Daewoo Securities' plan to raise capital gets
Seoul - Yonhap
Daewoo Securities Co.'s plan for a big capital increase is feared to dent its share price as the move is unlikely to do much to boost its earnings and competitive edge, analysts said Thursday, downgrading their price targets on the company. Daewoo Securities, South Korea's No. 2 brokerage by market cap, said Wednesday it will raise its capital by 1.4 trillion won (US$1.3 billion) through a rights offering as part of its efforts to become a global investment bank.
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Namibian enterprise endeavours to seize opportunities at China import expoRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
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