Key Developments: Lotte Shopping Co Ltd (023530.KS)

023530.KS on Korea Stock Exchange

292,500.00KRW
11 Jul 2014
Price Change (% chg)

₩-2,000.00 (-0.68%)
Prev Close
₩294,500.00
Open
₩293,500.00
Day's High
₩294,500.00
Day's Low
₩290,500.00
Volume
27,774
Avg. Vol
36,815
52-wk High
₩417,500.00
52-wk Low
₩287,000.00

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Latest Key Developments (Source: Significant Developments)

Lotte Shopping Company Limited to sell properties
Tuesday, 10 Jun 2014 03:20am EDT 

Lotte Shopping Company Limited:To sell land and building, to adjust its financial structure.Transaction price is 601,700 mln won.Expected transaction settlement date is not disclosed.  Full Article

Lotte Shopping Company Limited appoints co-CEO
Tuesday, 10 Jun 2014 02:31am EDT 

Lotte Shopping Company Limited:Appoints Lee Won Jun as co-chief executive officer (co-CEO) in the company, effective June 10.Shin Gyeok Ho and Lee Yin Won still serves as co-CEO in the company as well.  Full Article

Lotte Shopping Company Limited announces resignation of co-CEO
Thursday, 24 Apr 2014 04:13am EDT 

Lotte Shopping Company Limited:Shin Heon resigned from co-chief executive officer (co-CEO) in the company, effective April 24.The company's the other co-CEO, Shin Gyeok Ho and Lee Yin Won, will begin to serve as CEO.  Full Article

Lotte Shopping Company Limited declares annual cash dividend for FY 2013
Thursday, 6 Feb 2014 01:22am EST 

Lotte Shopping Company Limited:Says to pay an annual cash dividend of 1,500 won per share for fiscal year 2013 to shareholders of record on Dec. 31, 2013.Says total dividend amount of 44,328,306,000 won.  Full Article

Lotte Shopping Company Limited Amends Amounts for Selling Entire Shares in LOTTE CHILSUNG BEVERAGE CO.,LTD and LOTTE CONFECTIONERY CO.,LTD
Wednesday, 26 Jun 2013 02:40am EDT 

Lotte Shopping Company Limited announced that it has made amendments to the sales of its entire stake (81,292 shares) in LOTTE CHILSUNG BEVERAGE CO.,LTD, and entire stake (42,062 shares) in LOTTE CONFECTIONERY CO.,LTD, both initially announced on June 13, 2013. After the amendments, the sales amounts have been amended to KRW 106,898,980,000 from KRW 117,954,692,000, as well as amended to KRW 64,859,604,000 from KRW 69,528,486,000, respectively.  Full Article

Lotte Shopping Company Limited Decides on Loan
Thursday, 13 Jun 2013 03:35am EDT 

Lotte Shopping Company Limited announced that it has decided to get a loan of KRW 1 trillion to secure its operational funds.  Full Article

Lotte Shopping Company Limited to Sell Entire Stake in LOTTE CONFECTIONERY CO.,LTD and LOTTE CHILSUNG BEVERAGE CO.,LTD
Thursday, 13 Jun 2013 03:25am EDT 

Lotte Shopping Company Limited announced that it has decided to sell off its entire stake (42,062 shares) in LOTTE CONFECTIONERY CO.,LTD, which is engaged in the manufacturing of cocoa products and snack foods., for KRW 69,528,486,000. The Company also plans to sell off its entire stake (81,292 shares) in LOTTE CHILSUNG BEVERAGE CO.,LTD, which is engaged in the manufacturing of soft drinks, for KRW 117,954,692,000. The settlement dates for both transaction were not disclosed.  Full Article

Lotte Shopping Company Limited to Sell Entire Stake in Lotte Chilsung Beverage Co Ltd
Thursday, 13 Jun 2013 03:21am EDT 

Lotte Shopping Company Limited announced that it has decided to sell off its entire stake (81,292 shares) in LOTTE CHILSUNG BEVERAGE CO.,LTD, which is engaged in the manufacturing of soft drinks, for KRW 117,954,692,000. The transaction settlement date was not disclosed. The number of LOTTE CHILSUNG BEVERAGE CO.,LTD's total shares is 1,357,203.  Full Article

Lotte Shopping Company Limited Announces Resignation of Co-CEO
Friday, 22 Mar 2013 04:28am EDT 

Lotte Shopping Company Limited announced that its Co-Chief Executive Officer (Co-CEO), Shin Dong Bin, has resigned from the Company, effective March 22, 2013. The current Co-CEOs, Shin Gyeok Ho, Lee Yin Won and Shin Heon, continue their duties as Co-CEOs at the Company.  Full Article

Lotte Shopping Company Limited Declares Annual Cash Dividend for FY 2012
Thursday, 7 Feb 2013 03:27am EST 

Lotte Shopping Company Limited announced that it has declared an annual cash dividend of KRW 1,500 per share of common stock to shareholders of record on December 31, 2012, for the fiscal year 2012. The dividend rate of market price is 0.4% and the total amount of the cash dividend is KRW 43,565,061,000.  Full Article

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Lotte REIT becomes second big Asia IPO to be pulled this week

SEOUL/HONG KONG - Lotte Shopping Co Ltd said it is postponing an up to $1 billion real estate investment trust listing in Singapore due to unfavourable market conditions, the second large IPO to be pulled in Asia this week.

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