Hints and tips:
...“We should not consider efforts to bolster the relationship with the United States as a move to disregard China,” finance minister Choo Kyung-ho told a parliamentary session in May....
...“Companies are mulling which is the better option,” said Lee Hang-koo, an adviser at Korea Automotive Technology Institute....
...Mr Koo is grandson of LG Group founder Koo In-hwoi and the third son of Koo Cha-kyung, its former chairman....
...“It will be a close contest as investors mull the positive and negative aspects of the deal,” said Park Yoo-kyung, a governance adviser at APG Asset Management....
...Missing from Friday’s list of beneficiaries were Kim Seung-yeon, chairman of Hanwha Group, Chey Jae-won, vice-chairman of SK Group, and Koo Bon-sang, vice-chairman of LIG Nex1....
...Hyundai’s board discussed the bid — which was championed by chairman Chung Mong-koo — only twice, and was not privy to the deal value before it was agreed....
...Park Yoo-kyung, an investment adviser on corporate governance at APG Asset Management Asia, said the scale of the deal was “totally against investors’ expectations” after the government’s recent promise...
...Kia has called for the resignation of Chung Mong-koo, the 76-year-old chairman of the group....
...Chung Mong-koo could not resist sounding a triumphal note after Hyundai Motor Group sealed a $10bn deal for a prime piece of real estate in Seoul’s glitzy Gangnam district....
...LG Electronics published only the salary of its vice-chairman and chief executive, Koo Bon-joon, who earned Won1.3bn....
...In contrast, Posco chief executive Chung Joon-yang earned Won2bn, LG Electronics chief Koo Bon-joon earned Won1.3bn, while Hyundai Heavy Industries chief Lee Jae-sung earned Won971m....
...- Very good interview of Richard Koo hosted by Joe Weisenthal. - A short history of the Deficit Wars of 2009-2011. - Bon Appétit....
...Kim Kyung-joong, analyst at Eugene Securities, predicts a further decline to Won828bn this year....
...The results highlight the stern challenge facing Koo Bon-joon, who took over in October as chief executive of the company his family founded, in reviving a business also undermined by falling television...
...Investors are cheered by the fact that Mr Koo is the younger brother of the parent group’s chairman, Koo Bon-moo, and a member of the founding family of South Korea’s fourth-largest chaebol....
...Koo Bon-joon, a member of LG Group’s founding family and the chief executive of trading company LG International, will take over the helm from Nam Yong in early October, although Mr Nam will retain the CEO...
...Bon Appétit....
...Such a ruling would further damage Hyundai’s global image, after its chairman, Chung Mong-koo, was arrested last week on charges of embezzlement and breach of trust....
...Koo Bon-joon, LG Philips LCD’s chief executive, said: “During the fourth quarter, LCD TV panel demand was strong as consumers are rapidly recognising LCD technology as ‘the’ flat TV technology of choice....
International Edition