AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Korea Tobacco plans buyback.
Byline: Gina Chon in Seoul
To attract foreign buyers to an upcoming sale of its shares, Korea Tobacco & Ginseng Corp. said Wednesday, June 26, that it would buy back some of the company's stock to boost its market value.
The South Korean government plans to sell the rest of its 14% stake in the country's only cigarette maker to foreign buyers in July through an issue of global depositary receipts. The stake is valued at $350 million.
On Wednesday, Korea Tobacco said in a statement it would pay W150 billion ($126 million) for a 5% stake held by state-owned Korea Deposit Insurance Corp. and cancel the stake.
The company wants to remove market …
- Korea Tobacco sets terms.
- Newspaper article from: The Daily Deal June 15, 2002 700+ words
...Securities, Dongwon Securities Samsung Securities...stake in Korea Tobacco through government...receipts. Korea Tobacco will hold overseas...Securities and Dongwon Securities will arrange...stake sale for Korea Tobacco, the country...
- Korea Tobacco oversubscribed.
- Newspaper article from: The Daily Deal June 21, 2002 700+ words
...Securities Co., Dongwon Securities Co., Samsung...29, 2005, Korea Tobacco said in a statement...stake in Korea Tobacco through government...Securities and Dongwon Securities. Industrial...owns 19% of Korea Tobacco, while Korea...
- Korea Tobacco details privatization.
- Newspaper article from: The Daily Deal June 11, 2002 700+ words
...employees. Under Korea Tobacco's bylaws...Securities, Dongwon Securities Samsung Securities...33.3% of Korea Tobacco through state...Securities and Dongwon Securities will arrange...and bonds. Korea Tobacco, the country...
- Korea Tobacco nears flotation.
- Newspaper article from: The Daily Deal September 19, 2002 700+ words
...ministry official said. Korea Tobacco and Ginseng reportedly...to 0.5 shares of Korea Tobacco and Ginseng. The...Securities Co. and Dongwon Securities are managing the...19.3% stake in Korea Tobacco and Ginseng to domestic...
- Seoul details Korea Tobacco sale.
- Newspaper article from: The Daily Deal May 24, 2002 700+ words
...Securities Co., Dongwon Securities Co., Samsung Securities...shareholders of Korea Tobacco in March decided...Hyundai Securities and Dongwon Securities have been hired to...The government owns Korea Tobacco through state-run...
- INDUSTRIAL BANK OF KOREA LAUNCHES EXCHANGEABLE BOND ISSUE.
- News wire article from: AsiaPulse News December 15, 2000 700+ words
...million exchangeable bond issue abroad, pledging 19 million shares of Korea Tobacco & Ginseng as collateral. Credit Suisse First Boston, Hyundai Securities and Dongwon Securities co-lead managed the issue, and the bonds will be sold to investors...
- BRIEFING - ASIA BANKING - DEC 15, 2000.
- News wire article from: AsiaPulse News December 15, 2000 700+ words
...million exchangeable bond issue abroad, pledging 19 million shares of Korea Tobacco & Ginseng as collateral. Credit Suisse First Boston, Hyundai Securities and Dongwon Securities co-lead managed the issue, and the bonds will be sold to investors...
- KOREA GOVT SELECTS CO-LEAD MANAGERS FOR SALE OF KTGC STOCKS.
- News wire article from: AsiaPulse News March 15, 2002 700+ words
...managers for the sale of equities of the state-run Korea Tobacco & Ginseng Corp. (KTGC) abroad. The ministry...Warburg, Goldman Sachs, Hyundai Securities Co. and Dongwon Securities Co. to arrange the disposal of US$340 million...
- Business Briefs (281).
- Newspaper article from: South China Morning Post July 6, 1999 700+ words
...needed," chief executive Han Eng Juan said. Korea Tobacco plans offering Korea Tobacco & Ginseng, the world's sixth-largest...Warburg Dillon Read, Hyundai Securities and Dongwon Securities to manage a US$1 billion foreign share...
- STOCKS - KOREAN SHARES CLOSE HIGHER - MARCH 15, 2002.
- News wire article from: AsiaPulse News March 15, 2002 700+ words
...which handled the sale of about one trillion won worth of Korea Tobacco & Ginseng Corp. shares on the government's equity sell...03450) rose 600 won, or 4.5 per cent, to 13,900. Dongwon Securities surged 800 won, or 5.8 per cent, to 14,500. LG Securities...
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA
The AccessMyLibrary advertising network includes:
