Korea University tech holding firm clears losses, plans first dividend

Korea University’s technology holding company plans to pay dividends for the first time after wiping out accumulated losses with gains from startup investments. The move marks a milestone in the university’s efforts to build a self-sustaining technology commercialization model. Korea University Holdings said Monday it generated 3.55 billion won ($2.6 million) in gains from selling stakes in five portfolio companies during the first half of this year, allowing it to fully offset accumulated defic

By The Korea Herald