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Topic: Chung Mong-hun

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Chung Mong-hun - Wikipedia, the free encyclopedia Chung Mong-hun (September 14, 1948 - August 4, 2003) was the 5th son of Chung Ju-yung, the founder of the South Korean Hyundai conglomerate. After the death of his father, he took over part of his father's role and became the chairman of Hyundai Asan, the company in charge of various business ventures between North and South Korea. en.wikipedia.org /wiki/Chung_Mong-hun   (112 words)

Telegraph News Chung Mong Hun Chung Mong Hun, who committed suicide on August 4, aged 55, by throwing himself from the 12th floor of his office building in Seoul, was the head of Hyundai, the once mighty but now deeply troubled South Korean industrial group. Chung Mong Hun was born in Seoul in 1948, and graduated in Korean literature from Yonsei University, where his contemporaries nicknamed him "country bride" for his excruciating shyness. The octogenarian Chung Ju Yung's first response in December 1997 was to name Mong Hun as a co-chairman of the group alongside the eldest of the six sons, Chung Mong Koo - known as "the bulldozer" and the head of the group's automotive businesses. www.telegraph.co.uk /news/main.jhtml?view=DETAILS&grid=&targetRule=10&xml=%2Fnews%2F2003%2F08%2F19%2Fdb1903.xml   (744 words)

CNN.com - Tragic demise of Hyundai heir - Aug. 5, 2003 Chung Mong-hun was once the "crown heir" of the vast Hyundai conglomerate his late father had built from scratch into South Korea's largest business empire. Chung Mong-hun frequently visited North Korea, meeting top North Korean leaders. Another of his sons, Hyundai Heavy Industries chief Chung Mong-joon, was himself a candidate for president in last year's elections before bowing out of the race. edition.cnn.com /2003/WORLD/asiapcf/east/08/04/monghun.profile   (603 words)

obits.com, The Internet Obituary Network, Obituary for Chung Ju-Yung Chung finally intervened when the squabble began to affect the company's finances: Elder son Mong Koo was made chair of the Hyundai Motor Group, his next son Mong Jun was appointed head of the Hyundai Heavy Industries Corporation, and Chung brought in his son Mong Hun to oversee the electrical division. In 1982, Chung's first born son and the traditional heir to the leadership position of his business empire, Chung Mong Pi, was killed in an automobile accident, a tragedy worsened by a first bout of squabbling among Chung's sons over the future of the family fortune. Chung's campaign loss had deeper effect than a disappointing show of voter support: Chung was subject of an investigation by the new government, which placed an ongoing tax audit on his companies and found him guilty of charges of campaign impropriety, using some $81 million of Hyundai funds to finance his presidential campaign. www.obits.com /chungjuyung.html   (1255 words)

Hyundai boss refuses to step down Hyundai Motor Co. Chairman Chung Mong-ku has defied his father's decision and refused to step down, raising serious questions about decision-making at South Korea's largest conglomerate. In a surprise move ast week, the senior Chung announced the retirement of himself and his two sons - Mr Mong-ku and Mr Mong-hun - from Hyundai management posts. The revolt by the eldest son of Chung Ju-yung, founder and honorary chairman of Hyundai Group, was highly unusual in South Korea's Confucian business culture, in which the head of the owner-family makes all important decisions. www.drive.com.au /editorial/article.aspx?id=1526&vf=1   (458 words)

Aljazeera.Net - Top Korean businessman commits suicide Chung Mong-hun jumped from his 12th-story office in the Hyundai headquarters building in central Seoul. Chung Mong-hun was being investigated for fudging company books Chung was a son of Chung Ju-young, the late founder of Hyundai, and had been leading Hyundai-Asan, a Hyundai subsidiary that runs a series of joint ventures with communist North Korea. english.aljazeera.net /NR/exeres/9D677F76-3287-4BCC-BB73-1622CAB0C0AD.htm   (537 words)

Hyundai-topman pleegt zelfmoord Chung Mong-hun was de bestuursvoorzitter van Hyundai Asan, een dochterbedrijf dat zich bezighoudt met investeringen in het communistische Noord-Korea. Chung was ruim een maand geleden aangeklaagd vanwege het smeergeldschandaal in 2000, samen met nog zeven andere verdachten uit de politiek en het bedrijfsleven. Chung raakte na de dood van zijn vader verwikkeld in een strijd om de macht bij Hyundai, dat ernstig te lijden had onder de AziÎ-crisis in de jaren negentig. www.parool.nl /artikelen/NIE/1059974769083.html   (778 words)

CBC News:Hyundai executive awaiting trial commits suicide Chung Mong-hun was chairman of Hyundai Asan Co., a subsiduary of the Hyundai conglomerate. Chung was indicted in June on charges of false accounting following the transfer of half a billion dollars to North Korea on the eve of an historic inter-Korean summit three years ago. He was the son of the legendary founder of the Hyundai business group and was trying to pursue his vision of reconciliation with communist North Korea through fostering business ties. www.cbc.ca /stories/2003/08/04/skorea_suicide030804   (226 words)

Chung Mong Hun --  Encyclopædia Britannica "Chung Mong Hun." Britannica Book of the Year, 2004 from Encyclopædia Britannica Premium Service. The lower lip of the chung often arcs somewhat between slight points at either side of the elliptical section of the bell; the sides are slightly convex or flat in profile and slope gently to a flat top, where a lug (ear-shaped protuberance) of greater or lesser elaboration is... She was born Constance Yu-Hwa Chung in Washington, D.C. Chung appeared on Columbia Broadcasting System (CBS) newscasts in 1970s, and she was an anchor for the National Broadcasting Company (NBC) in the 1980s. www.britannica.com /eb/article-9397167   (645 words)

News for August 2003 Chung Mong-hun was on trial on charges stemming from allegations his company helped former President Kim Dae-jung's government secretly pay North Korea $100 million to get Pyongyang to agree to the summit. Chung Mong-hun has hoped that his North Korean ventures, first initiated by his late father, would eventually prosper and help his company recover. Chung Mong-hun was indicted in June for falsifying company books. www.freeserbia.net /Documents/2003/August.html   (2365 words)

Asiaweek.com Business: A Battle of Brothers 4/7/2000 Chung's surprising response was to elevate his fifth son, Mong Hun, chairman of Hyundai's electronics subsidiary, to become group co-chairman. Mong Hun is expected to claim the flagship construction subsidiary, plus heavy industries and finance, for himself. Mong Hun knew that the Diamond Mountain tourism deal with the North would cost the company millions, yet he sided with his father anyway. www.asiaweek.com /asiaweek/magazine/2000/0407/biz.battle.html   (1326 words)

Asiaweek.com Business: Of Father And Sons 6/16/2000 At 4 p.m., Chung Mong Koo, known to his employees affectionately as MK, announced that he was not going to resign as chairman of Hyundai Motors Co. and Kia Motors Corp. At 6:30 the next morning, he met with Hyundai Motor and Kia directors and got a unanimous endorsement to stay on as chairman. CHUNG MONG HUN, 52, is the sixth son whom the founder named group co-chair in late 1997. By contrast, younger brother Chung Mong Hun, called MH in Hyundai, dutifully announced -- also in a handwritten note -- his resignation from all but one of his positions in the chaebol, including the group chairmanship. www.asiaweek.com /asiaweek/magazine/2000/0616/biz.hyundai1.html   (1941 words)

Repubblica.it/economia: Suicida capo della Hyundai Travolto da debiti e mazzette Chung Mong Hun si era difeso dalle accuse sostenendo che la somma serviva a pagare i diritti esclusivi per una serie di progetti industriali e turistici della Hyundai in Corea del Nord. E' morto così, Chung Mong Hun, 54 anni, uno dei figli del fondatore del colosso industriale e finanziario Hyundai e presidente di una società, piena di debiti, per lo sviluppo turistico della località climatica e scenografica nordcoreana del monte Kumgang. Chung Mong Hun si è gettato dal grattacielo della compagnia www.repubblica.it /2003/h/sezioni/economia/giappone/giappone/giappone.html   (447 words)

Asia Times -Tycoon's suicide a blow to business ties "Chairman Chung Mong-gu reconfirmed his opposition after hearing about his brother's death." Chung's hope was that with an overland tourism route to Mount Geumgang, more South Koreans would go to North Korea and this would spark greater economic ties between the two Koreas. Chung admitted most of the accusations that he tried to hide proof that he sent US$100 million to North Korea through South Korean politicians, who used the money to persuade North Korean leader Kim Jung-il to hold a historic summit in June 2000 with then South Korean president Kim Dae-jung. www.atimes.com /atimes/Korea/EH15Dg03.html   (1084 words)

Repoland.com Chung Mong-hun, chairman of Hyundai Asan Co., a company that focuses on business projects in the North, killed himself at about 6 a.m. Mong-hun was the younger brother of current Hyundai Motors chairman Chung Mong-koo. Chung was also being investigated for alleged doctoring of company books and siphoning billions of dollars into slush funds. www.repoland.com /print.php?sid=189&REPOMAN=762b2f8b560f944e8501682c44f896e1   (347 words)

Feature: Hyundai's fate in doubt after CEO "The Hyundai Group is most likely to suffer major troubles in management in the absence of Chairman Chung Mong-hun," said Cho Sok-hyun, an economist at Hanhwa Securities. Chung, the chairman of Hyundai Asan Corp. that operates the unprofitable projects in North Korea, fell from the 12th floor of Hyundai's headquarters in central Seoul, police said, adding his body was found dead on the ground. Some business leaders called Chung the "scapegoat of a political scandal." The Hyundai chief was involved in a scandal in which the Seoul government secretly transferred $500 million to North Korea in an alleged bid to stage the first-ever inter-Korean summit in 2000. quickstart.clari.net /qs_se/webnews/wed/cr/Ukorea-hyundai.RSUc_Da4.html   (972 words)

TIME Asia Magazine: Requiem For A Policy -- Aug. 18, 2003 The three suicide notes Chung Mong Hun, 54, left on his desk beside his watch and glasses before leaping from the window of his 12th-floor office last week provided few clues to his motives. Chung, one of eight sons of the late Chung Ju Yung, pioneering chaebolist and founder of the Hyundai group, had been demoted in the Hyundai empire from group chairman to overseer of Hyundai Asan, the subsidiary that specializes in tourism and industrial investments in North Korea. Chung, a shy man whose passion was to bring the two Koreas together through commerce, took these setbacks personally. www.time.com /time/asia/magazine/article/0,13673,501030818-474516,00.html   (547 words)

Guardian Unlimited Special reports Chung Se-yung On August 4 2003, Chung Mong-hun jumped to his death from his 12th-floor office, while facing embezzlement charges linked to secret payments to Pyongyang. He leaves his wife, Park Young-ja, a son, Chung Mong-gyu, who chairs Hyundai Development, and two daughters. Chung Se-yung, who has died of pneumonia aged 76, was one of the last and most successful of the older generation of South Korean tycoons. www.guardian.co.uk /korea/article/0,2763,1490840,00.html   (701 words)

PM - Hyundai Asan chairman, Chung Mong-Hun commits suicide Chung Mong-Hun was the Chairman of Hyundai Asan — one part of the giant Hyundai conglomerate. PM - Hyundai Asan chairman, Chung Mong-Hun commits suicide JOHN TAYLOR: Chung Mong Hun fell from the 12th floor of Hyundai's Seoul headquarters before six o'clock, this morning. www.abc.net.au /pm/content/2003/s917158.htm   (588 words)

Asia Times: Time for the Hyundai Group to take stock His sons include the eldest child Chung Mong-koo, chairman of the Hyundai Motor Group, the fifth son Chung Mong-hun, the de facto chairman of the Hyundai Group, and the sixth son Chung Mong-jun, advisor to Hyundai Heavy Industries. He also said that with Chung Mong-koo and Chung Mong-joon having taken steps to solidify their management positions from hostile takeovers, investors' worries about unstable leaderships will not materialize in the near future. Chung' death is expected to cast a deeper shadow on the prospects of the financially troubled Hyundai Group, which although it has assets of 106 trillion won (US$802 billion) sank into an acute liquidity crisis last year in the wake of a severe sibling dispute over the control of the group's chairmanship. www.atimes.com /koreas/CC23Dg01.html   (1330 words)

Family feud sours Hyundai deal Mr Chung Mong-hun yesterday confirmed he was stepping down as president of Hyundai's contractor and electronics units and as a director of Hyundai Motor, Hyundai Corp, Hyundai Elevator and Hyundai Information Technology in order to carry on with Hyundai Group projects in North Korea, which now include a tourism business and construction projects. Mr Chung also said that he would relinquish his position and that his two sons, Mr Mong-hun, chairman of the main business group, and Mr Mong-ku, chairman of Hyundai Motor, would resign as well. The changes announced on Wednesday by the Hyundai chairman and family patriarch, Chung Ju-yung, were designed in part to allay investor anxieties about Hyundai's future. www.drive.com.au /editorial/article.aspx?id=1523&vf=1   (406 words)

chung Chung Mong-hun - Chung Mong-hun (In official transliteration: Jeong Mong-heon ; Hangul: 정몽헌; Hanja: 鄭... Chung Ju-yung - Chung Ju-yung (In RR: Jeong Ju-yeong ; Korean ; 1915-2001)... Gillian Chung - Gillian Chung Gillian Chung (鍾欣桐 Chung Yan-Tung) is a member of the CPop group Twins alongside Charlene Choi. www.serebella.com /search/topic-chung.html   (283 words)

NAPSNet Daily Report, Friday, August 8, 2003 Agence France-Presse ("SOUTH KOREANS PAY LAST RESPECTS TO HYUNDAI CHAIRMAN," 08/08/03) reported that the ROK paid its final respects to Chung Mong-Hun, the Hyundai executive who killed himself this week while under investigation over illicit money transfers to the DPRK. Relatives including his brothers Hyundai Motor Chairman Chung Mong-Ku and Hyundai Heavy Industries chairman Chong Mong-Jun shed tears as the coffin was lowered into the grave Many wept at the memorial service at a Seoul hospital as Chung's coffin was loaded into a black limousine for the short journey to the Chung family cemetery in the eastern suburbs of the city where he was later buried. www.nautilus.org /archives/napsnet/dr/0308/AUG08-03.html   (3662 words)

KeepMedia BusinessWeek: HYUNDAI'S FIX So when Hyundai Group Chairman Chung Mong Hun paid Korea Exchange Bank a visit on May 26, faster than you can say asset-shuffle, jittery investors were dumping the company's stock. Chung had indeed gone hat in hand to the bank for $88 million to shore up Hyundai's construction and shipping units. Next day, investors learned that the chaebol's construction arm had requested $176 million from four other lenders and had told two investment trusts to roll over $265 million in Hyundai commercial paper. keepmedia.com /pubs/BusinessWeek/2000/06/12/22603?extID=10037&oliID=229   (231 words)

MİLLİYET İNTERNET - DÜNYA Chung Mong - hun'un cesedini, sekreteri yerel saatle sabah 6.00'da şirket binasının önünde buldu. Ancak Chung Mong - hun'un suçlamalara hedef olması önlenemedi. 54 yaşındaki Chung Mong - hun, ülkesiyle Kuzey Kore arasında 2000 yılında düzenlenen zirveye katılması için Kuzey Kore'ye 500 milyon dolar "rüşvet" vermekle suçlanıyordu. www.milliyet.com.tr /2003/08/05/dunya/dun01.html   (251 words)

Daimnation!: Another triumph for the "Sunshine Policy" Chung Mong-hun, Chairman of South Korea's Hyundai Group, committed suicide yesterday. [Chung] was awaiting trial on charges of having helped the South Korean government transfer $100m of secret funds to North Korea shortly before the historic inter-Korean summit in June 2000. (By the way, the Hyundai corporation controlled by Chung is not the same Hyundai that builds cars. www.damianpenny.com /archived/001440.html   (224 words)

Welcome To Korea Now !!!-Business & Finance ¡ãChung Mong-koo (right), chairman of Hyundai Motor Co., stands with his younger brother Chung Mong-hun, de facto owner of the Hyundai Group, after agreeing to support the financially-troubled Hyundai Engineering and Construction Co. on Nov. 16. However, business analysts said that the creditors' acceptance of the ailing company's plan is only the beginning of a long, uphill battle to save the company which Chung Mong-hun won managerial rights to in a fraternal fight that began in April. The builder's owner, Chung Mong-hun, second son of Hyundai Group founder Chung Ju-yung, sought help from his estranged older brother, Chung Mong-ku, who runs Hyundai Motor Co. kn.koreaherald.co.kr /SITE/data/html_dir/2000/11/18/200011180017.asp   (1461 words)

NameTraq Last Name: Mong Chung is an uncle-in-law of Hyundai Group chairwoman Hyun Cheong-eun, who inherited control from her late husband, Chung Mong-hun. Chung Mong-hun, former chairman of Hyundai Group, jumped to his death from his 12th-floor office in Seoul while awaiting trial for his role in arranging the... Chung Mong-koo, Hyundai Motor Group chairman, was ranked second and Koo Bon-moo, LG Group chairman, came third. www.nametraq.org /Jan04/M/Mong.shtml   (2606 words)

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