Binggrae announces plan to distribute minimum 25% of net profit as dividends, strengthening shareholder returns through consistent dividend policy while pursuing operational efficiency via Haitai Ice Cream merger and portfolio restructuring centered on profitability by brand and product category.
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Will It Now Be 'Binggrae Bravo Cone'? Haitai Ice Cream's 56-Year Legacy Fades Into Memory
Binggrae Co. will absorb Haitai Ice Cream, ending the 56-year legacy of the iconic Bravo Cone brand as the Haitai name disappears from South Korea's ice cream market.
Binggrae Approves Merger with Haitai Ice Cream
Binggrae Co. has approved a merger with Haitai Ice Cream, aiming to boost efficiency and market competitiveness by integrating operations and expanding sales channels.
South Korea's Fair Trade Commission investigates Binggrae and Haitai Ice Cream for potential unfair in-house transactions with family-owned logistics company, raising concerns over business funneling practices.
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FTC Conducts On-Site Investigation of Binggrae and Haitai Ice Cream Over Alleged Unfair In-House Transactions
South Korea's Fair Trade Commission investigates Binggrae and Haitai Ice Cream for potential unfair in-house transactions with family-owned logistics company, raising concerns over business funneling practices.
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