News

Amid growing concern about a liquidity crisis at conglomerates in the wake of the unraveling of Tongyang Group, Dongbu Group, another chaebol being monitored by the nation’s financial watchdog, came ...
Hynix Semiconductor has been the lightning rod in the past year for government meddling in South Korea's economy. Nowcomes Dongbu Electronics. Since South Korea's recovery from Asia's financial ...
Dongbu Group announced Sunday that it has changed the top management positions of its subsidiaries. Yoon Dae-geun, formally vice chairman of the group’s construction subsidiary Dongbu ...
The cash-starved Dongbu Group, the country’s 18th-largest conglomerate by assets, is at risk of falling into a deeper hole as its affiliates are likely to face hurdles in refinancing maturing ...
Dongbu Group Chairman Kim Jun-ki will lose his ownership in Dongbu Steel after the nine creditors unanimously approved a normalization plan that includes a debt-to-equity swap and a capital reduction ...
Including about 50 billion won ($44.5 million) worth of additional investment, Dongbu Group, which was previously one of 20 largest conglomerates in South Korea, is mulling measures to secure new ...
SEOUL, July 10 (Reuters) - South Korea's Dongbu Group submitted a preliminary bid to acquire unlisted electronics maker Daewoo Electronics Co Ltd, group affiliate Dongbu CNI Co Ltd said in a ...
South Korean conglomerate, Dongbu Group, has announced a partnership with Bitcoin remittance service provider Sentbe in its bid to enter the Bitcoin remittance market. The group is collaborating ...
Last month, Amkor Technology Inc. completed the sale of 20 million shares in Anam to Dongbu's parent company, Dongbu Group, for $93 million. As a result, Amkor's ownership interest in Anam reduced ...
both publicly held companies operating within the Dongbu Group reported today their merger has been approved at a special shareholders’ meeting. The newly-created bio-semiconductor-focused enterprise, ...
SEOUL, Sept 2 (Reuters) - Shares in Dongbu Group units, including Dongbu Insurance <005830.KS> and Dongbu Steel <016380.KS> dived on Tuesday as the company confirmed rumours that Dongbu Life will ...