Lotte Chairman Shin Dongbin
Scope
Date
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Hydrogen economy
SK, Lotte to set up hydrogen JV within 2021
South Korea’s major conglomerates SK Group and Lotte Group have joined hands to strengthen their foothold in the fast-growing hydrogen sector....
May 31, 2021 (Gmt+09:00)
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IPOs
Lotte Rental kicks off $360 mn IPO process, seeks $1.8 bn valuation
South Korea’s leading rental car company Lotte Rental Co. has kicked off an initial public offering process to raise some 400 billion won ($36...
May 31, 2021 (Gmt+09:00)
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Hydrogen economy
POSCO chairman: Future at stake without co's hydrogen push
Choi Jeong-woo, chairman of POSCO, South Korea’s largest steelmaker, said it’s no exaggeration to say that the company’s future is...
May 27, 2021 (Gmt+09:00)
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Carbon neutrality
Hyundai Motor chairman vows to go carbon neutral, stresses electrification
Chung Euisun, chairman of Hyundai Motor Group, has vowed to go carbon neutral in the group's processes, from automaking to vehicle disposal, in a mo...
May 25, 2021 (Gmt+09:00)
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Hydrogen economy
Lotte Chem in hydrogen deal with Air Liquide, invests $185 mn in materials
South Korea’s Lotte Chemical Corp. is diversifying into electric vehicle raw materials and hydrogen businesses as new growth drivers, moving a...
May 20, 2021 (Gmt+09:00)
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Korean Investors
Military Mutual picks ex-Lotte Non-Life CIO as investment chief
The Military Mutual Aid Association (MMAA), an $11 billion savings fund for South Korean military officers and personnel, said on Monday it has name...
May 17, 2021 (Gmt+09:00)
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Earnings
Kumho Petrochem posts strong Q1, chairman resigns to end family feud
Kumho Petrochemical Co. has again stunned the market by reporting its highest-ever quarterly revenue and profit figures in the first quarter of this...
May 04, 2021 (Gmt+09:00)
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Construction & Planning
Lotte Chem eyes global EOA leadership with capacity expansion
Lotte Chemical Corp. plans to further expand the production line for ethylene oxide adduct (EOA), a specialty material used in the construction indu...
Apr 27, 2021 (Gmt+09:00)
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Business & Politics
Hyundai Motor chairman visits US, seeks business opportunities
Hyundai Motor Group Chairman Chung Euisun is visiting the United States seeking business opportunities in one of the South Korean automotive group&r...
Apr 23, 2021 (Gmt+09:00)
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Korean chipmakers
SK Hynix co-vice chairman hints at expanding foundry business
SK Hynix Inc., the world’s second-largest memory chipmaker, may expand its foundry business as a growing number of industries are suffering fr...
Apr 22, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SK Tel, Shinsegae, Lotte, MBK make the cut in eBay Korea deal
Four out of the five preliminary bidders for eBay Korea, including SK Telecom Co. and MBK Partners, have made the cut in the deal estimated at aroun...
Mar 29, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Lotte buys S.Korea’s top secondhand e-commerce platform
South Korea’s retail giant Lotte is expanding its presence in the e-commerce sector with the acquisition of Joonggonara, the country’s l...
Mar 23, 2021 (Gmt+09:00)
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Bio business
Lotte advances into bio business, to acquire stake in Enzychem
South Korea’s Lotte Group is entering the bio business for the first time in its history by acquiring a significant stake in Enzychem Lifescie...
Mar 23, 2021 (Gmt+09:00)
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Leadership & Management
LS Group chairman touted as new KITA head
The Korea International Trade Association (KITA) is expected to begin the appointment process for its new chair this week. South Korean conglomerate...
Feb 15, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Lotte Chem ready to bid for JSR’s synthetic rubber business
South Korea’s Lotte Chemical Corp. has completed due diligence on the synthetic rubber operation of JSR Corp., put up for sale by the Japanese...
Jan 20, 2021 (Gmt+09:00)
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IPOs
Lotte Rental resumes IPO process; seeks $1.8 bn valuation
South Korea’s leading rental car company Lotte Rental Co. has resumed its initial public offering process, despite having earlier postponed ...
Jan 15, 2021 (Gmt+09:00)
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Rubber business disposal
Japan’s JSR reaches out to Lotte, LG for sale of synthetic rubber business
Japan’s JSR Corp. is reaching out to Korean chemical companies to dispose of its synthetic rubber business and focus instead on semiconductor ...
Jan 06, 2021 (Gmt+09:00)
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Achievements
Hanjin chairman receives honorary gold medal from France
Hanjin Group Chairman Cho Won-tae has been awarded an honorary medal from the French government for the company’s diplomatic contribution, a...
Dec 18, 2020 (Gmt+09:00)
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Executive reshuffles
Hyundai Motor Chairman's inner circle promoted to key leadership
Hyundai Motor Group has carried out a massive reshuffling among its key affiliates, with members of Chairman Chung Euisun's inner circle promoted ...
Dec 16, 2020 (Gmt+09:00)
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IPOs
Lotte Rental shelves share sale plan as IPO market cools
Lotte Group has indefinitely postponed its plan to list Lotte Rental Co., in the latest sign of a cooldown in the local initial public offering market...
Oct 28, 2020 (Gmt+09:00)
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Obituary
Samsung chairman, who led tech giant’s leapfrog to global brand, dies, aged 78
Lee Kun-hee, chairman of the world’s top smartphone and TV manufacturer Samsung Group, passed away on Oct. 25 at the age of 78, the South Kore...
Oct 25, 2020 (Gmt+09:00)
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Leadership change
New Hyundai Motor Chairman Chung Euisun sets sights on future mobility
Chung Euisun, executive vice chairman of Hyundai Motor Co., has assumed the chairmanship of Hyundai Motor Group, officially confirming his ascension t...
Oct 14, 2020 (Gmt+09:00)
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M&As
Lotte Group to invest $258 mn in Doosan Solus to boost footing in EV market
Lotte Group will commit 300 billion won ($257.5 million) to Doosan Solus Co., a battery copper foil and OLED materials maker acquired by SkyLake Inves...
Sep 23, 2020 (Gmt+09:00)
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Debt
Lotte Corp's corporate bond issue raises staggering $665 mn in demand
South Korean conglomerate Lotte Corporation saw overwhelming demand of 790 billion won ($665 million) from institutional investors on the issuing of c...
Aug 26, 2020 (Gmt+09:00)
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Debt
Lotte Corp to include ESG bonds in $126.5 mn corporate bond offering in September
Lotte Corporation is set to become the first South Korean holding company to issue environmental, social, and governance (ESG) bonds, according to inv...
Aug 12, 2020 (Gmt+09:00)
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Real estate
Hana Fin, Hotel Lotte buy Seattle hotel for $175 mn
Hana Financial Investment Co. Ltd. and Hotel Lotte Co. Ltd. have acquired the hotel portion of a 44-story building in downtown Seattle for $175 millio...
Dec 31, 2019 (Gmt+09:00)
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Hana Fin, Lotte Non-life lend $85 mn for US midstream project
Hana Financial Investment Co. Ltd. and Lotte Non-life Insurance Co. Ltd. have lent $85 million in a mezzanine loan on Salt Creek Midstream LLC in Texa...
Jul 29, 2019 (Gmt+09:00)
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[Interview] Lotte’s insurance arm eyes US infrastructure, private debts for low-risk alternatives
Lotte Non-Life Insurance Co. Ltd., a unit of South Korea’s retail giant Lotte Group, is looking to US infrastructure and private debt markets in Europ...
Mar 07, 2017 (Gmt+09:00)
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KKR’s securitized debt attracts $210 mn from Korea’s Lotte, Hana: report
South Korea’s Hana Asset Management Co. Ltd. will invest $110 million in principal-protected debt issued by Kohlberg Kravis Roberts (KKR) & Co. on...
Nov 30, 2016 (Gmt+09:00)
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TPG picks son of ex-Samsung vice chairman to lead Korea investment
TPG named Sanghoon Lee, an ex-Morgan Stanley executive and elder son of a former Samsung Electronics vice chairman and CEO, as the head of its South K...
Aug 25, 2016 (Gmt+09:00)
Latest News
- 1 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 2 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 3 Korea to allow non-profits to buy bad consumer loans
- 4 LG to drive future growth in emerging markets with battery prowess
- 5 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties