The country s top 10 richest female shareholders in terms of dividend income reported a nearly nine-fold increase in their dividend incomes compared with 10 years ago, data showed, Tuesday.
LG Group dismissed the claims of Chairman Koo Kwang-mo’s mother and two sisters in a recent New York Times interview as groundless, expressing uncomfortable feelings toward the lawsuit the three women filed in February railing against the inheritance of late Chairman Koo Bon-moo’s shares by his adopted son.
Koo Yeon-kyung, left, the eldest daughter of the LG chairman who died in 2018, with her mother, Kim Young-shik, and sister, Koo Yeon-sue, right.Credit.Chang…
Uncertainties are weighing on Korea s top conglomerates - Samsung, SK and LG - as their owners have all become entangled in legal problems, which industry officials and experts say could hamper the future plans and major decisions of the respective groups, citing the U.S.-China power tussle, Russia-Ukraine war and pandemic-driven supply chain issues.
Koo Kwang-mo, chairman of LG Group, Korea s fourth-largest conglomerate, has been embroiled in an inheritance dispute over the ownership of late Chairman Koo Bon-moo s shares.Industry experts said Monday that the dispute erupted even though LG has traditionally handed over power to the chairman s eldest son.