Hanwha Solutions’ rights offering passes FSS review, 16briefing sessions begin on
Hanwha Solutions’ securities registration statement for its rights offering passed the Financial Supervisory Service’s review after three rounds of corrections. The Financial Supervisory Service checked risks in the insurance sector arising from the sharp rise in the exchange rate and held a briefing session to support financial companies’ overseas expansion. The Korea Listed Companies Association will 16hold briefing sessions for member companies from.
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10Multiple briefings and inspection schedules were announced in succession by financial authorities and related industries on. The Korea Listed Companies Association will 16hold briefing sessions for member companies from. It announced that the sessions would gather field difficulties related to amendments to the Commercial Act. It said the sessions would provide an opportunity to hear the views of the companies concerned.
The Financial Supervisory Service held a briefing session to support financial companies’ overseas expansion. The session was introduced as an opportunity to explain procedures and support measures involved in overseas expansion. On the same day, the Financial Supervisory Service announced that it would conduct an inspection of risks in the insurance sector arising from the sharp rise in the exchange rate.
Hanwha Solutions’ securities registration statement for its rights offering passed the Financial Supervisory Service’s review after three rounds of corrections. The company announced that the review had been completed after the corrected filing was submitted. It said the decision enabled it to move on to the next stage of the rights offering process.
The Financial Supervisory Service recommended refraining from speculative foreign-exchange investments. It said it would inspect insurers’ foreign-currency assets and foreign-exchange risk management. It explained that it would check the status of internal controls and risk management in response to exchange-rate volatility.
The Bank of Korea and the Financial Supervisory Service have begun a joint inspection of major foreign-exchange banks. 14It was described as having resumed after years. The two institutions said they would inspect banks’ internal controls related to foreign-exchange market stability, among other areas.
Toy company Sonokong held a meeting on its IP commercialization strategy with K-art-toy artists. The company said it would expand its IP business through collaboration with the artists. It said the meeting included sharing development schedules and commercialization plans.