KT

KT Corp. Files 2023 Annual Report on Form 20-F

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火曜日, 4月 30, 2024
Annual report, KT, Security (finance), KT Corporation, Business

SEOUL, South Korea, April 30, 2024 /PRNewswire/ -- KT Corporation (NYSE: KT ), South Korea's largest integrated telecom and digital platform service provider, announced that it has filed its Form 20- F Annual Report on April 30th, 2024 for the year ended December 31, 2023 with the Securities and Exchange Commission of the United States.

Key Points: 
  • SEOUL, South Korea, April 30, 2024 /PRNewswire/ -- KT Corporation (NYSE: KT ), South Korea's largest integrated telecom and digital platform service provider, announced that it has filed its Form 20- F Annual Report on April 30th, 2024 for the year ended December 31, 2023 with the Securities and Exchange Commission of the United States.
  • The report can be accessed on KT's English website at https://corp.kt.com/eng in the Investors section under Business Report as well as the SEC's Edgar database at www.sec.gov .
  • Shareholders may also request a hard copy of the Form 20-F Annual Report that includes audited financial statements of 2023, free of charge, by sending an e-mail to the Company's IR department at [email protected] .

Europe Methanol Production, Storage, and Transportation Industry Report 2023-2033: Adoption of E-Methanol as a Shipping Fuel and Strategic Partnerships and Collaborations Fueling Opportunities - ResearchAndMarkets.com

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火曜日, 4月 30, 2024
Alternative Vehicles, Fuels, Automotive, Methanol, Transport, Natural gas, Country, Research, Carbon, Repsol, KT, OCI, Growth, Renewable energy

The "Europe Methanol Production, Storage, and Transportation Market: Focus on Methanol Production and Storage and Transportation Services - A Regional Analysis, 2023-2033" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Europe Methanol Production, Storage, and Transportation Market: Focus on Methanol Production and Storage and Transportation Services - A Regional Analysis, 2023-2033" report has been added to ResearchAndMarkets.com's offering.
  • Strategic investments in production infrastructure and transportation networks will be crucial for companies looking to capitalize on the growing demand for methanol production, storage, and transportation market in Europe.
  • The Europe methanol production, storage, and transportation sector is witnessing notable strategic endeavors from key players centered on technological advancements and market expansion.
  • Germany to Dominate the Europe Methanol Production, Storage, and Transportation Market (by Country)
    Germany's advancements in methanol production, storage, and transportation synthesis from industrial waste gases, showcased by Fraunhofer ISE, solidify its leadership in the Europe methanol production, storage, and transportation market.

Omdia: Generative AI software revenue in Asia and Oceania to exceed $18 billion by 2028

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水曜日, 4月 17, 2024
Cloud, Ecosystem, A*STAR, ChatGPT, AI, Google Cloud, SK Telecom, Human, Ali Baba, Baidu, KT, Tech Mahindra, Synthetic media, Malay language, Microsoft, Azure, Generative, Microsoft Azure, AWS, Organization, Huawei

LONDON, April 17, 2024 /PRNewswire/ -- Since ChatGPT emerged, Generative AI (GenAI) development and deployment have been gaining significant momentum in Asia and Oceania, Omdia 's new, Generative AI in Asia & Oceania – 2024: Democratization through localization report indicates that  software revenue for GenAI in this region is estimated to be around $3.4 billion by the end of 2024 but is projected to exceed $18 billion by 2028.

Key Points: 
  • LONDON, April 17, 2024 /PRNewswire/ -- Since ChatGPT emerged, Generative AI (GenAI) development and deployment have been gaining significant momentum in Asia and Oceania, Omdia 's new, Generative AI in Asia & Oceania – 2024: Democratization through localization report indicates that  software revenue for GenAI in this region is estimated to be around $3.4 billion by the end of 2024 but is projected to exceed $18 billion by 2028.
  • China, Japan, and South Korea stand out as leading examples compared to other markets in the development of GenAI.
  • "Asia and Oceania  boasts some of the most ambitious vendors in the AI industry building full-stack solutions.
  • Omdia notes that most organizations in Asia and Oceania lack expertise in GenAI development and struggle to compete with major technology vendors and startups for AI talent.

Upstage Raises $72 Million in Series B Funding to Expand Global Reach of its Groundbreaking AI Solutions

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火曜日, 4月 16, 2024
Big, Industrial bank, OCR, Korea Development Bank, AI, Document, Document AI, API, History, Industrial Bank of Korea, KT, SK Group, Venture round, DUS, SoftBank Group, Solar, SAN, Samsung

SAN JOSE, Calif., April 16, 2024 /PRNewswire/ -- Upstage, a pioneering AI company specializing in large language models (LLMs) and Document AI, today announced that it has raised $72 million in a Series B. With this latest investment, Upstage has now raised over $100 million since its founding in October 2020, making it the most-funded South Korean AI software company in history.

Key Points: 
  • The AI startup has raised over $100 million in cumulative investment through Series A and B funding rounds, making it the most-funded AI software company in South Korea.
  • SAN JOSE, Calif., April 16, 2024 /PRNewswire/ -- Upstage , a pioneering AI company specializing in large language models (LLMs) and Document AI, today announced that it has raised $72 million in a Series B.
  • With this latest investment, Upstage has now raised over $100 million since its founding in October 2020, making it the most-funded South Korean AI software company in history.
  • "We're thrilled to extend our strong success in South Korea to a global audience," said Sung Kim, co-founder and CEO of Upstage.

Bionano Announces Publication Showing that OGM Identifies Genetic Aberrations in Sarcoma Samples that May Lead to Improved Diagnosis but were Missed by Classical Cytogenetics

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水曜日, 4月 3, 2024
Sarcoma, Diagnosis, KT, Oncogene, SAN, Neoplasm, Research, Cancer, Doctor of Philosophy, CDKN2A, Workflow, Karyotype, FISH, Genomics, Chromothripsis, SVS, Prognosis, Aberration, OGM, Medical imaging

Sarcomas represent over 100 histological subtypes and are highly heterogenous in their genetic landscape and prognosis.

Key Points: 
  • Sarcomas represent over 100 histological subtypes and are highly heterogenous in their genetic landscape and prognosis.
  • The detection of SVs and CNVs remains challenging and typically requires multiple traditional cytogenetic techniques.
  • In this study, researchers demonstrated OGM’s ability to detect aberrations as small as 500 bp, which is approximately 10,000-fold higher resolution than that of KT.
  • As shown in this study, OGM can provide better characterization of the genomic complexity of sarcoma samples when compared to traditional cytogenetic techniques, due to the workflow’s high resolution and ​comprehensive, genome-wide analysis.

KT® Introduces KT Ice: A Revolutionary Product Series for Enhanced Performance and Recovery

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火曜日, 4月 9, 2024
Arthralgia, KT, Menthol, Vasoconstriction, Exercise, Relaxation, Thermoreceptor, ICE, Arnica, Sensation, Muscle soreness, Swelling, Video game

AMERICAN FORK, Utah, April 9, 2024 /PRNewswire/ -- KT®, the leading kinesiology tape brand, is proud to announce the launch of KT Ice, a groundbreaking series of products designed to revolutionize the way consumers prepare, perform, and recover from physical activity. The KT Ice series features a comprehensive range of products tailored to support individuals at every stage of their fitness journey.

Key Points: 
  • Additionally, menthol facilitates vasoconstriction, inhibits pain and inflammation channels, and enhances overall recovery, making it an invaluable component of the KT Ice series.
  • "The KT Ice series represents a paradigm shift in how individuals approach preparation, performance, and recovery," said Jessica Klodnicki, KT CEO.
  • "With the launch of the KT Ice series, KT® is proud to make clinically inspired recovery solutions available to the everyday active consumer.
  • The KT Ice series also introduces two new magnesium creams: KT HEALTH ACTIVATE and KT HEALTH RECOVER.

Flashlight Capital Partners Thanks Shareholders for its Victory

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木曜日, 3月 28, 2024
Professional Services, Finance, KT, Recruit, KRX, Letter, Management

Flashlight Capital Partners Pte.

Key Points: 
  • Flashlight Capital Partners Pte.
  • “We view this appointment as a victory for all shareholders, irrespective of size or nationality," remarked Sanghyun Lee, Managing Partner of Flashlight Capital.
  • Prevent Illegal Treasury Share Giveaway: Prevent former CEOs from exerting undue influence as large shareholders behind the scenes.
  • Flashlight Capital remains committed to working collaboratively with KT&G’s management and board of directors to drive sustainable value creation and enhance shareholder returns.

ISS Recommends KT&G Shareholders Vote FOR a Board Candidate Endorsed by Flashlight Capital

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木曜日, 3月 14, 2024
Banking, Professional Services, Finance, KT, ALL, ISS, KRX, Holding company

Ltd (“Flashlight Capital”), a shareholder of KT&G Corporation (KRX: 033780) (“KT&G” or the “Company”), today announced that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, has recommended the Company's shareholders vote FOR a board candidate endorsed by Flashlight Capital at the Company’s 2024 Annual General Meeting of Shareholders (the “General Meeting”).

Key Points: 
  • Ltd (“Flashlight Capital”), a shareholder of KT&G Corporation (KRX: 033780) (“KT&G” or the “Company”), today announced that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, has recommended the Company's shareholders vote FOR a board candidate endorsed by Flashlight Capital at the Company’s 2024 Annual General Meeting of Shareholders (the “General Meeting”).
  • Sanghyun Lee, Managing Partner of Flashlight Capital, commented: "We are pleased that ISS has recognized the urgent need for shareholder-driven change at KT&G.
  • We encourage our fellow shareholders to waste no time and vote today, FOR director nominee Mr. Shon, (Item 3.3), and vote AGAINST KT&G’s proposed nominees (Items 3.1, 3.2 and 4).
  • Simply, please vote FOR item 3.3., and vote AGAINST all other management nominees (Items 3.1, 3.2 and 4).”
    FOREIGN SHAREHOLDERS WILL ENCOUNTER EARLY VOTING DEADLINES WITH SOME AS EARLY AS MARCH 14, 2024.

Flashlight Capital Partners to Host KT&G Shareholder Webinar for Mar 2024 AGM

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月曜日, 3月 11, 2024
Asset Management, Professional Services, Business, Finance, KT, Flashlight, AGM

The webinar will feature a presentation by Flashlight Capital’s Managing Partner, Sanghyun Lee, who will discuss KT&G’s governance issues and also Flashlight Capital’s analysis on the profitability of KT&G’s export business.

Key Points: 
  • The webinar will feature a presentation by Flashlight Capital’s Managing Partner, Sanghyun Lee, who will discuss KT&G’s governance issues and also Flashlight Capital’s analysis on the profitability of KT&G’s export business.
  • On March 5, 2024, Flashlight endorsed IBK’s candidate for the upcoming KT&G AGM.
  • The relevant AGM agenda is #3-3: Appointment of Dong-Hwan Shon as Outside Director.
  • Flashlight recommends all shareholders to vote FOR #3-3, and against other candidates (#3-1 and #3-2).

KT&G appoints Kyung-man Bang as new CEO at the 37th Annual General Meeting of Shareholders

Retrieved on: 
木曜日, 3月 28, 2024
KT, Growth, KT&G, Trust, Headquarters, AGM, Brand management, Professional, Multimedia, Work, Audit committee, Management

SEOUL, South Korea, March 28, 2024 /PRNewswire/ -- KT&G Corporation ("KT&G" or the "Company") (KRX:033780) held its 37th Annual General Meeting of Shareholders ("AGM") on March 28, 2024 at KT&G Human Resources Development Center in Daejeon, South Korea, and appointed Kyung-man Bang as President (CEO) and Representative Director.

Key Points: 
  • Kyung-man Bang was elected President with overwhelming shareholder support, winning the highest number of votes.
  • The election of CEO and Outside Director was conducted jointly through combined cumulative voting as per shareholder request, with the aim of protecting minority shareholder rights.
  • Furthermore, Mr. Bang introduced 'T-O-P strategy', a new business strategy designed to propel KT&G towards its 'Global Top-tier' vision.
  • Mr. Bang has been recognized as the most qualified candidate to guide KT&G towards achieving its 'Global Top-tier' vision.