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KRX:004990

4 stories mentioning KRX:004990Updated 12d ago

Every FINWIRES story that references KRX:004990, newest first.

Asia

Lotte to Invest Additional 155 Billion Won in Lotte Biologics Unit

South Korean retailer Lotte (KRX:004990) will acquire 2,555,804 common shares in its unit Lotte Biologics through its shareholder rights offering with an investment totalling 155.03 billion won, according to a Tuesday filing with the Korea Exchange.The retailer said that the transaction is scheduled to close on Aug. 19, following which its cumulative investment in the affiliate will be 883.14 billion won, including the latest contribution.

KRX:004990
Asia

Lotte Mart Expands in Vietnam with Tay Ninh City Outlet

South Korean retailer Lotte (KRX:004990) launched its latest outlet in Vietnam at Tay Ninh City on July 9, according to a Facebook post from the company over the weekend.The new branch brings the chain's local footprint to 17 outlets, according to its website.

KRX:004990
Asia

Woojin I&S Wins KRW8.82 Billion Contract for Mechanical Equipment Work from Lotte E&C

Woojin I&S (KRX:010400) secured a contract for mechanical equipment work as part of the new construction project under the Daegu Lotte Shopping Town development plan from Lotte Corporation (KRX:004990) subsidiary Lotte Engineering & Construction.The contract, valued at 8.82 billion won, is valid till Dec. 31, 2027, according to a Thursday filing with the Korea Exchange.Shares of the South Korean mechanical equipment producer and construction firm fell nearly 1% in recent trade.

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Asia

Lotte Provides KRW451.7 Billion Loan to Subsidiary Lotte Chemical Indonesia

Lotte Chemical (KRX:011170) subsidiary Lotte Chemical Indonesia took out a loan of 451.7 billion won from its parent Lotte (KRX:004990), according to a filing with the Korea Exchange on Tuesday.The sum will be used for the repayment of facility borrowings, including Export Credit Agency (ECA) loans, and for liquidity management, the filing said.The loan period is from June 12, 2026, to Dec. 20, 2036. The loan amount is equivalent to 2.57% of Lotte Chemical Indonesia's total equity capital, it said.

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