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.
The Military Mutual Aid Association, the Employment Insurance Fund and an unidentified South Korean institutional investor have committed a total of $110 million to LaSalle Investment Management’s 804 million-pound ($1 billion) debt fund focusing on the UK and western Europe.&hellip
Private equity firm KKR & Co. and the Public Officials Benefit Association (POBA) have put two commercial buildings in South Korea up for sale separately, in transactions expected to fetch a combined $1 billion and in what would be KKR’s&hellip
The Public Officials Benefit Association (POBA) will select two to three US private debt fund houses to make senior secured, direct lending of around $150 million to US mid-market companies with sales of $50 million to $1 billion. The amount&hellip