Korea Times Finance Reporter
Hello, I am Jun Ji-hye, a reporter at The Korea Times. I primarily cover financial authorities and write articles on a wide range of topics related to finance and capital markets. If you have any information to share, feel free to email me at jjh@koreatimes.co.kr, and I will review it carefully. I am committed to always doing my best to communicate with readers through high-quality articles.
The National Assembly audit this year is once again expected to overlook the virtual asset market, similar to last year, as no witnesses in the field have been selected.
Both Korea Zinc and an alliance between private equity firm MBK Partners and Young Poong are making last-ditch efforts in their escalating battle to secure management rights over the world’s largest zinc smelter.
Bank of Korea (BOK) Gov. Rhee Chang-yong said selecting college first-year students based solely on grades is not the fairest approach to college admissions.
Insurance companies are facing growing calls to develop products aimed at mental health care, as the number of people with mental health problems, such as depression and anxiety disorders, continues to rise.
Stocks included in the Korea Value-up Index, part of the government-led Corporate Value-up Program, have risen by an average of 3 percent since the index was launched last week, the Korea Exchange said Sunday, noting that 80 out of the 100 stocks have shown an increase.
Private equity firm MBK Partners slammed Korea Zinc and its Chairman Choi Yoon-beom for distributing a press release to reporters that “seriously distorted” the Wall Street Journal’s (WSJ) news article about the ongoing disputes over the management rights of the world’s largest zinc smelter.
Attention is focused on whether IMM Private Equity, which holds the management rights for Hanssem, a Korean home appliances and furniture company, can restore it to a leading position in the industry. After Hanssem relinquished its top spot to Hyundai Livart for the first time ever in the first quarter of this year, IMM took the drastic step of selling Hanssem’s company building instead of opting for an exit.
Private equity firm MBK Partners, which formed a coalition with Young Poong in a fierce battle over Korea Zinc’s management rights, raised the tender offer price for the world’s largest zinc smelter to 750,000 won ($580) per share from the 660,000 won, MBK said Thursday.
Kim Kyeong-a, originally from Vietnam, has built a successful career in Korea as an insurance agent after marrying a Korean and becoming a naturalized Korean citizen in 2013.
Korea Zinc's corporate governance has been severely undermined under the leadership of Chairman Choi Yoon-beom, private equity firm MBK Partners said Wednesday, alleging Choi sought to privately exploit and take control of the world's largest zinc smelter rather than prioritizing shareholders' interests.