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Chairman Park Sam-koo of Kumho-Asiana Group.
Kumho Industrial creditors have requested more than 1 trillion won for a deal involving Kumho-Asiana Group, but industry sources familiar to the deal and even some inside creditors agree that the price is too high.
On June 26, the creditors demanded 1.0…
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Chairman Suh Kyung-bae of AmorePacific Group.
It was in September 1945, shortly after Korea’s liberation from Japanese colonial rule, that Pacific (the predecessor of AmorePacific) was established. At that time, late founder Suh Sung-whan launched a small shop in Namdaemun Market.
AmorePaci…
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Hanwha Chemical President Kim Chang-bum.Hanwha Chemical’s Yeosu plant.(Photos:Hanwha Chemical)Hanwha Business Group’s deal to acquire Samsung Group’s petrochemical and defense units makes the former the ninth biggest conglomerate in Korea in terms of assets. Before the deal Hanwha was 10th. The a…
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Chairman Park Yong-maan of Doosan Business Group.The Mundra coal-fired Thermal Power Plant, the world’s biggest such one in India, built by Doosan Heavy Industries & Construction.(Photos:Doosan Heavy Industries)
Doosan is one of Korea’s oldest and most successful companies. Doosan, marking th…
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Chairman Shin Dong-bin of Lotte Group, right, inspects a joint venture chemical rubber plant by Lotte Chemical and Mitsubishi Trading and Woobe Group both of Japan with an investment of $130 million in Malaysia following a dedication ceremony of the new plant on Aug. 24 as Lotte Chemical Presi…
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Chairman Shin Dong-bin of Lotte Group (Photo:Lotte Group)Lotte Group Chairman Shin Dong-bin emerged as the victor in a management secession feud with his elder brother as Japan-based Lotte Holdings, Lotte’s key holding company of Lotte Units in Korea and Japan held an extraordinary shareholders’ m…
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This is the altar for the late honorary chairman Lee Maeng-hee of CJ Group at the Seoul National University Hospital in Younggun-dong, Seoul,.(Photo:CJ Group )
Honorary Chairman Lee Maeng-hee of CJ Group and the oldest of the late Samsung Group founder Lee Byung-chull’s children died on Aug. 16 at…
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SK Chairman Chey Tae-won meets with reporters at the SK headquarters while heading to his office to resume his usual business after he was released from a prison. (Photos:SK Group)
SK Group’s Chey Tae-won returned to his usual business shortly after he was released from prison in the Liberation Da…
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Chairman Chung Mong-koo meets with a number of officials of Kia Motors auto plant in Mexico during his recent visit to inspect the auto maker’s operation in the Latin American country with the auto maker getting ready to kick off the sale of its cars throughout Latin America as Mexico as its base f…
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Vice Chairman Lee Jay-yong of Samsung Electronics.Samsung Electronics on July 30 reported 48.54 trillion won in sales and 6.9 trillion won in operating profit in the second quarter of 2015. The figures represent a 3 percent rise from 47.12 trillion won in sales in the 1st quarter of the year and a 1…
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Deputy Prime Minister-Minister Bae Kyung-hoon of the Ministry of Science and ICT (MSIT), Vice Minister Lee Ho-hyun of the Ministry of Climate, Energy and Environment (MCEE), Chmn. Choi Won-ho of the Nuclear Safety and Security Commission (NSSC), Chmn…
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President Lee Jae-myung poses with heads of state and organizations at a meeting of the annual Group of 20 (G20) leaders’ summit in South Africa on Nov. 22. (Photos on the courtesy of the Presidential Office)President Lee Jae-myung returned home fro…
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President Lee Hag-jae of Incheon International Airport Corp. (IIAC) poses with President Omar N. Al-Midani of Vision Invest after they struck a contract on the operational service of Tashkent Airport in Uzbekistan on Oct. 14. (Photos: IIAC)Incheon In…
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President Kim Dae-ja of the Korea Agency for Technology and Standards (KATS), Chmn. Moon Dong-min of the Korean Standards Association and prize winners pose at the 51st National Quality Management Convention at COEX in Seoul on Nov. 19. (Photo: MOTIR…
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