sibling

Food & Beverage Hanwha seeks acquisition of sibling feud-mired Korean catering firm Ourhome

South Korea’s Hanwha Group is seeking to acquire local catering service provider Ourhome, embroiled in the owner family's sibling disputes, fo...

Automobiles Hyundai's accumulated production hits 100 mn unit milestone

Hyundai Motor has achieved the 100 million-unit milestone for its accumulated production 57 years after its inception, led by the Avante compact sed...

Mergers & Acquisitions Doosan Bobcat to buy ex-sibling Mottrol for $178.6 million

Doosan Bobcat Inc., a major compact construction machinery and equipment maker under South Korean conglomerate Doosan Group, will buy back its forme...

Leadership & Management Korean catering firm Ourhome CEO to leave amid sibling feud

South Korea’s catering service provider Ourhome Ltd. Chief Executive and Vice Chairwoman Koo Ji-eun has failed in her attempt to serve another...

Leadership & Management Korean catering firm Ourhome again engulfed in sibling feud

South Korea’s catering service provider Ourhome Ltd. faced another sibling dispute as its Chief Executive and Vice Chairwoman Koo Ji-eun faile...

Energy HD Hyundai Oilbank to advance into N.American lubricants market

HD Hyundai Oilbank Co., South Korean shipbuilding and machinery conglomerate HD Hyundai Co.'s oil refining unit, will venture into the North America...

Leadership & Management MBK raises Hankook bid price, asks FSS to probe Cho's stock purchase

The sibling rivalry for control of Hankook & Company Co., the holding firm of South Korea’s largest tire maker Hankook Tire & Techno...

Corporate bonds Hyosung Advanced Materials’ credit outlook lowered to Stable

The credit rating outlook on Hyosung Advanced Materials Corp. has been lowered one notch to Stable by South Korea’s two major credit rating ag...

Leadership & Management Sibling rivalry for Hankook Tire control takes new turn as MBK steps in

The sibling rivalry for management control of Hankook Tire & Technology Co., South Korea’s top tire maker, has taken another turn as the e...

Regulations SGC Group slapped with over $7.7 mn fine for unfair internal trade

The Fair Trade Commission (FTC) has imposed a fine of more than 10 billion won ($7.7 million) on SGC Group companies for unfair internal transaction...

Corporate governance Hyosung’s sibling feud continues with second son in court on trial

It all began in July 2014 when Cho Hyun-joon, currently the Hyosung Group chairman, was sued by his younger brother Cho Hyun-moon on charges of embe...

Automobiles Hyundai, Kia’s brisk April sales bode well for stellar Q2

The second-quarter earnings outlook for South Korea’s biggest automaker Hyundai Motor Co. and its sister company Kia Corp. looks rosy as eased...

Leadership & Management Catering firm Ourhome CEO wins 1st round in sibling feud

South Korea’s catering firm Ourhome Ltd. has wrapped up the first round of its sibling dispute after its shareholders on Tuesday voted in favo...