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Proxy adviser opposes reappointment of HL Group chairman as director

Chung Mong-won, chairman of HL Group, has hit an obstacle because a proxy advisor here is opposed to an attempt by the construction and auto parts conglomerate to appoint him as director of the groups affiliates, explaining that there could be a conflict of interest concerning the possibility of internal transactions, according to the proxy adviser Monday.
Baek Byung Yeul Hl Group Courtesy Hl Holdings Idhl Group Thl Holding Chung Mong Won

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