Prosecutors indicted the chief investment officer of South Korean platform giant Kakao Corp. on Monday over alleged stock manipulation in a high-profile battle to take over K-pop powerhouse SM Entertainment Co. Bae Jae-hyun will stand trial on charges of inflating the price of SM Entertainment shares in violation of the Capital Market Act, with the intent to undermine a tender offer from rival bidder Hybe during the .
Kakao's investment chief indicted over stock manipulation in K-pop agency takeover – The Korea Times koreatimesus.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimesus.com Daily Mail and Mail on Sunday newspapers.
Kakao Sets Up Autonomous Entity Dedicated to Enhancing Ethical Governance koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.
Kakao Mobility Corp., the operator of the nation's leading taxi-hailing service, said Wednesday it plans to overhaul its commission system amid growing criticism over the company's purported monopolistic market practices. Kakao Mobility said in a press release that it plans to meet with the taxi industry in the near future to collect opinions regarding its taxi hailing commission system for the company'.
K-Pop Stocks Sink Amid Drug Probe Into G-Dragon, 'Parasite' Star bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.