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The Korea Herald

The Boardroom

July 29, 2018
Samsung heir back in control?

[THE INVESTOR] Is Jay back? That was the question on the minds of many who attended Dream Class camp, in its seventh year run by Samsung Electronics in Suwon, Gyeonggi Province. Around 1,600 middle school students on July 27 enrolled in the summer camps opened at six universities across the count...
June 19, 2018
SK chairman’s wife under fire for allegedly abusing chauffeurs

[THE INVESTOR] The wife of SK Group Chairman Chey Tae-won came under fire on June 19 after a news report alleged that she abused and verbally assaulted her former chauffeurs. In an interview with local daily Hankyoreh, the chauffeurs claimed they were subject to frequent mistreatment and tantrums wh...
May 30, 2018
Nexon won’t go to my kids: founder Kim Jung-ju

[THE INVESTOR] Kim Jung-ju, founder of Korea’s largest game developer Nexon, has vowed not to hand over control of the company to his children. “I won’t be passing down Nexon to my kids,” Kim said in a statement on May 29, the day he promised to donate at least 100 billion won (US$92.40 million)...
May 20, 2018
LG Group chairman Koo passes away

[THE INVESTOR] LG Group chairman Koo Bon-moo died on May 20 suffering illnesses for the past year. He was 73 years old. "The funeral will be held privately at an undisclosed location as requested by his family, and the details of the funeral will not be made public," the conglomerate said in a state...
May 16, 2018
Women make up 3% of execs at top conglomerates

[THE INVESTOR] The number of female executives at Korea’s top 30 conglomerates came to 3.1 percent of the total last year, a market tracker said on May 16.　Among 8,835 executives of 268 affiliates belonging to the business groups, known as chaebol here, that submitted business reports last year, o...
May 10, 2018
Korean Air chief quits top post at Jin Air

[THE INVESTOR] Korean Air Chairman Cho Yang-ho on May 10 quit the top post in budget airliner Jin Air amid ongoing investigations into his family over a series of allegations of physical and verbal violence as well as tax evasion and smuggling.Jin Air made the announcement in a regulatory filing wi...
May 05, 2018
Prosecution rejects warrant for Korean Air's Cho Hyun-min, employees take to the streets

[THE INVESTOR] The prosecution on May 4 rejected a warrant issued by the police for the arrest of former Korean Air executive Cho Hyun-min who was recently questioned on charges of assault and business obstruction. The prosecution said there is little reason to believe Cho will try to flee or attem...
May 04, 2018
We're arresting Korean Air Cho Hyun-min: police

[THE INVESTOR] The police on May 4 issued an arrest warrant for Cho Hyun-min, former Korean Air executive and daughter of the airliner chairman who allegedly assaulted an ad agency employee. She is also charged with business obstruction. Hyun-min is the younger sister of Hyun-ah, who became notoriou...
May 02, 2018
Netmarble added to FTC watch list

[THE INVESTOR] Three Korean companies including Netmarble Games were included on the antitrust watch list of large-sized industrial groups, the Fair Trade Commission said on May 1. The FTC also signed up Netmarble founder and Chairman Bang Jun-Hyuk as the official owner, noting that he owns a 24.4 p...
May 02, 2018
Korean Air Cho Hyun-min’s Q&A with police

[THE INVESTOR] Cho Hyun-min, former Korean Air executive and daughter of the group’s chairman was questioned on May 1 for charges including business obstruction and assault. Below is a reconstruction of her answers based on a police report. Ex-Korean Air executive Cho Hyun-min-On throwing a glass ...
April 09, 2018
Samsung’s M&A push to gain steam with heir’s return

[THE INVESTOR] Samsung Electronics Vice Chairman Lee Jae-yong is coming back to management possibly this week to resume stalled merger and acquisition talks at the Korean tech giant, according to industry sources on April 9. Samsung’s large-scale M&A deals have been almost put on hold since the hei...
April 08, 2018
Samsung head Lee Kun-hee down 7 notches in global wealth ranking

[THE INVESTOR] Lee Kun-hee, the head of South Korea‘s largest business group Samsung, saw his ranking in the global list of billionaires decrease seven notches over the past five months amid his prolonged hospitalization, an index by an international news agency showed on April 8.According to the B...
April 06, 2018
Samsung’s defense team likely to angle for delayed SC trial

[THE INVESTOR] The defense team of Samsung Electronics heir and Vice Chairman Lee Jae-yong is likely to try and push back his Supreme Court trial as much as possible so that the prosecution loses steam and public interest wanes, according to industry sources on April 6. “Lee’s attorneys will do ev...
April 03, 2018
Mirae Asset’s Park Hyeon-joo donates dividends for 8th straight year

[THE INVESTOR] Mirae Asset Financial Group Chairman Park Hyeon-joo has once again donated his annual dividends to charity, the company said on April 2. Shareholders agreed on dividends of 1.6 billion won (US$1.5 million) for Park for the fiscal year 2017. The chairman will be donating the entire am...
April 01, 2018
Steel giant Posco eyes biopharma

[THE INVESTOR] To drive another successful 50 years, South Korean steel giant Posco will seek new business opportunities in nonsteel sectors by investing in emerging technologies like lithium and biopharma, its chief said.At a meeting with Korean reporters Saturday on the occasion of the steel giant...

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Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
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