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Construction site collapse comes as blessing in disguise for GS E&C heir

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. ....

South Korea , Inch On Gwangyoksi , Huh Chang Soo , Huh Yoon Hong , Huh Yoon Hong Yonhap , Financial Supervisory Service , Korea Chamber , Chairman Huh Chang Soo , Financial Supervisory ,

Construction site collapse comes as blessing in disguise for GS E&C heir

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. ....

Inch On Gwangyoksi , South Korea , Huh Chang Soo , Huh Yoon Hong Yonhap , Huh Yoon Hong , Korea Chamber , Financial Supervisory Service , Chairman Huh Chang Soo , Financial Supervisory ,

FKI to establish hall of fame for businesspeople

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. ....

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Yoon's former chief election campaigner to lead FKI

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. ....

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FKI chairman voices intention to step down next month

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. ....

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