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As a secondary market transaction, Acts has successfully placed W34.3 bn and W34.4bn. each of Tong Yang Cement¡¯s syndicate loans. The National Agricultural Cooperative Federation of Korea and GE Capital have purchased Tong Yang Cement¡¯s outstanding syndicate loan from Tong Yang Capital and Tong Yang Life Insurance. |
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Able C&C, a cosmetics company headquartered in Seoul, Korea, has been phenomenally successful in creating a new cosmetics market in Korea by offering high quality products at highly competitive prices. As the leader in the market, the company is expected to achieve a sales and net profit growth by approximately 10X, respectively, in FY04. The company¡¯s marketing efforts have resulted in highly recognized brand names, such as ¡°Missha¡± and ¡°Cosmetic.Net¡±.
Acts as the advisor to Able C&C was successful in placing the deal with the well respected AIG Global Investment Corporation a member of the highly recognized AIG Group. |
| H&Q Asia Pacific Korea has invested W8.8 billion in Enpia, a high growth company that specializes in providing Korea's first MSP and CDN services, for the first time in Korea. After discovering the company, Acts' role as advisor required an extensive amount of participation throughout the entire investment process from evaluations to closing. |
| Future Network, a subsidiary of Future Cable TV, is a communication infra company. Acts selected as exclusive financial advisor in the company's financing. Acts advised from planning stage to closing of the W13 billion capital raising deal needed for the expansion of the company's high-speed Internet access business. W 13 billion was invested by Scudder on 28 July 2000. |
| PAMA and H&Q AP, along with a consortium of local investors, signed a contract to acquire 26.17% of GNG Telecom. from Daehan Oil Pipeline Corporation (DOPCO) for approximately W54bn. GNG Telecom is a nation-wide fiber-optics backbone provider with 1,800 km of fiber underground as well as 3,000 km of local loop. The company offers services to cellular and PCS service providers and leases lines to corporations such as Hyundai Motors. |
| Prudential Asset Management Asia Limited (PAMA) signed an agreement to invest approximately W51bn., or US$42mn., in Meritz Securities Co. Ltd, giving PAMA the same shareholding in the company as the Hanjin Group who is the largest shareholder. |
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