[News Space=Reporter seungwon lee] Hanwha Group Vice President Kim Dong-sun is once again at the center of controversy over his management ability as he pushes to sell the Korean business rights to the American premium burger brand Five Guys. The business rights were put up for sale despite opening its first store in Gangnam in June 2023 and expanding to 7 stores nationwide (5 in Seoul, 2 in Gyeonggi) in just 2 years, and turning a profit last year with sales of 46.5 billion won and operating profit of 3.4 billion won. The sale target is 100% of FG Korea Inc.'s shares, and it is being discusse
[News Space=Reporter seungwon lee] Although Hanmi Pharmaceutical Group has officially declared a ‘professional management system’ by ending the management dispute that has lasted over a year, the controversy over Hanyang Precision Chairman Shin Dong-kook’s management intervention is once again shaking the group. Chairman Shin owns a 23.38% stake in Hanmi Science, the holding company of Hanmi Pharmaceutical, and is the largest shareholder, surpassing the founding family, and is deeply involved in the group as a whole. In particular, as Chairman Shin expands his influence beyond the headquarters
[News Space=Reporter seungwon lee] "I tried it with my dad's card, so it's okay if it fails." "I envy conglomerates because they can try and if it doesn't work out, they can just fold. For small business owners, if they fail, it's over." "Kim Dong-seon, could you have done anything without Dad's card?" "If you fail, the group will cover for you, so isn't it a sense of privilege rather than an experimental spirit?" "From the consumer's perspective, it was a boring experiment. What's the point of just having a cheap price? The taste and service were both average." "Even if a robot makes udon, if
[News Space=Reporter seungwon lee] The special prosecutor's team (Special Prosecutor Min Joong-ki) has begun its full-scale investigation into the so-called 'Butler Gate' surrounding former President Yoon Seok-yeol's wife Kim Kun-hee. The key point is that IMS Mobility (formerly Bimaica), which was founded by Mr. Kim (48), who was called the 'butler' of the Kim family, attracted a total of 18.4 billion won in investment from Kakao Mobility, HS Hyosung, and Korea Securities Finance, despite being in a state of capital impairment in 2023. The special prosecutors confirmed that Mr. Kim left for V
[News Space=Reporter seungwon lee] Daemyung Sono Group, which was pushing for a company name change after acquiring T'way Air, is facing an unexpected 'cybersquatting' incident. As it was revealed that the major domains related to the new company name 'Sono Air' and 'Sono Airlines' applied for by the group have already been monopolized by third parties, the poor prior preparation during the corporate merger and acquisition (M&A) process has come under fire. Major domains, one after another, immediately after the announcement of acquisition 'sonoair.com' was first registered by a Chinese do