South Korea's Fair Trade Commission fines HDC Group 17.13 billion won for providing 30 billion won in virtually free financial support to affiliate I'Park Mall over 17 years through disguised lease transactions, helping the struggling company avoid market exit and become a leading complex shopping mall operator.
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https://en.infomaxai.com/news/articleView.html?idxno=114364
#YonhapInfomax #HDC #FairTradeCommission #IParkMall #UnfairSupport #CriminalCharges #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=114364

HDC Provides 30 Billion Won in Free Support to Prevent Affiliate Delisting, Chairman Chung Mong-gyu Excluded from Criminal Charges (Comprehensive)
South Korea's Fair Trade Commission fines HDC Group 17.13 billion won for providing 30 billion won in virtually free financial support to affiliate I'Park Mall over 17 years through disguised lease transactions, helping the struggling company avoid market exit and become a leading complex shopping mall operator.
