[News Space=Reporter seungwon lee] An absurd incident occurred where Hanwha Life Insurance did not allow shareholders to enter the shareholders’ meeting, creating a situation similar to ‘martial law.’ It is pointed out that this is a clear violation of shareholder rights by preventing shareholders from attending the meeting where the company’s major management matters were explained and approved. At the shareholders’ meeting held on the second floor of the main building of Hanwha Financial Center 63 in Yeouido, Seoul on March 20, shareholders who appeared to be company employees were seated in
[News Space=Reporter seungwon lee] Hyosung Group Chairman Cho Hyun-joon and HS Hyosung Group Vice Chairman Cho Hyun-sang received the highest compensation among domestic conglomerate heads, regardless of the company’s performance and stock price. The combined compensation of the two brothers’ salaries and bonuses amounts to a whopping 40 billion won. This is in stark contrast to Samsung Electronics Chairman Lee Jae-yong, who has been managing the company without compensation since 2017 in order to save it, which is going through a difficult time due to worsening performance. Vice Chairman Cho
[News Space=Reporter seungwon lee] On the 21st, the day after defense company Hanwha Aerospace announced a plan to increase capital by 3.6 trillion won, the stock prices of Hanwha Group companies, including Hanwha Aerospace, Hanwha, Hanwha Systems, Hanwha Solutions, and Hanwha Ocean, all fell. Issuing new shares of its own stocks can be an easy way for companies to raise capital. However, existing shareholders inevitably suffer losses due to dilution of their stakes. The indiscriminate and unilateral capital increases used by unprofitable bio companies and some companies facing financial crise
[News Space=Reporter seungwon lee] As the stock price of HS Hyosung, which was separated from Hyosung Group, fell by about 70% compared to its initial price, it was confirmed that Vice Chairman Cho Hyun-sang, who leads HS Hyosung, received the highest compensation among domestic business leaders last year. He confidently surpassed business leaders CJ Lee Jae-hyun, Lotte Shin Dong-bin, HanWha Kim Seung-yeon, and Hyundai Motors Chung Eui-sun. Vice Chairman Cho received a total of 32.3 billion won from HS Hyosung and Hyosung last year. In addition to the salary and bonuses he received from Hyosun
[News Space=Reporter seungwon lee] There are many people in Korea and around the world who respect Yi Sun-sin, but perhaps no one loves Yi Sun-sin as much as this person. This is Chairman Yoon Dong-han of Korea Kolmar, a cosmetics manufacturing, development and production company. Chairman Yoon is a conscious businessman who uses his personal wealth to spread the word about Yi Sun-sin’s leadership and achievements and practices his love for his country and historical awareness. He established the ‘Seoul Yeohae Foundation’ named after General Yi Sun-sin, and signed a business agreement with Dae