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KRX:002020

10 stories mentioning KRX:002020Updated 15d ago

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Asia

Kolon Global Reports Worker's Death at Construction Site

Kolon (KRX:002020) subsidiary Kolon Global (KRX:003070) reported a worker's death following a fatal accident at its Cheongju Dongnam public housing construction site, according to a Wednesday filing with the Korean Exchange.The South Korea-based company said that the accident happened when a worker fell and died while dismantling a safety railing to install a vertical safety net in the workers' rest area.The accident was reported on Aug. 29, and the police and the Ministry of Employment were carrying out on-site investigations and establishing prevention measures, and a partial work suspension at the site is in place.

KRX:002020
Asia

Kolon Global Faces Partial Work Suspension After Construction Fatality

Kolon (KRX:002020) subsidiary Kolon Global (KRX:003070) has been issued a partial work suspension order following a fatal accident at its Cheongju Dongnam public housing construction site, according to a bourse filing on Monday.The work stoppage follows an industrial accident on Aug. 11, where a worker suffered a fatal fall during the dismantling of safety railings to install vertical safety nets.South Korean police and the Ministry of Employment and Labor plan to carry out on-site investigations and establish prevention measures.

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Asia

South Korean Shares Close Sharply Higher on Strong Shareholder Return Hopes from Chipmakers

South Korean shares closed sharply higher on Thursday after two consecutive days of losses, with the primary index climbing 6% after investors pinned high hopes on strong shareholder returns from Samsung Electronics (KRX:005930) and SK hynix (KRX:000660).Investor hopes came after SK Hynix on Wednesday approved a 40 trillion won share repurchase and cancellation plan. The buyback is set to begin Aug. 20 and run for about three months. Samsung Electronics' shareholder return policy is expected to be announced later in August. Shares of SK Hynix and Samsung Electronics added nearly 13% and over 9%, respectively, at market close.The Korea Composite Stock Price Index, or Kospi, increased by 381.41 points, or 5.9%, to close at 6,852.58. The Kosdaq also rose by 16.43 points, or 2%, to close at 840.89.In corporate news, Kolon Corporation's (KRX:002020) subsidiary Kolon Global (KRX:003070) secured an order worth 104.8 billion won for the Pyeongtaek P5 water purification plant (Phase 3) from Samsung Electronics, according to a Thursday filing with the Korea Exchange.The project is being disclosed after an amended contract raised its value above the applicable disclosure threshold. The initial contract was signed on June 9, 2025.Shares of Kolon Corporation fell over 3% at market close, while those of Kolon Global added 2%.In other news, Kakao Corp. (KRX:035720) subsidiary and taxi-hailing and mobility platform Kakao Mobility has confidentially filed for an initial public offering in the U.S. in June and seeks to raise about $1 billion, Yonhap News reported Thursday, citing a financial market tracker.Bank of America, Morgan Stanley, and UBS are listed as underwriters for the IPO, the report said.Kakao Mobility did not immediately respond to' request for comment.Shares of Kakao Corp. added over 3% at market close.

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Asia

Kolon Global Bags KRW105 Billion Construction Project from Samsung Electronics; Shares Decline 3%

Kolon Corporation's (KRX:002020) subsidiary Kolon Global (KRX:003070) secured an order worth 104.8 billion won for the Pyeongtaek P5 water purification plant (Phase 3) from Samsung Electronics (KRX:005930), according to a Thursday filing with the Korea Exchange.The project is being disclosed after an amended contract raised its value above the applicable disclosure threshold. The initial contract was signed on June 9, 2025.Shares of Kolon Corporation fell nearly 3% in recent trade, while those of Kolon Global added 1%. Shares of Samsung Electronics jumped 9% in Thursday morning trade.

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Asia

Kolon Secures Reconstruction Project Worth KRW218 Billion in Ansan

Kolon (KRX:002020) secured the Ansan Hyundai apartment complex 1 reconstruction project, worth 218.3 billion won, from the project association, according to a Thursday filing with the Korea Exchange.The project involves the construction of 673 apartment units and ancillary welfare facilities in the area of 592-2 Seongpo-dong, Sangnok-gu, Ansan-si, Gyeonggi-do, over a 40-month period.Shares of Kolon rose nearly 2% at market close.

KRX:002020
Asia

Kolon Global Bags KRW218 Billion Construction Project

Kolon Corp.'s (KRX:002020) subsidiary, Kolon Global (KRX:003070), secured an order worth 218.3 billion won for the Ansan Hyundai 1st Apartment reconstruction project in Gyeonggi Province.The project involves the construction of 673 residential units and ancillary facilities.Construction is expected to last 40 months, though the timeline and contract value remain subject to change based on project progress, according to a bourse filing on Tuesday.

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Asia

Kolon Unit Wins KRW126.5 Billion Yongin Semiconductor Industrial Complex Water Supply Project

Kolon (KRX:002020) subsidiary Kolon Global (KRX:003070) secured the phase one, section two construction of the integrated water supply project for the Yongin semiconductor industrial complex, according to a Monday filing with the Korea Exchange.The project is valued at 126.45 billion won.Shares of Kolon plunged nearly 7%, while those of Kolon Global declined over 1% in recent trade.

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Asia

South Korean Shares Close Higher for Fifth Day on Chip Stock Gains

South Korean shares extended their winning streak for a fifth consecutive session on Wednesday, owing to a rally by key chipmakers in the country, such as Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660), which added over 1% and nearly 6% at day's end.The benchmark Korea Composite Stock Price Index, or Kospi, increased by 1.6%, or 137.64 points, to close at 8,864.24. The Kosdaq also rose by 1.3%, or 13.28 points, to end at 1,031.96.In corporate news, Taihan Cable & Solution (KRX:001440) secured a supply order for HVDC XLPE power cables and related accessories from Korea Electric Power Corporation (KRX:015760), according to a filing with the Korea Exchange on Wednesday.The contract, valued at 133.02 billion won, excluding VAT, is valid until March 27, 2028.Shares of both Taihan Cable & Solution added over 1% at market close, while those of Korea Electric Power added nearly 2%.In other news, Kolon (KRX:002020) subsidiary Kolon Global (KRX:003070) secured a street housing redevelopment project in Majang-dong district 3 in Seoul, according to a Wednesday filing with the Korea Exchange.The project is valued at 103.4 billion won.Shares of Kolon added nearly 1% at market close.

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Asia

Kolon Unit Secures KRW164 Billion Redevelopment Project; Shares Decline 3%

Kolon Corp. (KRX:002020) said a subsidiary secured the Gunpo District 3 redevelopment project located in South Korea's Gyeonggi Province, according to a Friday filing with the Korea Exchange.The project is valued at 164.4 billion won.Shares of the Korean conglomerate fell 3% in recent trade.

KRX:002020
Asia

Kolon Wins KRW131.6 Billion Housing Redevelopment Project Near Seoul's Myeonmok Station; Shares Jump 16%

Kolon (KRX:002020) secured a small-scale street housing redevelopment project near Myeonmok station in Seoul, according to a Tuesday filing with the Korea Exchange.The project is valued at 131.6 billion won.Shares of the Korean conglomerate jumped nearly 16% in recent trade.

KRX:002020

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