The Korea Herald

3 Korean brokerages buy Novo Nordisk’s US HQ building

Jun 29, 2016

[THE INVESTOR] Three Korean securities firms have decided to jointly acquire a pharmaceutical company’s headquarters building in the US for 350 billion won (US$301 million) as a part of their real estate investment, sources said on June 29.Mirae Asset Daewoo, Hana Financial Investment and HMC Investment & Securities will buy the building used by Novo Nordisk, Danish pharmaceutical company, which signed a 15-year lease on the property in 2011. Located in New Jersey, the 68,000 square-meter buildi
NACF chief to be grilled over alleged illegal campaigning

Jun 29, 2016

[THE INVESTOR] National Agricultural Cooperative Federation chairman Kim Byeong-won is to be questioned by the prosecution for alleged wrongdoing in the election process on June 30. The NACF is Korea’s largest agroindustry body that counts NongHyup Financial Group among its affiliates. Its chairman is elected among chiefs of regional branches who run for office. Kim was elected as the chairman of NACF in January, and it has since emerged that he may have been involved in illegal campaign activit