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HYK blocks Hanjin's 'water rage' heiress from joining board koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
Intensifying conflicts before proxy season feeding law firms Posted : 2021-03-09 15:55 By Park Jae-hyuk Multiple chaebol family feuds and shareholder activism that will heat up the general shareholders meetings of several listed companies here later this month appear to be creating ample opportunities for domestic law firms to make handsome profits. In addition to Kim & Chang and other large law firms that have scaled up their teams dealing with corporate law and governance structures to cope with the recent Commercial Act revision, boutique law firms are also going all out to take advantage of intensifying conflicts over the control of several conglomerates. ....
HYK condemns promotion of Hanjin s water rage heiress Posted : 2021-01-21 16:05 Activist fund considers lawsuit against Hanjin Transportation By Park Jae-hyuk HYK Partners, the activist fund that is Hanjin Transportation s second-largest shareholder with a 9.79 percent stake, has publicly condemned the logistics company s recent decision to appoint Hanjin Group heiress Emily Lee Cho as the subsidiary s vice president. The private equity firm (PEF) also disclosed the full text of a shareholder proposal it sent Wednesday to Hanjin Transportation s board of directors. This was the first time for HYK to unveil details about its requests. When the PEF sent its first proposal to the logistics firm last December to call for the reform of its governance structure and an increase in shareholder value, both sides declined to disclose the specifics. ....
Fate of Korean Air s water rage heiress still up in the air Posted : 2020-12-15 09:11 Updated : 2020-12-15 20:01 Hanjin Transportation Chief Marketing Officer Emily Lee Cho, left, poses with company officials at the logistics firm s Jeju branch, Thursday, to celebrate the test operation of hybrid electric parcel delivery vehicles. / Courtesy of Hanjin Transportation Activist fund urges owners to stay out of Hanjin Transportation By Park Jae-hyuk Emily Lee Cho, also known as Cho Hyun-min and the younger sister of Korean Air owner Hanjin Group Chairman Cho Won-tae, is apparently facing a bumpy road in tightening her control over Hanjin Transportation, the group s logistics arm where she works as chief marketing officer (CMO). ....