SK Group said Monday that it was opening the birthplace of its founder Chey Jong-gun and the second-generation Chairman Chey Jong-hyun to the public in celebration of its 71st anniversary. The "Ancient Residence of SK," located on a 1,111 square-meter site in Suwon, Gyeonggi Province, has been refurbished as a memorial hall exploring the history of South Korea’s economic growth and entrepreneurship. T.
Chey Tae-won, chairman of SK Group, marked his 25th anniversary as chief on Sept. 1. The chairman has led the group from being the fifth-largest conglomerate to the second-largest conglomerate. He has emphasized the need for deep change to ensure the group s continued growth, according to industry officials, Friday.
More than a dozen of second- or third-generation scions of Korean family-owned conglomerates have been indicted on charges of habitually using and selling marijuana, prosecutors said Thursday.
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