Stay updated with breaking news from Yoo jung hyun. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Controversy over South Korea's high inheritance tax has resurfaced as the government failed again in its tender offer to sell a 4.7-trillion-won ($3.62 billion) stake in NXC, a holding firm of the nation's largest game developer, Nexon. The open bid, hosted by the Korea Asset Management Corp., to sell the Finance Ministry's 29.3 percent stake, or 852,000 shares, in NXC ended in another failure, accordi. ....
The government is struggling to sell stakes in gaming giant Nexon’s holding firm, NXC, that it received from surviving family members of Nexon founder Kim Jung-ju in inheritance tax. ....
A dispute over high inheritance tax resurfaced this week, after the surviving family members of Kim Jung-ju, the deceased head of gaming giant Nexon, paid their inheritance tax in the form of stocks. ....