[K-Biz brief] Lotte Shin Dong-ju demanded Shin Dong-bin be dismissed again (June 12)

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▲ Lotte Group = [Exclusive] Shin Dong-ju demanded that Shin Dong-bin be dismissed from the baseball team in Japan

SDJ Corporation chairman Shin Dong-joo asked for the dismissal of Lotte chairman Shin Dong-bin again. This time, it is the manager of Japan's professional baseball team Chiba Lotte Marines position. The brothers' conflict broke out of the general shareholders' meeting and went out to the market. This is the seventh time that Chairman Shin Dong-ju will issue the dismissal of President Dong-bin Shin.

 

▲ Hyundai Motor Company = S&P "Korea's hydrogen ambition, will make Hyundai Motor top gear"

It has been analyzed that the Korean government's policy to expand hydrogen energy will help Hyundai grow into the world's best automaker. "The Korean government's ambition to utilize hydrogen as a vehicle fuel is gaining support from automakers like Hyundai," said international credit rating agency Standard & Poor's (S&P). "The impact of Hyundai Motor seems to be stronger."

 

▲ Hyundai, Daewoo, Samsung = Qatar, LNG expansion plan re-confirmation

Qatar has reaffirmed its plans to increase LNG. Earlier, as the international natural gas price fell to the lowest level in the history of Corona 19, the withdrawal of the LNG production plan was raised. This is a refutation of this. Expectations for large Korean shipbuilders to win additional LNG carriers have increased.

 

▲ SK E&S = US STEM and virtual power plant operation contract

SK E&S collaborates with US energy solutions company STEM to apply operational solutions based on artificial intelligence (AI) technology to virtual power plants (VPP). Optimize VPP operations and actively enter the North American renewable energy market.

 

▲ Hyundai Motor Company = Vietnam May sales increased 119% from the previous month

Hyundai Motor Company succeeded in reversing in the Vietnamese market, which was halted by the influence of Corona19. Last month, sales volume rose 119% from the previous month. Hyundai Thanh Cong, a Vietnamese joint venture with Hyundai Motors, sold a total of 4833 vehicles during the month of May. This is an increase of 119% from the previous month, April. Hyundai Thanh Cong sold 2,206 units in April in the fashion of Corona 19.

 

▲ Mirae Asset Venture Investment = Participation in the Chinese bio-company JW Therapeutics Series B Funding

Mirae Asset Venture Investment invested in'JW Therapeutics', a Chinese bio company that develops cancer immunotherapy. Mirae Asset Venture Investments, in collaboration with Australian venture capital CPE, led investments in JW Therapeutics Series B worth $100 million.

 

▲ LG Chem = Chairman of Zheng Yong-gang ShanShan Group, which acquired the 'LCD polarizer' business, is a corporate hunter

LG Chem sells the LCD polarizer business to the Chinese material company'ShanShan Gufen'. It is a method of gathering related businesses scattered in China and Taiwan, and then establishing a new company and then transferring the stake. The Chinese company, which will take over this, raises funds by issuing new shares against affiliates. Zheng Yong-gang, chairman of ShanShan, is nicknamed'Qiaowang' (殼王·Kangwang), meaning an excellent corporate hunter.










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