Dongwon Group s new chairman is drawing keen attention from industry watchers as to how he will steer the group to further expand its markets from its signature canned tuna and food products to non-food industries such as ship operation, logistics and rechargeable batteries, according to the country s major conglomerate, Friday.
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.
Dongwon Group s new chairman is drawing keen attention from industry watchers as to how he will steer the group to further expand its markets from its signature canned tuna and food products to non-food industries such as ship operation, logistics and rechargeable batteries, according to the country s major conglomerate, Friday.
LX International, Dongwon Industries and the consortium of Harim Holdings and JKL Partners appear to be going all out to secure cash to win in a bid to acquire a controlling stake in HMM, which is estimated to be up to 6 trillion won ($4.5 billion), according to industry officials, Tuesday.