KH Group was caught by aut...
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[Alpha Biz= Reporter Kim Minyoung] KH Group was caught by authorities after mobilizing affiliates to bid for the Alpensia resort. The Fair Trade Commission said today 17th that six companies belonging to the KH Group have detected collusion in an open bidding for the sale of Alpensia resort assets ordered by the Gangwon Development Corporation. Along with the correction order, the FTC will impose a fine of 51.04 billion won and file a complaint with the prosecution against KH FEELUX, KH Engineering amp; Construction, KH Gangwon Development, KH Farming and Fishing Industry and Chairman Bae Sang-yoon. The sale of Alpensia resort assets owned by Gangwon-do Development Corporation has been carried out in an open competitive bidding method since October 2020, but it has been auctioned off in four subsequent bids. The two private contracts in early 2021 also broke down. KH Group plotted collusion in April 2021 after obtaining information that the scheduled price would be reduced by 30% compared to the first bid in the fifth bid. In May of the same year, KH FEELUX set up KH Gangwon Development, a special purpose company, to win the Alpensia resort, and KH Eamp;C agreed to set up KH REITs to participate as a bridesmaid to prevent certain delays due to failure in bidding. 관련기사 ▶ Amazon, the worlds largest e-commerce company, has decided to ship free of charge to Korea. ▶ Hyundai Department Store decided to sell all of its home shopping shares to a holding company ▶ Celltrion is buying an additional 75 billion won worth of treasury stock ▶ Ha Jung-woo, head of NAVER AI LAB, said, “Securing AI sovereignty is very important, and government development measures and support are urgently needed.” ▶ IMM Private Equity PE officially announced that it will sell its stake in Pet Friends / 알파경제 Kim Minyoung Reporter |
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