SEOUL, Nov. 5 (Korea Bizwire) — Two consortia led by cosmetics-to-airline conglomerate Aekyung Group and construction firm Hyundai Development Co. (HDC) will be major competitors in the final auction for a stake in Asiana Airlines Inc., industry sources said Tuesday. A 31 percent stake in Asiana Airlines has been up for sale, and lead manager [...]
SEOUL, Oct. 21 (Korea Bizwire) — Aekyung Group, a South Korean cosmetics-to-airline conglomerate, said Monday it has formed a consortium with a local private equity fund (PEF) to submit a final bid for Asiana Airlines Inc. Aekyung and Stone Bridge Capital have joined hands to participate in the auction to acquire a controlling 31 percent [...]
SEOUL, Sept. 3 (Korea Bizwire) — Aekyung, a South Korean activist fund and a consortium led by a local brokerage firm submitted initial bids to acquire Asiana Airlines Inc., South Korea’s second largest full-service carrier, industry sources said Tuesday. Kumho Asiana Group, the airline’s parent, and its lead manager for the sale, Credit Suisse, received [...]
SEOUL, March 22 (Korea Bizwire) – Aekyung Industrial Co., a South Korean household goods and cosmetics maker, debuted on the Seoul bourse Thursday, trading above its initial public offering (IPO) price. Shares of Aekyung Industrial were trading at 30,950 won (US$29) as of 11:20 a.m., slightly above the IPO price of 29,100 won. Its market capitalization was 811 billion won. The company said it aims to [...]
SEOUL, May 2 (Korea Bizwire) — The Korean government announced that it will re-examine potential health damages to the respiratory system and other organs from humidifier disinfectants. The Ministry of Environment’s Humidifier Disinfectant Investigations Committee revealed that it will study the possibility of rhinitis, bronchitis, and other potential non-pulmonary damages resulting from humidifier disinfectants, and [...]
SEOUL, July 10 (Korea Bizwire) – Employees in emotional labor sectors like big-box retailers or department stores are critically exposed to human rights abuses such as rude talks, abusive words and blatant ignorance by the customers, according to a local survey. Meanwhile, the employers in the sectors tend to add much insult to the injury [...]
![[Kobiz Feature] Companies Getting Serious about Book Reading among Their Employees](http://koreabizwire.com/wp/wp-content/uploads/2013/11/2539452694_a409178fb3_z.jpg "[Kobiz Feature] Companies Getting Serious about Book Reading among Their Employees")
SEOUL, Korea, Nov 14 (Korea Bizwire) – Books allow readers to live someone else’s life and thereby broaden their minds. Even Socrates said 25 centuries ago, “Employ your time in improving yourself by other men’s writings, so that you shall gain easily what others have labored hard for.” But today the number of people who read regularly [...]