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Dongwon Group heir promoted to chair

Dongwon Group Vice Chairman Kim Nam-jung, second son of the group's founder and honorary chairman Kim Jae-chul, was promoted to chairman at the group's board meeting held Thursday. Kim’s promotion fills the position which had been vacant for five years since the retirement of the honorary chairman in 2019. "We will inherit the achievements and management philosophy of honorary chairman Kim Jae-ch.

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ESG Concerns Arise as Over Half of Korean Fashion Companies Face Vulnerabilities

ESG Concerns Arise as Over Half of Korean Fashion Companies Face Vulnerabilities
koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.

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Harim, Dongwon compete to acquire HMM

The aquisition of HMM, Korea s representative global shipping and logistics company, has become a two-way race between Dongwon Group and Harim Group, with the two joining the main bid that ended Thursday, according to Korea Development Bank (KDB) and inventment banking sources Friday.

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HMM sale to face hurdles amid slowdown in shipping industry | Hellenic Shipping News Worldwide

HMM sale to face hurdles amid slowdown in shipping industry | Hellenic Shipping News Worldwide
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HMM sale to face hurdles amid slowdown in shipping industry

The sale of South Korea's No. 1 container shipper HMM, which is anticipated to be one of Korea's largest mergers and acquisitions transactions for the second half of 2023, is expected to hit a snag amid a slowdown in the shipping industry, according to industry sources on Sunday. In July, Seoul-based investment bank Samsung Securities, which is supervising the sale of HMM, formerly known as Hyundai Merchant.

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