from the existing working time management system is in progress. In addition to conducting a census and to ensure the operational details were not standardized which may occur in theaters across the country, it plans to actively improve the mijinhan part to reflect the voice of the scene.

Lotte Cinema said, "recent work that the introduction of a number of institutions that can provide the labor organizations of the proposal, this information is already reflected in the management by the majority, a higher level of treatment deurimi can grow with pride was in I'll have to be, "he said.

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[Closing market] Kospi, closed the chin line after the impeachment sentenced uncertainties in 2100



[Korea hyerin nine financial newspaper reporter] The Constitutional Court has sentenced a former President Park Geun-hye wavefront 10 days of the presidency's Kospi rose deadline.

The domestic market is ruling before the disclosure showed weak due to uncertainty, quoting sentence after the impeachment was raised to the chin line 2100.

The KOSPI ended the day can land against the previous trading 6.29 points (0.30%) Right 2097.35.

Marketing by foreign entities in the securities market, 160.1 billion won, individuals were net buyers of 56.8 billion won, 277.9 billion won and institutions were net short positions.

By industry, the majority of industries, including securities rose (1.20%), banks (1.17%), paper, wood (1.05%), medicines (0.98%), services (0.81 percent). Steel & Metals (-0.59%), non-metallic (-0.50%), chemicals (-0.21 percent) fell.

Samsung Electronics (-0.05%) and POSCO (POSCO) (- 1.05%) Market capitalization stocks open higher, except most were rising.

SK Hynix (2.50%) and Hyundai (0.69%) and Hyundai Mobis (0.21%), Samsung jeonjawoo (0.65%), Korea Electric Power Corporation (0.24%), Samsung C & T (0.84%), Naver (NAVER) (1.39%), Shinhan Financial Group climbed etc. (1.50%).

The KOSDAQ index also showed strong.

KOSDAQ index ended the day with 612.26 Chapter rose 6.13 points (1.01 percent) compared to the previous trading day. Foreign institutions in the KOSDAQ market was 174 billion won net buying of 17.6 billion won, 35.7 billion won individual has a net short positions.

Won / dollar exchange rate in the Seoul foreign exchange market closed at 1157.4 won, down 0.7 won compared to the previous trading day.



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[Bonds finish] after ruling cited the strong bond chojanggi gangbohap finish ...



[Korea hyerin nine financial newspaper reporter] government bond yields closed with gangbohap.

As the Constitutional Court has sentenced the president of the Presidency wavefront Park Geun-hye it was influenced to resolve the domestic political uncertainties. In particular, it turned to strength since the judgment pronounced publicly chojanggi bonds.

According to the Korea Financial Investment Association 10 days is a 3-year government bond fell 0.9bp 1.780% compared to the previous trading day, the 10-year government bonds finished trading at 2.318 percent as trading ago. Showed the 50-year 2.386%, down 7.0bp.

Three years government bond futures (KTBF) was trading at 109.25, up six ticks compared to the previous trading day. But the securities purchased 11 195 contracts, foreigners sold a 5585 agreement. 90 000 6828 dwaetgo contract deal, open interest was up 390 contracts.

'10 KTB futures (LKTBF) was trading at 123.80 compared to the previous trading day rose 14 ticks. The securities were net buyers Agreement 1231, this commitment was 1284 contracts net short. Out of 52 680 contracts traded contract open interest decreased by 89.

MSBs showed a 91-day 0.4bp fell 1.360 percent compared to the previous trading day. While one-year monetary stabilization was finished trading at 1.510% compared to the previous trading day down 0.6bp, 2-yr MSBs was trading at 1.675%, down 1.1bp.

Debentures (unsecured three years) AA- yields fell 0.7bp 2.258%, corporate bonds (non-guaranteed 3 years) compared to the previous trading day closed at 8.468 percent, down BBB- 0.6bp.

CD 91-day notice was to 1.490%, CP 91 days 1.630% of water remained flat as previous trading.



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