Alchera to raise 56.1 bln won via stock offering

Alchera Inc.on Monday announced that it will sell stock to raise 56.1 billion won(US$42.2 million). The proceeds from the stock sale will be used mainly to finance its operations.

According to a regulatory filing, the company will issue 6.3 million …

Read More »

KT&G to expand production facilities in Indonesia

KT&G Corp., South Korea’s dominant tobacco company, said Monday it plans to expand its production facilities in Indonesia, with an aim to start operations in 2026.

KT&G currently has a tobacco manufacturing plant in Surabaya and plans to build anoth…

Read More »