Daum spinoff

Leadership & Management HD Hyundai’s ascent driven by visionary spinoff push

Many cast doubts on HD Hyundai Group’s decision to separate its ship maintenance, repair and overhaul (MRO) service in 2016. The move, however...

Retail Hypermarket chain E-Mart posts first annual loss in 2023

South Korea’s top supermarket chain E-Mart Inc. announced on Thursday that it provisionally recorded a consolidated operating loss of 46.9 bil...

Batteries Korea's electric battery maker SK On predicts 'tangible results' from 2024

"Despite many difficulties early on, we can see tangible results from next year if we overcome such challenges.”Chey Jae-won, CEO and executiv...

Shareholder activism S.Korea’s KT&G engulfed in lawsuit against activist funds

The world’s fifth-largest tobacco maker KT&G’s battle against activist investors intensified as a group of funds sued the South Kore...

Shareholder activism KT&G refuses activist funds' call for ginseng biz spinoff

KT&G Corp., the world’s fifth-largest tobacco maker, on Thursday refused activist funds' requests to spin off and list its ginseng unit wh...

Corporate strategy S.Korea's automotive unit Kolon Mobility Group reborn as separate entity

South Korea's Kolon Mobility Group has been launched with Lee Kyu-ho, the great grandson of the Kolon Group founder Lee Won-man, as co-CEO. Formerly...

Korean chipmakers Chip foundry DB HiTek pulls the plug on fabless division spinoff plan

DB HiTek Co. has pulled the plug on the possible spinoff of its fabless division, named the brand business department. The decision comes on the bac...

Corporate restructuring Hanwha Solutions seeks spinoffs of Galleria, advanced materials divisions

Hanwha Solutions Corp., the energy and petrochemical arm of the Hanwha Group, is revving up for wide-ranging corporate restructuring to strengthen i...

Tech, Media & Telecom South Korea’s tech giants bolster short-form video content services

South Korea’s tech behemoth Naver Corp. is poised to strengthen its short-form content service on surging demand for video content that is les...

Corporate governance Public firms face tighter regulations on spinoffs and double listings

The Financial Services Commission (FSC) and the Korea Exchange (KRX) jointly announced a revision to their corporate governance report guidelines on...