SEOUL, May 21 (Korea Bizwire) – LG Group Chairman Koo Bon-moo, who led South Korea’s fourth-largest conglomerate, has died in Seoul, the company said Sunday. He was 73. An official from LG Group said Koo died peacefully while his family was watching. Koo had several brain surgeries earlier this year, and was recently hospitalized when [...]
SEOUL, Nov. 9 (Korea Bizwire) – LG Corp., the holding firm of South Korea’s family-controlled conglomerate LG Group, said Thursday it has decided to purchase a 24.7 percent stake in a trading unit to renovate its governing structure. Under the plan, LG will purchase privately-owned shares of LG International Corp. from major shareholders, including LG Group Chairman Koo Bon-moo. The deal is estimated at 296.7 billion won (US$265 million), with the price per share standing at [...]
SEOUL, Oct. 17 (Korea Bizwire) – LG Group Chairman Koo Bon-moo on Tuesday donated 100 million won (US$88,355) to the family of a soldier who was recently killed in an accident while performing his military duty, the conglomerate said. Last month, a 22-year-old soldier surnamed Lee was hit in the head by a stray bullet [...]
![[Quote] LG Concentrates on Chinese Local Market](http://koreabizwire.com/wp/wp-content/uploads/2014/09/제목-없음11.png "[Quote] LG Concentrates on Chinese Local Market")
“China is the strategic market for us to grow with. I hope LG could put forth its utmost efforts to come up with products responding to the needs of Chinese customers.” “LG plans to focus on the strategy to target the Chinese domestic market.” Koo Bon-moo, chairman of LG Group SEOUL, Sep. 3 (Korea [...]