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Longtu Korea Inc (060240.KQ)

060240.KQ on KOSDAQ - Korea Secs Dealers Association Quotation

18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Longtu Korea to divest education business into new subsidiary
Tuesday, 30 May 2017 06:23am EDT 

May 30 (Reuters) - Longtu Korea Inc <060240.KQ> ::* Says it plans to divest its online education business into a new wholly owned subsidiary named inet-school.co.,ltd.* Expected divestiture date is Aug. 25.  Full Article

Longtu Korea says conversion of third series convertible bonds into shares
Friday, 21 Apr 2017 05:19am EDT 

April 21 (Reuters) - Longtu Korea Inc <060240.KQ> ::* Says 25 billion won worth of its third series convertible bonds have been converted into 2.6 million shares of the co, at 9,629 won/share.* Says listing date of new shares is May 12 .  Full Article

Longtu Korea announces merger between units
Tuesday, 28 Jun 2016 04:34am EDT 

Longtu Korea <060240.KQ> Inc.: Says it unit A will merge with unit B . Says merger ratio of 1:0 between unit 1 and unit B . Says unit B is mainly engaged in provision of broadcast platform business . Says expected merger effective date of Sept. 1 and registered date of Sept. 5 .Says unit A will survive and unit B will be dissolved after the merger.  Full Article

LONGTU KOREA completes issuance of 4th convertible bonds
Monday, 30 May 2016 03:12am EDT 

LONGTU KOREA <060240.KQ> Inc.: Says it completed the issuance of its 4th convertible bonds as of May 30 .Proceeds of 5 billion won from the offering.  Full Article

LONGTU KOREA completes private placement of common shares
Monday, 30 May 2016 03:01am EDT 

LONGTU KOREA <060240.KQ> Inc.:Completed private placement of 490,196 shares of common stock as of May 30, and raised proceeds of 5 billion won from the issuance.  Full Article

BRIEF-Longtu Korea to raise 5 bln won via private placement
Sunday, 22 May 2016 10:51pm EDT 

Adds 5 bln won in headline, removes extraneous characters.Longtu Korea Inc <060240.KQ>: Says it will issue 490,196 shares of common stock through private placement, with par value of 500 won per share, for debt-equity swap . Says sets issue price at 10,200 won per share, to raise proceeds of 5 billion won for operations .Listing date of June 21 for the new shares.  Full Article

LONGTU KOREA to issue fourth convertible bonds worth 5 bln won
Sunday, 22 May 2016 09:15pm EDT 

LONGTU KOREA Inc. <060240.KQ> : Says it to issue the fourth unregistered/unsecured private convertible bonds, raising 5 billion won in proceeds for operations . Maturity date of May 30, 2020, yield to maturity of 2.5 pct and annual coupon of 0 pct, lump-sum redemption of principal on maturity date for the bonds .A 100 pct conversion rate of bonds to common shares at 12,000 won per share, and a conversion period from May 30, 2017 to April 29, 2020.  Full Article

INET-SCHOOL announces change in shareholding structure
Tuesday, 3 May 2016 04:47am EDT 

INET-SCHOOL Inc:KING POWER INTERNATIONAL LIMITED's stake in the company was decreased to 6.17 pct (1,127,200 shares) down from 10 pct (1,827,200 shares).  Full Article

INET-SCHOOL completes issuance of third convertible bonds
Wednesday, 2 Mar 2016 03:00am EST 

INET-SCHOOL Inc:Completes the issuance of its third convertible bonds as of March 2.Raises proceeds of 25 billion won from the offering.  Full Article

Wednesday, 16 Dec 2015 04:02am EST 

INET-SCHOOL Inc:To acquire 55.48 pct (10,193,526 shares) of YONGHYUN BM CO., LTD.Transaction amount of 39,652,816,140 won.Expects transaction settlement date of Dec. 28.  Full Article