Hanwha CEO reshuffle
Scope
Date
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Sovereign wealth funds
KIC CEO to meet GIC, Temasek execs during Singapore trip
Korea Investment Corporation (KIC) Chief Executive Choi Heenam will make his first overseas business trip in 11 months to visit Singapore this month...
Dec 04, 2020 (Gmt+09:00)
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Future mobility
Hanwha Systems unveils Butterfly, personal air vehicle mockup
Hanwha Systems Co., a defense and information technology service unit of Hanwha Group, on Wednesday unveiled the mockup of its personal air vehicle (P...
Nov 11, 2020 (Gmt+09:00)
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Pension funds
Korean teachers' fund names ex-education minister as CEO
South Korea’s Ministry of Education has chosen Kim Sang-gon, formerly deputy prime minister and education minister, as the new chief executive f...
Nov 11, 2020 (Gmt+09:00)
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Sovereign wealth funds
KIC CEO Choi Heenam named S.Korea’s financial ambassador
South Korea’s Ministry of Foreign Affairs has appointed Choi Heenam, chief executive of the Korea Investment Corporation (KIC), as the country's...
Nov 04, 2020 (Gmt+09:00)
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NAND business
SK Hynix’s $9 bn Intel NAND deal ‘not overvalued’: CEO
SK Hynix Inc.’s $9 billion deal to acquire Intel Corp.’s NAND memory chip business is not overvalued as the price tag reflects the US firm...
Oct 30, 2020 (Gmt+09:00)
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Samsung Group
Why Samsung has the highest-paid CEOs
This is the second in a four-part series that will delve into Chairman Lee Kun-hee’s New Management initiative that charted Samsung's course in ...
Oct 27, 2020 (Gmt+09:00)
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Interview
KIC CEO to step up startup, ESG investments
Korea Investment Corporation (KIC) will step up investment in startups and environmental, social and governance (ESG)-themed investment as it aims to ...
Oct 16, 2020 (Gmt+09:00)
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Batteries
Tesla CEO's tweets allay concerns over EV battery supplies; LG Chem shares rise
Shares of LG Chem Ltd. rebounded on Sept. 22 from their shaky performance in the past few sessions, buoyed by Tesla Inc. founder Elon Musk’...
Sep 22, 2020 (Gmt+09:00)
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Renewable energy
Hanwha Solutions, affiliates’ shares soar on Green New Deal, defense
Share prices of Hanwha Solutions Corp. and other Hanwha Group units are being re-rated as the companies shift their business focus to the green energy...
Sep 08, 2020 (Gmt+09:00)
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Defense
Hanwha Defense named preferred supplier of howitzers to Australia
Hanwha Defense Co. has been named the preferred supplier of howitzers and associated support equipment to Australia, signaling the superiority of Sout...
Sep 03, 2020 (Gmt+09:00)
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Pension fund
Kim Yong-jin officially appointed as NPS’ new CEO, likely to drive decision over CIO status
Kim Yong-jin, the former second vice finance minister of President Moon Jae-in’s government between mid-2017 and 2018, has been chosen as the Na...
Aug 31, 2020 (Gmt+09:00)
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Hanwha Q Cells secures 315MW solar power, energy storage project in Portugal
Hanwha Q Cells Co. has secured the right to generate half of the 700-megawatt power capacity put up for auction in Portugal, becoming the first compan...
Aug 28, 2020 (Gmt+09:00)
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Private equity
Hanwha Life commits $400 mn to KKR’s new Asia buyout fund
Hanwha Life Insurance Co. Ltd., South Korea’s second-biggest life insurer, has committed around $400 million to KKR & Co.’s new Asia b...
Aug 25, 2020 (Gmt+09:00)
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Kakao Games
Updated: Kakao Games to shore up M&A with IPO proceeds – CEO
Kakao Games Corp. will use proceeds from the initial public offering to carry out active M&A among game sectors, said Namkoong-whon, the company's...
Aug 25, 2020 (Gmt+09:00)
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Defense
Global partnership pushes Hanwha into final round of Aussie armored vehicle deal
Hanwha Defense Co. has reached the final stretch in a race to win Australia’s 5-trillion won (US$4.2 billion) project to buy new infantry fighti...
Aug 19, 2020 (Gmt+09:00)
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Renewable energy
Hanwha eyes gains running hydrogen fueling stations for US startup
Hanwha Group may exercise its rights to operate more than 700 hydrogen fueling stations to be built across the US and Canada by US hydr...
Aug 17, 2020 (Gmt+09:00)
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M&A
Hanwha taps into ESS business by acquiring 100% stake in US-based Geli
Hanwha Q CELLS has acquired a 100% stake in the energy software company Growing Energy Labs, Inc (Geli) in a move to step up its energy business in th...
Aug 08, 2020 (Gmt+09:00)
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M&A
Hanwha loses to Chevron in a bid to acquire 50% stake in US-based ethane cracker
Hanwha Group has lost to US-based chemical company Chevron Phillips in a bid to acquire a 50% stake in global chemical company Sasol’s...
Aug 06, 2020 (Gmt+09:00)
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Private equity
Carlyle names co-CEO Kew Lee as sole CEO
Kewsong Lee, co-chief executive officer of the Carlyle Group, has been appointed as the US private equity group’s chief executive officer after ...
Jul 22, 2020 (Gmt+09:00)
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Pension fund
Teachers’ Pension names ex-education ministry official as CEO
The Teachers’ Pension has named former senior education ministry official Myung-hyun Ju as its chief executive officer for a three-year term sta...
Apr 02, 2020 (Gmt+09:00)
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Pension fund
Construction workers’ fund names ex-Hanwha General investment head as CIO
The Construction Workers Mutual Aid Association (CWMA) has appointed Wihwan Lee, a former investment head of Hanwha General Insurance CO. Ltd., as chi...
Feb 18, 2020 (Gmt+09:00)
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Pension fund
Three Korean pension fund CEOs quit to run in general election
About halfway through their three-year terms, chief executives of National Pension Service (NPS), Korean Teachers’ Credit Union (KTUC) and Publi...
Jan 16, 2020 (Gmt+09:00)
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Hanwha Group units underwrite $240 mn debt on US car park operator
Hanwha Investment & Securities Co. Ltd. and two other financial arms of South Korea’s Hanwha Group have underwritten $240 million of a 30-year deb...
Sep 26, 2019 (Gmt+09:00)
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Hanwha General eying 2020 IPO; Samsung may cash in $800 mn stock
Hanwha General Chemical Co. Ltd. is aiming to list on the Korea Stock Exchange next year, which may lead to Samsung Group’s two arms disposing of rema...
Aug 03, 2019 (Gmt+09:00)
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Hanwha, NH Investment take $243 mn stake in Gatwick Airport
Hanwha Investment & Securities Co. Ltd. and NH Investment & Securities Co. Ltd. have acquired a combined 2.85% stake in London’s Gatwick Airpo...
Jun 25, 2019 (Gmt+09:00)
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Hanwha, Hana extend mezzanine loans on US properties
Hanwha Investment & Securities Co. Ltd. has provided a 140 billion won ($123 million) mezzanine loan on an office complex in Silicon Valley leased...
Apr 06, 2019 (Gmt+09:00)
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Samsung-Hanwha consortium tipped to invest $300 mn in Paris building
A consortium of Samsung Securities Co. Ltd. and Hanwha Investment & Securities Co. Ltd. is likely to invest 340 billion won ($299 million) in a Pa...
Apr 05, 2019 (Gmt+09:00)
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Hanwha Investment buys Prague office complex for $286 mn
Hanwha Investment & Securities Co. Ltd. has acquired a five-building office complex in Prague for 325 billion won ($286 million), as South Korean ...
Apr 02, 2019 (Gmt+09:00)
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Hana Alternative appoints ex-NPS investment head as CEO
Hana Alternative Assets Management Co. Ltd., part of a top South Korean banking group, has appointed Hee-seok Kim, a former global investment head...
Mar 08, 2019 (Gmt+09:00)
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[ASK 2018 SUMMIT] NPS seeks regionally diversified portfolio: CEO
The National Pension Service (NPS) is building regionally diversified portfolios in pursuit of both profitability and stability, said its chief execut...
Oct 24, 2018 (Gmt+09:00)