A high-profile collapse at an apartment complex under construction in Incheon by GS Engineering & Construction (E&C) comes as a blessing in disguise for its heir apparent, as its tainted corporate value helped the company chairman give 2 million shares to his son while paying a reduced gift tax, according to industry officials, Thursday.
A high-profile collapse at an apartment complex under construction in Incheon by GS Engineering & Construction (E&C) comes as a blessing in disguise for its heir apparent, as its tainted corporate value helped the company chairman give 2 million shares to his son while paying a reduced gift tax, according to industry officials, Thursday.