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Tongyang Group

South Korean enterprise

Nº Q12593494 ★★★

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Tongyang Group

South Korean enterprise

Texte en anglais

The Tongyang Group, also spelled Tong Yang Group, is a South Korean conglomerate founded in 1957 by Lee Yang-gu, a confectionery businessman who had decided to expand into the cement industry. Over the following decades it expanded to include holdings as diverse as financial services companies and a basketball team.

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Médiane 7 j

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Ventes 30 j

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Fourchette 30 j

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Sur Wikipédia

Texte en anglais Pas encore d'article dans ta langue : extrait en anglais.

The Tongyang Group, also spelled Tong Yang Group, is a South Korean conglomerate founded in 1957 by Lee Yang-gu, a confectionery businessman who had decided to expand into the cement industry. Over the following decades it expanded to include holdings as diverse as financial services companies and a basketball team. As of September 2013, it was the country's 38th-largest conglomerate, but that month it defaulted on its debt due to cash flow issues, and looked to sell off key subsidiaries to raise funds. In January 2014, group chairman Hyun Jae-hyun and three other senior executives were arrested on charges including fraud and malpractice in issuance and sales of financial products.

Texte : Wikipédia en anglais, CC BY-SA 4.0. ·

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