Latest news with #CLASSYS
Indian Express
10 hours ago
- Entertainment
- Indian Express
Kim Soo Hyun loses millions in assets to home appliance brand after luxury apartment seizure; fails to pay damages
Kim Soo Hyun's legal trouble isn't slowing down anytime soon. After losing one of his four luxury apartments to skincare company CLASSYS, the K-drama actor has now reportedly lost millions worth of assets to another advertiser. Cuckoo, a popular home appliance brand in South Korea, dropped him as brand ambassador after his dating controversy with late actor Kim Sae Ron gained traction. He had worked as their exclusive model for over a decade and was recently signed to represent their Chinese subsidiary. The lawsuit was filed by the company's electronic sector, which brings in over 90% of Holdings' revenue. On April 24, they filed a request to freeze about 100 million KRW (roughly $73,500 USD) worth of Kim's personal assets, including his bank accounts and loans, and the paperwork was approved on May 20, according to K-media outlet New Daily. Also read: Kim Soo Hyun's loses luxury apartment as he fails to pay penalty fee, a day after winning court order to seize Kim Se Ui's properties Earlier, Kim's legal team moved to the National Forensic Service to challenge Garso Sero's evidence, based on which multiple advertisers sued him last month. The YouTube channel's host, Kim Se Ui, had accused the actor of being in an 'inappropriate relationship' with the late Bloodhounds star and released photographs, audio recordings, and more to back his claims, most of which were labelled as fabricated by Kim's agency, Gold Medalist. Also read: Kim Soo Hyun moves National Forensic Service after his plush apartment seized; to challenge Garosero's 'fabricated' evidence On May 2, the advertiser filed another lawsuit, this time demanding 850 million KRW (around $625,000 USD) in damages. This time, they brought in Homesys (a rental services arm), their Malaysian subsidiary, and other CUCKOO Holdings affiliates to file a joint lawsuit against both the actor and his one-man agency, demanding 2.03 billion KRW (around $1.47 million USD) in damages. The case was referred to the 22nd Civil Division of the Seoul Central District Court. Meanwhile, the earlier 850 million KRW claim was assigned to the 7th Civil Division of the Seoul Eastern District Court. So now, Kim's legal team will have to fight the same lawsuits in multiple courts. Meanwhile, one of its subsidiaries reportedly filed a 50 million KRW (about $36,600 USD) provisional seizure against Gold Medalist. This was also approved by the court on May 27. This was followed by an April 25 lawsuit from a cosmetic company that sued the actor, demanding 510 million KRW (roughly $367,000 USD), though the name of the company has not been disclosed yet. The move came just days after a medical aesthetics company seized one of his posh properties in Seongsu-dong, Seoul, freezing it for 3 billion KRW (around $2.21 million USD). Meanwhile, Kim's fans across the globe have accused these advertisers of riding the actor's success during his peak era and now abandoning him over a controversy that hasn't reached a conclusion yet, causing secondary harm. They stress that these companies are targeting someone who is already facing false allegations. The fans have launched a campaign to boycott these brands.
Indian Express
a day ago
- Entertainment
- Indian Express
Kim Soo Hyun moves National Forensic Service after his plush apartment seized; to challenge Garosero's ‘fabricated' evidence
Kim Soo Hyun recently lost a luxury apartment in Galleria Forêt to a cosmetic company after the advertiser filed a lawsuit against the actor over damages caused by his dating controversy. The development came just a day after Seoul's Eastern District Court gave the actor and his agency, Gold Medalist, the upper hand in seizing Garo Sero host Kim Se Ui's two apartments in a bid to recover damages caused by the YouTuber's reporting, where he accused Soo Hyun of being in an inappropriate relationship with late actor Kim Sae Ron. Since the advertisers pulled out of their contract based on the evidence submitted by Garo Sero, which Soo Hyun's legal team insists is fabricated, his lawyers have now taken the case to South Korea's National Forensic Service (NFS) to verify the files' authenticity. If the files turn out to be doctored, it could flip the entire case. Also read: Kim Soo Hyun's loses luxury apartment as he fails to pay penalty fee, a day after winning court order to seize Kim Se Ui's properties Since March, Garo Sero and Kim Sae Ron's family have dropped plenty of digital content they claim as evidence, pictures, screenshots, call logs, alleged audio recordings, and more, forcing Soo Hyun and his agency to hold a press conference. There, he admitted to dating Kim Sae Ron, but denied claims that they were together when she was underage, insisting the relationship only began after she became an adult. But Garo Sero didn't stop. They even dragged in the attorney, threatening to sue him based on a re-constructed audio recording. Soo Hyun's lawyer, Bang Sung Hoon from LKB & Partners, stated, 'It's true that provisional seizure was granted, but Kim Soo Hyun is the victim of criminal slander by Garo Sero Institute. Their false claims that Kim dated and exploited the underage Kim Sae Ron led to these consequences. The blame lies with the instigators, not Kim.' His team is now fighting back against all the advertisers who dropped him based on that 'fabricated' evidence. One of them, a medical beauty company called CLASSYS, had hired Kim to endorse their brand, Volnewmer. When the scandal blew up, CLASSYS scrapped the deal and sued him for damaging their reputation, securing a court order to seize one of his luxury apartments worth about ₩3 billion KRW (around $2.2 million USD). Three more companies have followed suit. Kim Soo Hyun enjoys a massive fanbase in South Korea and globally, some of whom have even launched a petition to protect the actor from cyberbullying. They have now accused CLASSYS of causing 'secondary harm', stressing that the brand is doing additional harm to someone who is already being targeted. Fans argue that the company made money off Kim Soo Hyun's image for years, but turned against him when the controversy broke. They are now threatening to boycott the brand unless it publicly explains itself. Also read: Kim Soo Hyun scores first big win: YouTuber Kim Se Ui's properties seized, Tzuyang case reopened, arrest warrant looms if he skips summons Kim Soo Hyun and Gold Medalist have filed a countersuit for ₩11 billion KRW (around $8 million USD) against both Garo Sero Institute and Kim Sae Ron's family. The charges include defamation, to privacy breach and the distribution of malicious information. Additional complaints have been filed under South Korea's sexual violence laws and the Information and Communications Network Act. Earlier, the actor's legal team confirmed that they are working on the provisional seizure of Garo Sero's bank account, where Soo Hyun is the direct creditor.
Yahoo
2 days ago
- Business
- Yahoo
Asian Growth Stocks With Strong Insider Ownership
As the Asian markets navigate a complex economic landscape marked by trade tensions and stimulus expectations, investors are increasingly looking towards growth companies with strong insider ownership as potential opportunities. In this context, stocks that exhibit robust internal confidence through significant insider holdings can be particularly appealing, suggesting alignment between management and shareholder interests amidst evolving market conditions. Name Insider Ownership Earnings Growth Zhejiang Leapmotor Technology (SEHK:9863) 15.6% 59.9% Vuno (KOSDAQ:A338220) 15.6% 109.8% Shanghai Huace Navigation Technology (SZSE:300627) 24.3% 23.5% Schooinc (TSE:264A) 30.6% 68.9% Oscotec (KOSDAQ:A039200) 21.1% 94.4% NEXTIN (KOSDAQ:A348210) 12.4% 33.8% Nanya New Material TechnologyLtd (SHSE:688519) 11% 63.3% M31 Technology (TPEX:6643) 30.8% 63.4% Laopu Gold (SEHK:6181) 35.5% 40.2% Fulin Precision (SZSE:300432) 13.6% 43% Click here to see the full list of 613 stocks from our Fast Growing Asian Companies With High Insider Ownership screener. Here we highlight a subset of our preferred stocks from the screener. Simply Wall St Growth Rating: ★★★★★★ Overview: CLASSYS Inc. is a global provider of medical aesthetics devices with a market cap of ₩4.02 billion. Operations: The company generates revenue of ₩269.67 billion from its Surgical & Medical Equipment segment. Insider Ownership: 13.6% CLASSYS demonstrates strong growth potential with earnings expected to grow 26.6% annually, outpacing the Korean market's average. Recent Q1 results showed a revenue increase to ₩77.1 billion and net income of ₩29.7 billion, indicating solid performance. The company's shares trade at 28% below estimated fair value, suggesting potential undervaluation. Despite no significant insider trading activity in recent months, CLASSYS maintains high insider ownership, aligning management interests with shareholders'. Click here to discover the nuances of CLASSYS with our detailed analytical future growth report. Our valuation report unveils the possibility CLASSYS' shares may be trading at a premium. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Chenbro Micom Co., Ltd. is involved in the R&D, design, manufacture, processing, and trading of computer peripherals and expendable systems across various international markets including the United States, China, Taiwan, and Singapore with a market cap of NT$46.28 billion. Operations: The company's revenue primarily comes from its computer peripherals segment, which generated NT$15.90 billion. Insider Ownership: 24.9% Chenbro Micom demonstrates promising growth potential with revenue forecasted to grow 22.1% annually, surpassing the Taiwanese market average. Recent Q1 results showed significant earnings growth of 57.1% year-on-year, reflecting robust performance. The company's strategic focus on AI and cloud server solutions at COMPUTEX 2025 underscores its commitment to innovation and market expansion. High insider ownership aligns management's interests with shareholders', although recent months show no notable insider trading activity. Delve into the full analysis future growth report here for a deeper understanding of Chenbro Micom. Upon reviewing our latest valuation report, Chenbro Micom's share price might be too optimistic. Simply Wall St Growth Rating: ★★★★★★ Overview: Kaori Heat Treatment Co., Ltd. specializes in the research, development, manufacture, and sale of heat exchanger solutions across Taiwan, Asia, the United States, Europe, and other international markets with a market cap of approximately NT$26.80 billion. Operations: Kaori Heat Treatment Co., Ltd.'s revenue is primarily derived from its Plate Heat Exchanger segment, generating NT$1.59 billion, and its Energy Conservation Product Segment, which includes Metal Products and Processing, contributing NT$2.63 billion. Insider Ownership: 13% Kaori Heat Treatment, with substantial insider ownership, is positioned for significant growth, as its earnings are expected to increase by 30.6% annually over the next three years, outpacing the Taiwanese market. The company reported strong Q1 sales of TWD 1.01 billion and announced a share buyback program worth TWD 859.05 million to enhance shareholder value. Despite recent share price volatility, Kaori's strategic initiatives and amendments to its corporate charter reflect a proactive approach to sustaining growth momentum. Get an in-depth perspective on Kaori Heat Treatment's performance by reading our analyst estimates report here. Insights from our recent valuation report point to the potential overvaluation of Kaori Heat Treatment shares in the market. Access the full spectrum of 613 Fast Growing Asian Companies With High Insider Ownership by clicking on this link. Interested In Other Possibilities? The end of cancer? These 23 emerging AI stocks are developing tech that will allow early idenification of life changing disesaes like cancer and Alzheimer's. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include KOSDAQ:A214150 TWSE:8210 and TWSE:8996. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
03-04-2025
- Business
- Yahoo
3 Asian Growth Companies With Up To 13% Insider Ownership
Amid a backdrop of economic uncertainty and inflation concerns, Asian markets have shown resilience, with some regions experiencing stable growth despite global trade tensions. As investors navigate these turbulent times, companies with strong insider ownership can offer a sense of stability and alignment between management and shareholder interests. Name Insider Ownership Earnings Growth Zhejiang Jolly PharmaceuticalLTD (SZSE:300181) 23.3% 26% AcrelLtd (SZSE:300286) 40% 32% Arctech Solar Holding (SHSE:688408) 37.9% 24.7% Seojin SystemLtd (KOSDAQ:A178320) 32.1% 39.3% M31 Technology (TPEX:6643) 27.2% 72.4% Laopu Gold (SEHK:6181) 36.4% 38.9% Global Tax Free (KOSDAQ:A204620) 21.8% 35.1% Oscotec (KOSDAQ:A039200) 21.3% 85.9% Synspective (TSE:290A) 13.2% 44.5% Fulin Precision (SZSE:300432) 13.6% 78.6% Click here to see the full list of 655 stocks from our Fast Growing Asian Companies With High Insider Ownership screener. Here we highlight a subset of our preferred stocks from the screener. Simply Wall St Growth Rating: ★★★★★★ Overview: CLASSYS Inc. is a global provider of medical aesthetics devices, with a market cap of ₩3.98 trillion. Operations: Revenue Segments (in millions of ₩): null Insider Ownership: 13.7% CLASSYS demonstrates strong growth potential with earnings and revenue forecasted to grow significantly, outpacing the Korean market. Despite a highly volatile share price recently, it trades at 37.2% below its estimated fair value. The company's Return on Equity is projected to reach 26% in three years. Recent events include an Annual General Meeting addressing financial statements and stock option grants, although no shares were repurchased as part of their buyback program this quarter. Take a closer look at CLASSYS' potential here in our earnings growth report. The analysis detailed in our CLASSYS valuation report hints at an inflated share price compared to its estimated value. Simply Wall St Growth Rating: ★★★★★☆ Overview: Nanya New Material Technology Co., Ltd specializes in the manufacturing, design, development, and sale of composite materials with a market cap of CN¥8.25 billion. Operations: The company's revenue is derived from its activities in manufacturing, designing, developing, and selling composite materials. Insider Ownership: 11.1% Nanya New Material Technology Ltd. shows promising growth prospects with earnings and revenue expected to grow significantly faster than the Chinese market, despite a highly volatile share price recently. The company reported sales of CNY 3.36 billion for 2024, marking an improvement from the previous year, and achieved profitability with a net income of CNY 51.97 million. It trades at good value compared to peers, though its Return on Equity is forecasted to remain modest at 16%. Navigate through the intricacies of Nanya New Material TechnologyLtd with our comprehensive analyst estimates report here. Upon reviewing our latest valuation report, Nanya New Material TechnologyLtd's share price might be too pessimistic. Simply Wall St Growth Rating: ★★★★★☆ Overview: Shanghai GenTech Co., Ltd. offers process critical system solutions to hi-tech and advanced manufacturing industries in China, with a market cap of CN¥11.50 billion. Operations: Shanghai GenTech Co., Ltd. generates its revenue by providing system solutions crucial to the processes of hi-tech and advanced manufacturing sectors in China. Insider Ownership: 13.4% Shanghai GenTech demonstrates strong growth potential, with earnings forecasted to grow significantly at 31.65% annually, outpacing the Chinese market. Revenue is expected to increase by 23.7% per year, surpassing market averages. The company reported substantial sales growth to CNY 5.47 billion for 2024 and improved net income of CNY 528 million. Despite a low forecasted Return on Equity of 19.5%, it trades at a favorable price-to-earnings ratio of 21.8x compared to the market average. Get an in-depth perspective on Shanghai GenTech's performance by reading our analyst estimates report here. Insights from our recent valuation report point to the potential undervaluation of Shanghai GenTech shares in the market. Get an in-depth perspective on all 655 Fast Growing Asian Companies With High Insider Ownership by using our screener here. Contemplating Other Strategies? Trump has pledged to "unleash" American oil and gas and these 20 US stocks have developments that are poised to benefit. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include KOSDAQ:A214150 SHSE:688519 and SHSE:688596. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
27-03-2025
- Business
- Yahoo
March 2025's Asian Stocks Priced Below Estimated Value
As global markets navigate a landscape marked by economic uncertainty and mixed signals from major economies, the Asian stock market presents intriguing opportunities for investors seeking value. In this context, identifying undervalued stocks becomes crucial, as these assets may offer potential upside when broader market conditions stabilize. Name Current Price Fair Value (Est) Discount (Est) DIP (TSE:2379) ¥2288.00 ¥4572.89 50% Chison Medical Technologies (SHSE:688358) CN¥31.19 CN¥61.39 49.2% Guizhou Space Appliance (SZSE:002025) CN¥57.74 CN¥114.89 49.7% RACCOON HOLDINGS (TSE:3031) ¥963.00 ¥1885.03 48.9% STI (KOSDAQ:A039440) ₩22450.00 ₩43978.70 49% Bide Pharmatech (SHSE:688073) CN¥54.20 CN¥106.91 49.3% Takara Bio (TSE:4974) ¥850.00 ¥1685.20 49.6% APAC Realty (SGX:CLN) SGD0.43 SGD0.85 49.4% Siam Wellness Group (SET:SPA) THB4.64 THB9.12 49.1% Yuhan (KOSE:A000100) ₩121500.00 ₩237586.28 48.9% Click here to see the full list of 277 stocks from our Undervalued Asian Stocks Based On Cash Flows screener. Let's review some notable picks from our screened stocks. Overview: CLASSYS Inc. is a company that provides medical aesthetics devices globally, with a market cap of ₩3.82 trillion. Operations: Revenue Segments (in millions of ₩): Estimated Discount To Fair Value: 39.4% CLASSYS appears undervalued based on cash flows, trading at ₩58,400, significantly below its estimated fair value of ₩96,307.57. The company has demonstrated robust financial performance with earnings growing 31.9% last year and forecasted revenue growth of 21.8% annually, surpassing the Korean market average. Despite recent share price volatility and no buyback activity in the latest tranche update, CLASSYS's strong projected earnings growth suggests potential for future value realization. The analysis detailed in our CLASSYS growth report hints at robust future financial performance. Navigate through the intricacies of CLASSYS with our comprehensive financial health report here. Overview: Sunstone Development Co., Ltd. focuses on the R&D, production, and sales of prebaked carbon anodes for the aluminum industry both in China and internationally, with a market cap of CN¥8.33 billion. Operations: The company's revenue is primarily derived from its activities in the research, development, production, and sales of prebaked carbon anodes for the aluminum industry. Estimated Discount To Fair Value: 45.5% Sunstone Development is trading at CN¥17.44, significantly below its estimated fair value of CN¥32.02, suggesting it may be undervalued based on cash flows. Despite a forecasted low return on equity of 11.7%, earnings are expected to grow 80.17% annually, with revenue growth projected at 23.6% per year—outpacing the Chinese market average of 13%. However, interest payments aren't well covered by earnings, which could pose financial challenges ahead. Upon reviewing our latest growth report, Sunstone Development's projected financial performance appears quite optimistic. Take a closer look at Sunstone Development's balance sheet health here in our report. Overview: Taiwan Union Technology Corporation manufactures and sells copper foil substrates, adhesive sheets, and multi-layer laminated boards both in Taiwan and internationally, with a market cap of NT$47.74 billion. Operations: The company generates revenue through the production and distribution of copper foil substrates, adhesive sheets, and multi-layer laminated boards in both domestic and international markets. Estimated Discount To Fair Value: 48.8% Taiwan Union Technology is trading at NT$173.5, well below its fair value of NT$338.81, highlighting potential undervaluation based on cash flows. Earnings grew substantially last year and are forecast to continue growing significantly at 23% annually, outpacing the TW market's 15.6%. Despite strong earnings growth, revenue is expected to grow more modestly at 15.4% per year. The dividend yield of 2.31% isn't fully covered by free cash flows, indicating potential sustainability concerns. The growth report we've compiled suggests that Taiwan Union Technology's future prospects could be on the up. Click here and access our complete balance sheet health report to understand the dynamics of Taiwan Union Technology. Delve into our full catalog of 277 Undervalued Asian Stocks Based On Cash Flows here. Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include KOSDAQ:A214150 SHSE:603612 and TPEX:6274. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
