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Kiwoom chief's resignation casts ripple effect on other major shareholders

Deteriorating public sentiment toward Kiwoom Securities is showing no signs of letting up, even after its former Chairman Kim Ik-rae resigned for his alleged involvement in a nationwide stock manipulation scandal. Kim made the abrupt announcement Thursday afternoon and decided to donate all of his gains worth 60.5 billion won following his suspicious sell-off of 1.4 million Daou Data shares. Daou Data is an affiliate of Daou Kiwoom Group. The firm s stock price fell sharply shortly after Kim sold his shares. ....

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Kiwoom chief comes under fire for suspicious stock sales

Daou Kiwoom Group Chairman Kim Ik-rae has angered investors with his suspicious sales of Daou Data shares, shortly before the stock s abrupt decline. It remains unclear whether Kim is involved in the escalating stock scandal surrounding eight companies that experienced plummeting stock prices for no apparent reason. ....

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Nexeon Raises Significant Funding to Scale-up Production of Step Change Battery Materials - Press Release

CAMBRIDGE, U.K., Jan. 26, 2022 /PRNewswire-PRWeb/ Nexeon Limited (Nexeon) – a leading company in the supply of advanced silicon anode materials for ....

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