A high-profile collapse at an apartment complex under construction in Incheon by GS Engineering & Construction (E&C) comes as a blessing in disguise for its heir apparent, as its tainted corporate value helped the company chairman give 2 million shares to his son while paying a reduced gift tax, according to industry officials, Thursday.
A high-profile collapse at an apartment complex under construction in Incheon by GS Engineering & Construction (E&C) comes as a blessing in disguise for its heir apparent, as its tainted corporate value helped the company chairman give 2 million shares to his son while paying a reduced gift tax, according to industry officials, Thursday.
The Federation of Korean Industries (FKI), Korea s largest private economic organization, announced plans to establish a hall of fame dedicated to Korea s leading businessmen, and a special exhibition space highlighting industries that have served as the basis for economic development, during a regular general meeting, Thursday.
Kim Byong-joon, who led the election campaign committee for then-presidential candidate Yoon Suk Yeol, will lead the Federation of Korean Industries (FKI), one of the largest business lobby groups here, as acting chairman, according to the FKI, Friday. The FKI has been seeking a successor for Chairman Huh Chang-soo, who expressed his intention to resign after his term ends on Feb. 23.
Federation of Korean Industries (FKI) Chairman Huh Chang-soo expressed his intention to resign after his term ends next month, according to industry officials, Friday. Huh announced his intention last week while having a meal with the vice chairman of the FKI at a hotel in Seoul. The dinner was attended by Kolon Group Honorary Chairman Lee Woong-yeul and Hanjin Group Chairman Cho Won-tae.