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Private equity company Hahn & Co has taken over the boardroom of Namyang Dairy Products to put an end to 60-year family ownership of the dairy firm. During the regular shareholders meeting held at Namyang’s headquarters in southern Seoul on Friday, officials from Hahn & Co were appointed as inside directors, while Lee Myung-Chul, chair of Institut Pasteur Korea, was appointed as an outside director. Pre.
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
Rep. Noh Woong-rae of the main opposition Democratic Party of Korea (DPK) seeks to summon CEO David Song of SCK Company, which was formerly Starbucks Coffee Korea, and Kurly CEO Sophie Kim to the National Assembly audit next month as witnesses for the Environment & Labor Committee, the lawmaker s office said, Wednesday. Once the committee members agree to summon them, Song will be questioned about a carcinogen detected in the coffee shop chain s giveaway picnic bags, while Kim will be asked to answer allegations that her company blacklisted some temporary workers at its logistics centers in order to fire them.