mlnfx
Newbie
- Messages
- 4
- Likes
- 0
"South Korea's new #antitrust chief said he has been in talks with the autos-to-steel conglomerate #Hyundai Motor Group about overhauling its complex ownership structure, which critics say gives too much power to its controlling family at the expense of shareholders.
Kim Sang-jo, appointed to head the #Korea Fair Trade Commission by President Moon Jae-in, told Reuters that Hyundai's web of cross shareholdings among its group affiliates has resulted in a ""big governance risk"" for South Korea's second-largest conglomerate, which is run by its 79-year-old chief, Chung Mong-koo. For details click here [Link Removed]
Kim Sang-jo, appointed to head the #Korea Fair Trade Commission by President Moon Jae-in, told Reuters that Hyundai's web of cross shareholdings among its group affiliates has resulted in a ""big governance risk"" for South Korea's second-largest conglomerate, which is run by its 79-year-old chief, Chung Mong-koo. For details click here [Link Removed]
Last edited by a moderator: