Showing posts with label Lee. Show all posts
Showing posts with label Lee. Show all posts

Tuesday, February 28, 2017

Independent counsel, Lee Jae-yong, Choi Gee-sung, Samsung jangchunggi leadership collectively indicted five people



[Korea gimeunji financial newspaper News] Park Geun-hye, Park Young - Soo choesunsil special prosecutor investigating team under the leadership of Samsung gate was indicted five people, including the last day of 28 days independent counsel, Samsung Electronics Vice President Lee Jae-yong batch. In addition, it said it would yicheop after adding the charges to the accused the President Park Geun-hye in connection with alleged bribery prosecution.

A special counsel spokesman yigyucheol teukgeombo has indicted without detention for the rest of the remaining four people, except for the Vice-President is being detained pre-arrest gotta issued baksangjin Cooperation president, Choi Gee-sung Future Strategy Department mounted (Vice President), jangchunggi Future Strategy Department deputy (president), hwangseongsu foreign such cooperation is the Managing Director destination.

Hongwanseon former National Pension Fund Management Division is also indicted without detention in connection with the merger of Samsung preferences.

A special counsel is a violation of the law was applied to these charges of bribery and embezzlement specific economic crime punishment law, property flee abroad, concealing the proceeds of crime have been added perjury charges Vice President of the National Assembly.

A special counsel is choesunsil and clarify doubts about the family budget support Samsung's judgment as of the proven ways nights president of the bribery allegations. A special counsel is reported to have handed a bribe in return for the night to get the vice president and defense assistance from Mr. Choi silse management succession process.

The vice-night dwaeteumyeo to the president and the defense silse Choi past 17 days confinement huge amounts of bribes to handing charges, the redemption of Vice President've struggled with, such as unexploded search and seizure of remain silent and presidential Mr. Choi bribery investigation. It was expected to be a way out.

A special counsel is looking Mr. President and the relevant maximum charges of bribery and complicity relationship with President Park.

This one Vice intervention to transfer the equestrian athletes fostering nominal August 2015 choesunsil Mr. founded by German company Korail Sports (bidek body of the sport) and 21 billion won of scale maeteotgo a consulting contract dual 3.5 billion won charges It is appreciated.

Samsung has provided 1.628 billion won in Korea Corporation Winter Sports Center built the gifted Mr. Choi and Mr. jangsiho nephew in the form of donations. Mr. Choi has appeared in a maximum amount of 20.4 billion real-owned Mir · K Sports Foundation, the major companies.

A special counsel is applied to a third party charged with bribery 3.5 billion has simple bribery charges were applied to the donor, donations Winter Center has 1.628 billion won and 20.4 billion Mir · K Sports Foundation contributions remitted to sports collection.

A special counsel is at the expense of the amount of support to the Choi family, the Samsung Corporation and Cheil merger succession of management rights for the Vice-President reported that took place without a hitch. The NPS damages Samsung Corporation knowing that day by external force - were involved in the merger dwaeteumyeo voted Cheil Industries is a judgment.

According to the internal proceedings, the national pension was concerned that the loss of 300 billion won over when to merge as Samsung has presented. Samsung is that the merger ratio calculated as Cheil Industries, Samsung C & T Corporation shares, such as changing three weeks and the best fit wool shares 1 shares this dwaetdaneun unreasonably applied. NPS is analyzed that the change match two weeks initially and Cheil Industries, Samsung C & T Co., approximately one week.

Samsung merger-related preferential involved uihokwa accused Hong former fund chief is scheduled to stand trial on charges of breach of trust certain economic crime punishment law. The independent counsel is at 2 pm and March 6 announced the final results of the investigation "choesunsil Gate, Park Geun-hye.

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NH Agricultural Bank, and Lee Chul Hair connector is happiness fills the franchise "business agreement



[Korea sinyuncheol financial newspaper reporter] NH Agricultural Cooperative Bank (Bank yigyeongseop) announced that it has signed a connector is Lee Chul Hair (CEO: Seung Chul) and "happiness fills the franchise business agreements' in 28 days, Gangnam-gu, Lee Chul Hair Nonhyun connectors are Headquarters.

In this business agreement with the National NH Agricultural Bank branch that 'Lee Chul Hair connector is' merchant and need working capital reserve merchant week you want the brand founder up to 2 billion, by applying the preferential interest rates of up to 1.30% p can receive assistance loans It was.

By official Korean beauty industry's largest brand, Lee Chul Hair connector is is relieving the burden on the merchant shares in accordance with the 'recession and economic downturn, to provide its preliminary Merchants State contemplating a new start-up the hatch to support the financial services Agricultural Bank created a platform that can grow with, he said.

NH Agricultural Bank game sales headquarters choegwangsu Division is "now able to offer a broad range of financial services to merchants State wishing to start-up in Lee Chul Hair connectors are brand ㈜ connector is through this signing, said" the future financial support for small business owners and small business We will actively take the lead in the 'he said.



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The governor Lee Ju-yeol "not getting US interest Raising the mechanical response"



[South Korea's Choice Financial News News] Bank of Korea governor Lee Ju-yeol stressed that "if the United States raised interest rates impact'll take, but does not respond mechanically '28.

This afternoon the National Assembly Finance Committee plan the governor Lee Ju-yeol attend the entire meeting the US Federal Reserve has responded thus bakjunyoung lawmakers asked questions of people per hour corresponding to the interest rates (Fed).

The governor Lee Ju-yeol explained that (South Korea's policy rate decision), the domestic economy, one must decide to see how the changed financial situation, saying "because they are not highly inflationary pressures will eventually be considered for financial stability.

In addition to the government's fiscal policy stance freedom hangukdang chugyeongho Senator query governor Lee Ju-yeol yen replied that "it is necessary jeokil more extended. In this regard, the governor Lee Ju-yeol explained, "Compared with the growth domestic product (GDP) in nominal GDP 3% for the second half I think Is not it lacks a lot."

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Monday, February 27, 2017

28 people 10 billion 'super dividend' rich Samsung Electronics Chairman Lee Kun-hee ... # 1



[Korea hyerin nine financial newspaper reporter] 'super dividend' paid rich dividends for more than 10 billion won in listed companies, stock holdings was estimated that up to 28 people.

After 27 days the dot-com tycoon listed companies are major shareholders and related parties aggregated based on the day, finishing the year 2016, payments received (excluding interim dividend) dividend over the fiscal year closing high dividend recipient was 10 billion won to 28 people.

Many listed companies have high dividend payouts while a total of 28 parties that receive high dividend payouts this year more than 10 billion won last year's 107.5 billion won to 833.4 billion won 7000 more than 28 billion yuan, increased by 14.8%.

This accounted for 7.2% of first place (128 million) increased by 190.3 billion won, Samsung Electronics Chairman Lee Kun-hee, than last year. The Chairman be paid a dividend of 2.9 billion won to 137.4 billion won this year held in the receive common shares of Samsung Electronics and preferred shares, Samsung C & T and Samsung SDS.

Dividends on the president right after the first 100 billion won to 103.4 billion won rich dividends for 2013, 107.9 billion won in 2012, 175.8 billion won in 2014, it was 177.4 billion won a year to rise in 2015, recorded the highest ever dividend this year.

To 77.3 billion won the same as last year, Chung Mong-koo, Hyundai-Kia Automotive Group Chairman 2nd, Chey Tae-won of SK Group chairman to 8.8% increase in 61 billion won last year 3rd Eui Sun Chung Hyundai Motor Vice this to 50 billion won, such as last year's fourth place, Lee Jae-yong, Samsung Electronics Vice President than last year 25.6% increase was 46.8 billion won.

Seogyeongbae Amore Pacific Group President of 30.9 billion won, jojeongho Meritz Financial Group President, 84% more than last year increased by 30.3 billion won, hongrahui Leeum Samsung Museum of Art curator 17.6% increase over last year's 29.8 billion won many receive 37.5% more than last year.

Jeongmongyun Hyundai Marine & Fire president 80% surge 26.4 billion won, johyeonjun Hyosung 25.7 billion won presidents increased 60.4% over last year, gubonmu LG group is similar to 25.5 billion won the previous year president last year, johyeonsang Hyosung Vice President followed with 21.4 billion won increased 48.7% .

Brother, Mr. choegiwon 194 billion won, 17.8 billion won joseokrae ago Hyosung Group Chairman, Vice Chairman Koo Bon-joon LG 176 billion, CJ Group Chairman Lee Jae-hyun 170 billion, jeongmongjin KCC Group Chairman Chey Tae-won of SK Group chairman be paid 153 billion.

Gimjunil Lock & Lock chairman is expected to be received 14.5 billion won listened to 100 billion won Super dividend ranks, gugwangmo LG managing 142 billion, Sang Hun Kim zonal advisors 136 billion won, Kim, Seok - Soo East-West Foods Chairman 130 billion, hongseokjo BGF Retail President paid 12.6 billion won to be.

Jeong, Yong - Jin Shinsegae vice-Mart, including group affiliated subsidiaries and Samsung Electronics Co., 24-10 000 5 Quanzhou held a total of 120 billion won in large dividends the subject was, Nam - Ho Dongbu manager 105 billion won, Kim Seung-yeon Hanwha Group chairman 10.2 billion won, gubonsik Hee Sung Group Vice President and Lee, Myoung - Hee 100 billion, respectively, Shinsegae group Chairman, President gimtaekjin NCsoft will receive a hefty dividend of 100 million.



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Sunday, February 26, 2017

CJ Lee Jae-hyun President of Business imminent return ... March shuffled regular personnel



[Korea gimeunji financial newspaper reporter] is expected to return to front-line business in the first half of the year last year, Liberation Day amnesty of CJ Group Chairman Lee Jae-hyun. Even if the independent counsel investigation ends remaining variables, such as, but because the owner is desperate to return to the large global investment and M & A.

The president was scheduled to receive intensive treatment of genetic diseases and kidney transplantation adverse events in the US this winter. But a US visa delays and special counsel investigating the aftermath of the financial world, such as staying in Korea has been ready to return to management.

CJ is planning to pursue the management of return in earnest as the president somehow entered a special counsel investigation finishing phase. Itneundeda looking for a stable health of the president is because the owner needs to embark on a large direct investment and global business.

CJ makes a personnel and organizational restructuring, investment and management normalization, such as the employment rate starting from March to come.

After the amnesty of the President CJ it was troubled atmosphere due to the external environment, such as choesunsil gate. CJ is not unheard of for a normal shuffled personnel from 2013 to the investigation and trial of the President. Which was originally scheduled to greet the end of last year, was not acting in ending the external noise such as special counsel to the business community discussed the investigation expanded.

CJ this year has prepared several plans, including the return of the President to frontline management group internally. First, prepare the ammunition was more than double the 5 trillion won increase from the 1.9 trillion last year investment.

Last year, total sales of the CJ Group is about 31 trillion won, it surpassed 30 trillion won for the first time. Sales exceeded 30 trillion won this year, the CJ had to raise the sales target for Vision "Great CJ" that 2020 sales of 100 trillion won, the overseas sales target 70 percent to 40 trillion won.

The President, before 2012, CJ redemption has invested up to 2.9 trillion won in history. In 2013 the President of the redeemed 2.6 trillion won, 1.9 trillion won 2014, 2015, 1.7 trillion won in capex is a situation which had continued to decline.

Last year, CJ's actual abandonment of net all the bids and items such as McDonald's Korea Tong Yang Magic, and has received a brake on expansion. Insuga trillion won was giving up the argument of the Chinese plum amino group of companies that were expected. In this sizeable M & A decision will need repeatedly, but could not get past the drinking Kobe.

Since Independence Day Special Envoy of the President of the United States it has had close a bio-venture company Meta Ball Riggs assets acquired (11.2 billion), CJ Malaysian logistics company, Century Logistics acquisition of Korea Express (471 billion) CJ CJ. However, more than 100 billion won to date is a big deal, not the state.

CJ is shuffled personnel subsequent to year-end deferred from the last flare of management normalization next month. The personnel is expected to be made by the president before the return of the management of the maintenance organization for global business expansion with emphasis on CJ.

According to the CJ and out of the president is expected to personnel reorganization and the finished work or around April-May embark on a full-fledged business, such as visiting the sites.

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'Cheongdam-dong Lee Hee-Jin' Block ... Financial crime history can not party like investment advisory five years



If history is a violation of the [financial newspaper goyounghun Korea News] financial future laws it will not be able to make similar investment advisory five years.

Financial Services Commission and the Financial Supervisory Service announced a "similar investment advisory and supervisory system improvement plan" that includes these details 26 days.

It had similar investment advisory business conduct multi illegal possession only two possible sales report. This financial crisis is a new reporting requirements for such disqualification finance laws violators. Similar investment advisory mandate to receive the self-check is performed wholesome pre-sales training, etc. Financial Investment Association, and the expiration date sales report periodically renewed every time it limits eligibility to five years and also sales training again.

This authority is canceled when the partial legal business conduct. However, the abolition, to change business reporting for duty, but this provision no sanctions had been doing business with some ghost companies. Check operating behavior of the monetary authorities results of the 1075 Vendor Report carriers have revealed that 26.3% of the 283 individuals who have a tricky business to continue despite the closure report to the IRS.

If you have a closure report to the IRS business registration if the erasure, who laid the legal basis to cancel the complaint ex officio, and data submission requirements breach, reported in succession three times or more violations of obligations imposed fines has on the market It is withdrawn.

Similar investment advisors will be added penalties, including criminal penalties, even imprisonment of less than 30 million won or less imposed a fine of 10 million won and less than 1 year when undeclared sales if you breach it without a legitimate reason for data submission requirements. Criminal law for undeclared similar to the current investment advisors Legislation is under review.

Business Conduct Survey transfer the operating behavior at all times supervised transition to a regular 2-3 years, and such complaints occur around the company it plans to focus on checking the illegal activities. Damage occurs to build a cooperative system with related agencies such as the police, the Korea Consumer Agency it plans to respond quickly and efficiently hagetdan.

It also plans to build even the Korea Communications Commission, Securities TV broadcasters as cooperation so that checking the illegal business conduct, unsound using regular broadcast, and the broadcast debut of the limited unauthorized indiscriminate similar investment advisors. This can be interpreted as a willingness of the authorities getdaneun just like last year, Lee Hee-Jin crisis.

Sales behavior for power bloggers, including many annual revenues are more than 100 million won Members advisors also strengthen supervision and financial authorities are also planning to conduct Lava check for the closing of the sales advisors directly and negatively signed up as a paying member.

FSC gimgihan Asset Management Director, said, "The annual 40-50 will conduct checks on the supplier Lava" and "will enable the market-friendly tort surveillance report using illicit financial reward, such as the paparazzi."

The financial authorities that promote systemic improvements are possible amendment bill is passed this year, director improvements made plans to build a rapid cooperation channels and related organizations.



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