How foreign companies have lost a bundle in North Korea [MSN Money]
Korea Electric Power Corporation (KEP)
US:NYSE Investor Relations:
home.kepco.co.kr/kepco/en/ntcob/list.do?boardcd=brd_000242&menucd=en03040201
Company Research
Source: MSN Money
Months before the first summit between leaders of two Koreas in 2000, South Korean tech giant Samsung Electronics invested $730,000 in Pyongyang's top computer lab. North Korean programmers there would develop online chess games and food recipes for Samsung to sell outside the North. Load Error Samsung quit the business as inter-Korea relations later deteriorated and the lab, Korea Computer Centre, was blacklisted last year for its alleged contribution to the North's weapons program. As companies from South Korea to Russia and China again look to cash in on easing tensions with Pyongyang, Samsung's now defunct businesses in Pyongyang and hundreds of similar failed joint ventures underline North Korea's status as one of the world's highest-risk investment destinations. Yet days before the historic meeting between U.S. President Donald Trump and North Korean leader Kim Jong Un in Singapore, a conference in Seoul to explore investment opportunities in North Korea drew
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News
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- Korea Electric Power: Return To Profitability And Dividend Reinstatement Are Potential Catalysts [Seeking Alpha]Seeking Alpha
KEP
Analyst Actions
- 2/26/24 - Citigroup Inc.
KEP
Sec Filings
- 3/26/24 - Form 6-K
- 3/12/24 - Form 6-K/A
- 3/11/24 - Form 6-K
- KEP's page on the SEC website