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Sungkyunkwan University Textile Engineering,
US$95M ▲ US$3.1M
Oh Sei-young was born in Donghae, Gangwon Province, as an only son of a ship owner. He graduated from Sungkyunkwan University with a textile engineering major and joined Kolon in 1987 where he was in charge of Vietnam at its trade division.
In 1990, he founded Vietnam Turbo Trading, a used car dealership but went bankrupt when the Vietnamese government decided to halt imports in 1995. While traveling the region, he saw an opportunity in a used car market in Vientiane, Laos, and in 1997, established Kolao Developing, dealing in used cars.
The company has expanded into logistics, construction and finance sectors in the Southeast Asian country.