South Korea’s Lotte Group has come under suspicion of using a shell company that owns a mega mall in Vietnam to funnel money into a possible slush fund. Luxembourg-incorporated Coralis SA, the company in question, developed Lotte Center Hanoi at a cost of…
One in four unlisted affiliates of South Korea’s retail giant Lotte Group are found to meet requirements for a stock market debut, data showed Wednesday. The conglomerate has pledged to simplify its governance structure and boost its managerial transparency…
Sign up and we notify you about new features and Add-Ons By Kim Eun-jung SEOUL, Sept. 17 (Yonhap) — The chief of South Korean retail giant Lotte Group pledged Thursday to untangle a cobweb of cross-shareholding among its affiliates and speed up the listing…