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Lotte Founder Loses Last Remaining Board Seat from Affiliate

Lotte Founder Loses Last Remaining Board Seat from Affiliate

SEOUL, Aug. 9 (Korea Bizwire) – The founder of South Korean retail giant Lotte lost his last remaining board member seat at the affiliate of the conglomerate, effectively leaving the management scene, the business group said Wednesday. The board of directors of Lotte Aluminum Co., a packaging material firm, decided not to extend the term [...]