The Korea Fair Trade Commission is reviewing whether to sanction Taekwang Group for allegedly providing unfair business advantages to companies owned by the owner family, with a decision pending after the group's response.
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https://en.infomaxai.com/news/articleView.html?idxno=99954

South Korea's Fair Trade Commission is considering sanctions against Taekwang Group over allegations of unfair internal transactions benefiting the owner family, with fines under review following claims of improper support to affiliates owned by relatives of former Chairman Lee Ho-jin.
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https://en.infomaxai.com/news/articleView.html?idxno=99948

Taekwang Group has appointed new CEOs at Heungkuk Fire & Marine Insurance and Heungkuk Life Insurance, aiming to strengthen competitiveness amid intensifying industry challenges.
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https://en.infomaxai.com/news/articleView.html?idxno=96177

Taekwang Group will acquire a 63% stake in Aekyung Industrial for 470 billion won ($345 million), marking a major move into South Korea’s K-beauty sector.
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https://en.infomaxai.com/news/articleView.html?idxno=86364

South Korea's Fair Trade Commission reports that major conglomerates like Taekwang and KG have voluntarily resolved circular and cross shareholdings, while affiliate shareholding ratios rose to 55.9% amid large M&A activity; internal ownership structures continue to evolve as regulatory scrutiny increases.
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#KFTC #CircularShareholding #TaekwangGroup #MA #AffiliateOwnership
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https://en.infomaxai.com/news/articleView.html?idxno=81042