The top executives of Samsung Group's major affiliates such as Samsung Electronics, Samsung life, and Samsung C&T would likely remain in post for the time being.
According to industry sources on March 12, the three Samsung affiliates, which emerged as the group's new troika after the group dismantled its future strategy office, the nerve center of operations for the sprawling conglomerate, will simultaneously host general shareholders meeting on March 24.
Among key agendas Samsung Life set for its general shareholders meeting are the extension of tenure for its CEO Kim Chang-soo, and the appointment of Choi Shin-hyung, vice president of CPC Strategy, as a new corporate director. The two issues are expected to pass smoothly during the meeting.
Samsung C&T will also discuss and vote on whether to reappoint Jang Dal-joong and Kwon Jae-chul as corporate directors during its general shareholders meeting.
Mirae Asset Global Investments Co. Ltd. invested 54 billion won ($48 million) last week in mezzanine debt secured on two warehouses leased to FedEx Corporation on behalf of South Korean institutional investors, in its second investment in the logistics facilities&hellip
Hana Financial Group, the parent company of KEB Hana Bank, will acquire a shopping center building and its surrounding land in a small Japanese city in a deal worth around 50 billion won ($44 million), with a view to reselling&hellip
KEB Hana Bank, a leading South Korean lender, has arranged $300 million lease financing for an aircraft portfolio of Avolon, in the first financing arrangement by a South Korean bank for the Irish aircraft leasing firm, according to local newspaper reports.&hellip