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Sale of 3 midsized shipbuilders in final stage
...s -- Hanjin Heavy Industries & Construction Co., STX Offshore & Shipbuilding Co. and Daesun Shipbuil...il Steel promised to keep up the shipbuilding business and hire all employees of the shipbuilder, Ex...
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STX Corp. signs coal trading deal with Russia's Mechel
STX Corp., a South Korean general trading firm, said Monday it has signed a deal with Russian minin...me in 2014 in line with the demise of its parent STX Group. The Chinese private equity fund AFC boug...
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STX's investment deal
STX Corp. CEO Park Sang-jun (right) shakes hands with KA Group chairman Abdulghani during a signing...n Friday. KA Group, as the strategic partner of STX, has been supporting local business in the Midd...
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SK Group affiliates sweep list of top salary payers
SK Group affiliates dominated the list of top-paying companies last year, especially its chemical u... top 500 companies by sales who had submitted business reports in 2017. Results showed the biggest p...
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More documents found in Cheong Wa Dae could revive old scandals
...d Tower in southern Seoul by retail giant Lotte Group, and include information on dealings involving...on about the former Navy chief pressuring the business group in 2008 to offer 770 million won ($687,...
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36 conglomerates to face debt assessment
... Bank and NongHyup Bank. Among them, Woori Bank was the creditor of 13 groups, including Samsung Group, LG Group and CJ Group -- three of five of the largest business groups in Korea. KEB Hana Bank extended loans to five g...
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Top court confirms four-year term for ex-Navy chief for bribery
...ons from 2008 to 2010, was indicted in March 2015 for pressuring two affiliates of the now-defunct STX Group in 2008 into offering 770 million won ($671,726) to his son's yacht firm in return for business favors. Jung Ok-keun, chief of Naval Operations from 2008 to 2010, arrives at the Seoul Centra...
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SM Group chief eyes more takeovers
SM Group will acquire more companies, including overseas shippers, to beef up its status in the sec...cluding TK Chemical and Namsun Aluminum. The business mogul expressed confidence that SM Line's sal...
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STX Shipbuilding ordered to compensate shareholders for accounting fraud
... 290 plaintiffs who sued the shipbuilder, former STX Group Chairman Kang Duk-soo and the accounting ...om 2003 to 2014, created and announced forged business reports and financial statements. "The plain...
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[Superrich] From poultry farmers to conglomerate chiefs
When poultry farming was a promising business in the mid-1970s, there were two high school students... was undergoing legal management in 2013. Harim Group took over STX Group’s core subsidiary Pan Ocea...
