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March 26, 2023
More than seven out of 10 listed Korean companies are set to hold annual shareholders meetings throughout this week and market watchers are paying particular attention to JB Financial and KT&G, whose annual meetings are expected to become the settings of proxy fights initiated by activist funds. JB Financial Group is facing a showdown in a proxy battle with Align Partners, a local activist fund, at its annual shareholders meeting on Thursday. Align Partners is the financial giants second-largest...
March 14, 2023
Kiaโs electric three-row SUV design theme could be dubbed Back to the Future
March 1, 2023
Activist fund Tcha Partners Asset Management has launched a Namyang Dairy shareholder campaign urging the dairy company to take active measures to protect minority shareholders rights. According to Tcha Partners proposals sent out the company boards earlier this week, the activist fund urged the firm to buy back 50 percent stakes of both common shares as well as preferred shares - worth 191 billion won ($144 million) in total - at the price of 820,000 won per share.
January 26, 2023
More than a dozen of second- or third-generation scions of Korean family-owned conglomerates have been indicted on charges of habitually using and selling marijuana, prosecutors said Thursday.
January 23, 2023
South Korea Dairy Market Size To Grow At A CAGR Of 2.7% In The Forecast Period Of 2023-2028
January 15, 2023
Hyundai Motor has demonstrated the safety of the IONIQ 5 as the electric vehicle (EV) crashed into a 100-ton installation at 64 kilometers per hour and the passenger seat remained intact in a self-propelled crash test, the carmaker said Sunday. The company conducted the crash safety test for the media at its Namyang R&D Center in Hwaseong, Gyeonggi Province, Thursday.
January 11, 2023
Vietnam is emerging as a major importer of powdered milk from the Republic of Korea (RoK) that is facing low birth rate.
January 11, 2023
Vietnam is emerging as a major importer of powdered milk from the Republic of Korea (RoK) that is facing low birth rate.
January 11, 2023
/PRNewswire/ -- Hyundai Motor Group (the Group)s Executive Chair, Euisun Chung, has today been honored with the MotorTrend Person of the Year award, having...
January 3, 2023
Hyundai Motor Group Executive Chair Chung Euisun called on employees to build trust and take a leap forward to better overcome external challenges during a New Year address held at the Hyundai Motor and Kia Corp. Namyang R&D Center in Hwaseong, Gyeonggi Province, Tuesday.