U.S. hedge fund Elliott Management is revving up a public relations drive by frequently coming up with press releases ahead of a proxy war at shareholders’ meetings of Hyundai Motor and Hyundai Mobis slated for March 22. In its latest...
Last year, declining crude oil prices substantially chipped away at the bottom lines of Korean refineries with most of them seeing their profits plunge more than 30 percent. In particular, Korea's No. 3 player S-Oil suffered the worst downturn as...
The Korean automotive industry faces a life-or-death crisis as all of the nation’s five players are suffering from big problems with no light visible at the end of a long, dark tunnel. The country’s two biggest automakers of Hyundai...
The world’s biggest proxy firm sided with Hyundai Motor over Elliott Management in the two players’ disputes about dividend payments, which will be decided at the shareholders’ meeting on March 22. On March 12, the International Shareholder Services (ISS) recommended...

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