[THE INVESTOR] South Korean pharmaceutical firm Celltrion ’s chairman Suh Jeong-jin has kicked off plans to build a large-scale theme park in Incheon’s Yeongjong-do, according to an exclusive news report here. The park would be a personal project, with a handful of investors taking part, according to Incheon Free Economic Zone authorities and the Incheon Development & Tourism Corp. “A group of investors including Suh has already invested around 1 billion won (US$86,930) to initiate the plan. The

[THE INVESTOR] Now that an arrest warrant has been issued for Lotte Foundation chief Shin Young-ja -- the first Lotte founding family member to face imprisonment in the firm’s latest embezzlement scandal -- all eyes are on the women of Lotte Group who have so far stayed behind the scenes. In addition to Young-ja, there are her daughters including Jang Sun-yoon, senior vice president of Hotel Lotte, and also Lotte founder Shin Kyuk-ho’s third wife Seo Mi-kyung and her daughter Shin Yu-mi who are

[THE INVESTOR] Embattled Lotte Foundation chief Shin Young-ja and her children are expected to face public scrutiny over some 4 billion won (US$3.47 million) worth of corporate funds they are suspected to have embezzled.  Shin is elder sister of Lotte Group chairman Shin Dong-bin.And the bigger issue is that Shin funneled most of the money to her kids to be used as their personal allowances. Lotte Foundation chief Shin Young-ja /The Investor(Park Hyon-koo)Through a small company formed by Young-

[THE INVESTOR] Hyundai Heavy Industries’ heir and executives are to discuss widening their business opportunities in Saudi Arabia on July 1 when they meet Aramco executives and Saudi Arabian Energy Minister Khalid Al-Falih.Al-Falih, who was previously head of the Middle East country’s largest state-refiner, Aramco, will stop by South Korea later July 1 following a G20 energy ministers’ meeting in China. The minister will be joined by Aramco executives who will meet with Hyundai Heavy chairman Ch

[THE INVESTOR] Sejung Group chairman Park Soon-ho’s daughter Park I-ra, 38, has been promoted to chief operating officer and executive vice president at her father’s fashion empire.According to the group on July 1, the junior Park will also serve as head of the group’s apparel distributor Sejung & Future.Established in 1974, Sejung has a stronghold in women’s apparel and is one of the leading second-tier clothing firms in the country.Sejung Group COO Park I-raPark, the chairman’s third daughter,