MBK Partners’ Chairman, Byung-Joo Kim, will not attend the emergency inquiry into the Homeplus crisis scheduled by the National Assembly’s Political Affairs Committee. Kim stated he does not participate in the management of individual portfolio companies like Homeplus, where investment has been completed. The inquiry is in response to MBK’s controversial decision to apply for corporate rehabilitation to normalize Homeplus before a liquidity crisis began, a move criticized as an attempt to avoid owner responsibility and prevent investment loss.
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Auto-posted at: 2025-03-14 21:05:08