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Kumho Asiana Group
Kumho Asiana Group is a large South Korean ''Chaebol'' (conglomerate), with subsidiaries in the construction, leisure, and logistics industries. The group is headquartered at the Kumho Asiana Main Tower in Sinmunno 1-ga, Jongno-gu, Seoul, South Korea. As of 2014, the largest shareholder is Park Sam-koo, the third son of the company's founder, who stepped down as CEO in 2010. History After World War II, Park In-chon began a taxi service, based out of Geumnamno in Seo-gu, Gwangju. By the 1950s, operations had expanded to include bus and coach services, operating as Gwangju Passenger Service (today, Kumho Buslines). The company began vertical integration in 1960 with the establishment of Samyang Tire, today Kumho Tire. Facing a shortage of raw material, Kumho Synthetic Rubber (today Kumho Petrochemical) was established in 1971. The group expanded considerably as the Korean economy boomed, adding subsidiary companies in construction, shipping and logistics, aviation, leisure, cu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kumho Asiana Logo
Geumho, Kumho, or Kǔmho ( ko, 금호) may refer to: * Kumho (South Hamgyong), North Korea * Geumho River, Gyeongsangbuk-do, South Korea * Geumho-eup, a town in Yeongcheon, North Gyeongsang, South Korea * Geumho-dong, Seoul, Geumho-dong, Seungdong-gu, Seoul, South Korea * Geumho Station, Seoul Metro station in Geumho-dong, Seungdong-gu, Seoul, South Korea Companies * Kumho Asiana Group, a South Korean conglomerate * Kumho Petrochemical and subsidiaries, a South Korean conglomerate spun off from the Kumho Asiana Group * Kumho Tire, a South Korean tire manufacturer separated from Kumho Asiana Group after it was sold to Double Star in 2018 {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kumho Petrochemical
Kumho Petrochemical Co., Ltd. (abbr. KKPC; ) is a multinational chemical company based in South Korea, with headquarters in Seoul. It was founded in 1970 when Kumho Group struggled to secure raw materials for its bus and tire businesses. Kumho Petrochemical has a global market leadership in the manufacturing of synthetic rubbers with the world's largest production capacity based on SBR and BR by IISRP 2012. It focuses on synthetic rubbers, synthetic resins, specialty chemicals, electronic chemicals, energy, building materials and advanced materials as its core business. In 2011, Kumho Petrochemical was ranked at 1806th of 'the Global 2000' by Forbes. In 2013, it became a component of the KOSPI 100 index, which tracks 100 major companies listed on the Korea Stock Exchange. It changed its name from 'Korea Kumho Petrochemical' to 'Kumho Petrochemical' effective 15 February 2012. It was spun off from Kumho Asiana Group in December 2015. Products * Synthetic Rubbers Kumho Pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kumho Asiana Group
Kumho Asiana Group is a large South Korean ''Chaebol'' (conglomerate), with subsidiaries in the construction, leisure, and logistics industries. The group is headquartered at the Kumho Asiana Main Tower in Sinmunno 1-ga, Jongno-gu, Seoul, South Korea. As of 2014, the largest shareholder is Park Sam-koo, the third son of the company's founder, who stepped down as CEO in 2010. History After World War II, Park In-chon began a taxi service, based out of Geumnamno in Seo-gu, Gwangju. By the 1950s, operations had expanded to include bus and coach services, operating as Gwangju Passenger Service (today, Kumho Buslines). The company began vertical integration in 1960 with the establishment of Samyang Tire, today Kumho Tire. Facing a shortage of raw material, Kumho Synthetic Rubber (today Kumho Petrochemical) was established in 1971. The group expanded considerably as the Korean economy boomed, adding subsidiary companies in construction, shipping and logistics, aviation, leisure, cu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of South Korean Companies
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may not be altered without permission * Lists (jousting), the barriers used to designate the tournament area where medieval knights jousted * ''The Book of Lists'', an American series of books with unusual lists See also * The List (other) * Listing (di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of South Korea
The economy of South Korea is a highly developed mixed economy. By nominal GDP, it has the 5th largest economy in Asia and the 13th largest in the world. South Korea is notable for its rapid economic development from an underdeveloped nation to a developed, high-income country in a few generations. This economic growth has been described as the Miracle on the Han River, which has allowed it to join OECD and the G-20. South Korea still remains one of the fastest growing developed countries in the world, following the Great Recession. It is included in the group of Next Eleven countries as having the potential to play a dominant role in the global economy by the middle of the 21st century. South Korea's education system and the establishment of a motivated and educated populace is largely responsible for spurring the country's high technology boom and economic development. South Korea began to adapt an export-oriented economic strategy to fuel its economy. In 2019, South Kor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kumho Engineering And Construction
Kumho Engineering and Construction is a Korean civil engineering and construction company based in South Korea. It is a corporate member of the Kumho Asiana Group Kumho Asiana Group is a large South Korean ''Chaebol'' (conglomerate), with subsidiaries in the construction, leisure, and logistics industries. The group is headquartered at the Kumho Asiana Main Tower in Sinmunno 1-ga, Jongno-gu, Seoul, South .... External links * Construction and civil engineering companies of South Korea Kumho Asiana Group Construction and civil engineering companies established in 1967 South Korean companies established in 1967 {{SouthKorea-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kumho Asiana Cultural Foundation
Kumho Asiana Cultural Foundation Co, Ltd. () is a music, art, and entertainment company. It is headquartered in Sinmunro-1-ga Jongno-gu, Seoul, Korea. Established in 1977, it is a wholly owned subsidiary of Kumho Asiana Group. Kumho Asiana Cultural Foundation currently operates entertainment agencies in Korea, including locations in Kumho Art Hall, Kumho Art Museum, and is one of the largest entertainment agencies in the world. General Established on 29 November 1977, Kumho Asiana Cultural Foundation started as a scholarship foundation. Later, as the Group adopted the philosophy that "a company must give back a portion of its profits to the people and region to whom it owes its existence", the Foundation extended its area of support to include classical music and the fine arts, in addition to education and scholarships. With its aim to nurture talent and to promote culture, Kumho Asiana Cultural Foundation currently owns and operates Kumho Art Hall, a classical music hall s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kumho Art Hall
The Kumho Art Hall () is a classical music hall in Seoul, South Korea. General Kumho Art Hall is situated in the heart of downtown Seoul on the third floor of Daewoo E&C. Performances are held more than five times a week. Three of these are part of a planned series by Kumho Asiana Cultural Foundation (KACF): Beautiful Thursday Concert Series, Kumho Prodigy Concert Series, and Kumho Young Artist Concert Series. Beautiful Thursday Series In June 1997, Seong-Yawng Park, chairman of KACF, launched what became known as the Gallery Concert, held at Kumho Museum of Art. Following the opening of Kumho Art Hall in December 2000, the gallery concert was reborn as the Friday Special Concert Series. When this series celebrated its tenth anniversary, in June 2007, it was renamed the Beautiful Thursday Series. Established Korean artists, including Dong-Suk Kang, Daejin Kim, Kyung-wha Chung, Myung-wha Chung, and international musicians of note such as Jörg Demus, Heinz Holliger, Igor Ozi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asiana Airlines
Asiana Airlines Inc. ( ) is a South Korean airline headquartered in Seoul.Home ." Asiana Airlines. Retrieved 13 September 2010. "Address : Asiana Town, P.O. Box 98 47 Osoe-dong, Gangseo-gu, Seoul, Korea. Address in Korean : ". Direct image link to map In 2019, it accounted for 25% of South Korea's international aviation market and 20% of its domestic market. It maintains its international hub at Seoul's |
Debt Restructuring
Debt restructuring is a process that allows a private or public company or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity so that it can continue its operations. Replacement of old debt by new debt when not under financial distress is called "refinancing". Out-of-court restructurings, also known as s, are increasingly becoming a global reality. Motivation Debt restructuring involves a reduction of debt and an extension of payment terms and is usually less expensive than bankruptcy. The main costs associated with debt restructuring are the time and effort spent negotiating with bankers, creditors, vendors, and tax authorities. In the United States, small business bankruptcy filings cost at least $50,000 in legal and court fees, and filing costs in excess of $100,000 are common. By some measures, only 20% of firms survive Chapter 11 bankruptcy filings. Historically, debt restruc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Crisis Of 2007–08
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leveraged Buyout
A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money (leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loans, along with the assets of the acquiring company. The use of debt, which normally has a lower cost of capital than equity, serves to reduce the overall cost of financing the acquisition. The cost of debt is lower because interest payments often reduce corporate income tax liability, whereas dividend payments normally do not. This reduced cost of financing allows greater gains to accrue to the equity, and, as a result, the debt serves as a lever to increase the returns to the equity. The term LBO is usually employed when a financial sponsor acquires a company. However, many corporate transactions are partially funded by bank debt, thus effectively also representing an LBO. LBOs can have many different forms such as management buyout (MBO), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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