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KOSDAQ - Delayed Quote KRW

SM Entertainment Co., Ltd. (041510.KQ)

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100,200.00

+700.00

+(0.70%)

At close: 3:30:12 PM GMT+9

Kakao Founder’s Trial Melds Kpop, Billionaires and Markets

(Bloomberg) -- Kakao Corp.’s founder goes on trial Wednesday to face allegations of rigging prices during the takeover battle for K-pop powerhouse SM Entertainment Co., a watershed moment for South Korea’s internet and media industries.Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAn Affordable Nomadic Home Design Struggles to Adapt to Urban LifeUS Driving and Congestion Rates Are Higher Than EverA City Finds Success Using 'Trees as Medicine'The Hague Is

Bloomberg 5 months ago

035720.KS
-0.88%
041510.KQ
+0.70%
Tech Star Arrested in Korea After $10 Billion Fall From Grace

(Bloomberg) -- Three years ago, Brian Kim sat at the pinnacle of South Korea’s internet industry — a celebrated entrepreneur who created the dominant messaging platform for the country’s 50 million people. Today, he’s in detention, preparing to fight in court for his freedom and his empire.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerMarkets Tear Up Popular Trades That Reached ‘Stupid Levels’Stocks Caught

Bloomberg 6 months ago

035720.KS
-0.88%
041510.KQ
+0.70%
SSNLF
South Korean tech giant Kakao's founder arrested in stock price manipulation case

South Korean prosecutors said Tuesday they have arrested the founder of technology giant Kakao Corp. for alleged stock price rigging during his company’s takeover of a major K-pop agency last year. Kim’s arrest came after the Seoul Southern District Court approved an arrest warrant, citing concerns that he could flee or destroy evidence. Kim faces allegations that he orchestrated and approved schemes to collaborate with the operator of a private equity fund to deliberately inflate the stock price of K-pop agency SM Entertainment to prevent Hybe Corp., the parent company of another K-pop powerhouse behind global sensation BTS, from buying SM Entertainment, according to the prosecutor.

Associated Press Finance 6 months ago

035720.KS
-0.88%
041510.KQ
+0.70%
Kakao Billionaire Arrested in K-Pop Market Manipulation Case

(Bloomberg) -- South Korean authorities have arrested Kakao Corp. founder Brian Kim over allegations of market manipulation, making the internet entrepreneur the most prominent business figure in the country in years to wind up in jail.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerStocks Caught in Tug of War Between Tech and Rest: Markets WrapMarkets Tear Up Popular Trades That Reached ‘Stupid Levels’I Chan

Bloomberg 6 months ago

035720.KS
-0.88%
041510.KQ
+0.70%
Korean prosecutors file warrant to arrest Kakao founder for stock manipulation

South Korean prosecutors said on Wednesday that they have filed an arrest warrant for Brian Kim, the founder of Korean internet giant Kakao, as part of an investigation into alleged stock market manipulation related to a high-profile bidding war for SM Entertainment, one of the country's biggest music labels, in 2023. The warrant comes a week after Seoul-based prosecutors launched a probe into Kim's involvement in the alleged manipulation of SM Entertainment's share price. Kakao did not respond

TechCrunch 7 months ago

041510.KQ
+0.70%
Korea Seeks to Arrest Kakao Founder in Price-Rigging Case

(Bloomberg) -- South Korean prosecutors are seeking an arrest warrant for billionaire Kakao Corp. founder Brian Kim, a surprise twist in their ongoing investigation into alleged stock market manipulation.Most Read from BloombergBiden Exit Puts Trump Trade in Doubt as Election Gets Re-SetJoe Biden Bows to Democrats Who Wanted Him Out, Upending US PoliticsBiden Exits Race, Endorses Harris as She Shores Up SupportBiden Is Out: What’s Next for Democrats, ExplainedTrump’s Remarks Spark Rebuke From Me

Bloomberg 7 months ago

035720.KS
-0.88%
041510.KQ
+0.70%

Performance Overview

Return	041510.KQ	KOSPI Composite Index
YTD	+32.54%	+10.24%
1-Year	+26.92%	-0.84%
3-Year	+48.57%	-0.13%

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SM Entertainment Co., Ltd. (041510.KQ)

Kakao Founder’s Trial Melds Kpop, Billionaires and Markets

Tech Star Arrested in Korea After $10 Billion Fall From Grace

South Korean tech giant Kakao's founder arrested in stock price manipulation case

Kakao Billionaire Arrested in K-Pop Market Manipulation Case

Korean prosecutors file warrant to arrest Kakao founder for stock manipulation

Korea Seeks to Arrest Kakao Founder in Price-Rigging Case

Performance Overview