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Harim absorbs HBC under prosecution probe, sparking row over escaping liability

It has been revealed that Harim absorbed and dissolved its wholly-owned subsidiary, HBC, which was under investigation by the prosecution, prior to any indictment. HBC is a corporate entity that was being investigated over allegations of overreceiving culling compensations for Avian Influenza (AI). Although Harim publicly disclosed the purpose of the merger..

FSS warns securities firms over risky, concentrated investments
Amid growing volatility in domestic and global stock markets, South Korea’s Financial Supervisory Service (FSS) has urged securities firms to refrain from..

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