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Shinsegae Group is under mounting pressure to return a 1 trillion won ($727.4 million) investment from two foreign funds as the group s struggling e-commerce arm continues to delay going public amid plummeting revenues, according to industry officials Monday. ....
Major construction firms have replaced their chief executives with financial experts in recent weeks to brace for a prolonged industry downturn, according to industry officials, Sunday. ....
A granddaughter of Shinsegae Group Chairwoman Lee Myung-hee, the youngest daughter of late Samsung Group founder Lee Byung-chull, has drawn attention for recent photos that she took with other trainees of The Black Label, which signaled her forthcoming debut as a K-pop idol, according to industry officials, Tuesday. ....
(Bloomberg) Korean builder Shinsegae Engineering & Construction Co. will raise 200 billion won ($149 million) from the sale of bonds as it seeks to shore up liquidity, just days after a competitor started debt restructuring. Most Read from BloombergYouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining NetflixBlinken’s Return From Davos Was Delayed After Plane Broke DownTrump Moves to Quash Hopes of Congress Ukraine, Border DealTrump Asks Supreme Court to Keep Him on Colorado BallotA ....