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이미지 확대South Korea’s antitrust regulator has added eight extra firms, together with the nation’s prime cryptocurrency alternate operator Dunamu, to an inventory of 76 enterprise teams topic to state’s necessary reporting of funding, funding and different enterprise actions this yr.
The Korea Truthful Commerce Fee (KFTC) on Wednesday launched an up to date record of enterprise teams with property of greater than 5 trillion gained ($3.95 billion) which can be topic to harder disclosure guidelines as of Could 1.
Dunamu, the operator of cryptocurrency alternate Upbit, and 7 different corporations (Krafton, Bosung, KG, Iljin, OK Monetary Group, Shinyoung and Nongshim) newly joined the membership for the primary time, whereas three (IMM Funding, Korea Funding & Securities, Daewoo Engineering & Building) had been faraway from the record, resulting in a internet improve by 5 from 2021.
SK Group grew to become the No. 2 conglomerate for the primary time with property of 292 trillion gained, overtaking Hyundai Motor Group whose rating fell by one notch with 257.8 trillion gained in property. Samsung Group, Korea’s largest family-owned conglomerate, maintained its prime place with property of 483.9 trillion gained.
The KFTC additionally positioned 47 enterprise teams with property of greater than 10 trillion gained on its record of firms beneath supervision for inter-affiliate mortgage ensures. The tally rose by seven from 40 final yr. Dunamu was additionally included to this record as its complete property, together with buyer deposits value 5.8 trillion gained, are estimated at over 10 trillion gained.
The 47 giant enterprise teams are banned from making fairness investments amongst associates or providing mortgage ensures to one another beneath the honest commerce legislation. Different new members on this record are Jungheung Building, HMM, Taeyoung, OCI, SeAh, Hankook Tire, and E·Land.
By Baek Sang-kyung and Minu Kim
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]
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