[News Space=Reporter seungwon lee] It was confirmed that SK Broadband paid out 334.2 billion won in dividends, including final dividends and interim dividends, at the shareholders' meeting in March 2024, far exceeding its net profit (255.7 billion won). This is an 'excess dividend' exceeding 130% of net profit, and SK Group's duality in dividend policy has once again come under fire. SK Broadband revised its articles of incorporation in 2023 to introduce an interim dividend system and paid out KRW 133.4 billion to minority shareholders such as Taekwang Industrial (16.75%) and Mirae Asset affil
[News Space=Reporter seungwon lee] Native burger and chicken brand Mom's Touch announced on the 17th that its first directly-operated store in Tokyo, 'Shibuya Mom's Touch', which celebrated its first anniversary on the 16th of this month, had surpassed 700,000 cumulative visitors and 5 billion won in sales. Shibuya Mom's Touch, which opened in April 2024 in the same location where a McDonald's in Japan had operated for 39 years, has surpassed 700,000 cumulative visitors as of March of this year. If you count the customers who have used Shibuya Mom's Touch over the past year, it would be enough
[News Space=Reporter seungwon lee] SK Telecom's 2024 business report is shocking as it reveals a major reduction in AI (artificial intelligence) personnel and organizations. SK Telecom, which declared its leap to become a 'global AI company' by revealing that 40% of its 5,286 full-time employees were AI-related personnel just one year ago, is causing a stir in the industry as it revealed in its business report that it has drastically reduced the size of its AI workforce. ◆ AI manpower, 'drastically reduced' at the industry's highest level SK Telecom has been actively promoting its transformati
Commercial real estate data company RSQUARE (CEO Yong-kyun Lee) has been named to the 'Asia-Pacific High-Growth 500 Companies' list by the Financial Times (FT) and global market research firm Statista for the fourth consecutive year. FT and Statista recently announced their list of 500 companies in the Asia-Pacific region that achieved the highest growth from 2018 to 2024. According to the report, RSQUARE recorded an average annual growth rate of 31.4% from 2020 ($54 million) to 2023 ($112 million), resulting in a cumulative revenue increase of 126.8%. According to the FT, while this year’s bu
[News Space=Reporter seungwon lee] An international group of current and former speakers of parliament from 36 countries around the world, including Cambodia and Colombia, visited a demonstration site where cutting-edge water management technology innovation is taking place. Korea Water Resources Corporation (K-water, President Seok-Dae Yoon) announced on April 11 that a 12-member delegation from the Inter-Parliamentary Speakers Conference, including former Prime Minister of Pakistan and current Speaker of the Senate Yousuf Raza Gillani, visited the Water Comprehensive Situation Room at the Ha
[News Space=Reporter seungwon lee] LG Display (CEO Jeong Cheol-dong) is implementing a delivery service using AI-based autonomous driving robots, significantly improving employee convenience and enhancing work productivity. An outdoor delivery service using delivery robots from 'Woowa Brothers' will be launched from the coffee shop located in the Paju business site to the entrance of the building where employees work, such as the office and factory buildings. This is the first outdoor robot delivery service in an industrial complex in Korea. The delivery robot quickly recognizes surrounding ob
[News Space=Reporter seungwon lee] On the 11th, Kookmin Bank (CEO Hwan-Joo Lee) signed a business agreement for ‘mutual cooperation and joint development’ with KAI (Korea Aerospace Industries, Ltd., CEO Gu-Young Kang). The signing ceremony held at the new building of KB Kookmin Bank in Yeongdeungpo-gu, Seoul was attended by KAI President Kang Gu-young, KB Kookmin Bank President Lee Hwan-joo, and officials from both organizations. This agreement was prepared to strengthen competitiveness in the aerospace sector, a key national industry, support entry into the global market, and establish a mutu
[News Space=Reporter seungwon lee] Dongwon Group has embarked on a business restructuring to significantly strengthen its global food business. Dongwon Industries, the holding company, has decided to incorporate its affiliate Dongwon F&B as a 100% subsidiary and group four domestic and foreign food companies into a business group (Division). Through this, the company plans to create synergy by consolidating its scattered food business capabilities and achieve a second leap forward in the global food market. Dongwon Industries and Dongwon F&B announced on the 14th that they held a board
[News Space=Reporter seungwon lee] Coffee franchise Tous Les Jours (CEO Moon Young-joo) is being criticized by consumers as a 'greedflation' company due to frequent price increases despite posting record sales for two consecutive years. Also, attention is focused on the background and reason for Trinity Holdings Korea, the controlling company of Twosome Place and a 100% owner, implementing a paid-in capital increase of 38 billion won. Industry experts judged it to be an early recovery of the major shareholder's investment by utilizing stable cash flow. According to the Financial Supervisory Se
[News Space=Reporter seungwon lee] As part of its shareholder-friendly policy to enhance shareholder value, KOSPI-listed Yuhan Corporation is acquiring its own stocks worth 2 billion won. This treasury stock acquisition will be conducted through an on-market purchase in the KOSPI market, and the number of common shares to be acquired is 471,142, and the acquisition amount is 2 billion won. Yuhan Corporation currently holds approximately 850,000 common shares of treasury stock, and upon completion of this treasury stock acquisition, it will hold 7.8% of the total issued common shares as treasur