Park Yong-man, former chairman of Doosan Group. Hankook Ilbo file photo
The former Doosan Group Chairman Yong-man Park’s family will dispose of all stakes in Doosan. If Chairman Park, who previously stepped down from his position as chairman of the group, completely liquidates his stake in Doosan, it means that he will be completely separated from the Doosan Group.
According to the business and financial investment industry on the 23rd, former chairman Park Yong-man, his son Park Seo-won, former vice president of Oricom, and former executive director Park Jae-won of Doosan Heavy Industries & Construction, who owned 1,296,163 shares in Doosan, were predicting demand for after-hours block deals. went out The sale price per share is expected to be set at 103,000 to 107,500 won, with a discount rate of 8.1 to 12% applied to the closing price of 117,000 won on the day. Block deals are made before the market opens on the 24th.
At the end of last year, the three fathers resigned from all executive positions related to Doosan Group. Former Chairman Park effectively parted from the group when he stepped down as chairman of the Doosan Business Research Institute in November last year, and his two sons also stepped down from the group’s executive positions to focus on their specialties. A Doosan Group spokesperson said, “We do not know the reason for the sale of the stake because the former chairman Park’s family has all resigned from the group.” .
If the block deal is successful, the industry observes that it will secure about 140 billion won in funds. Some in the business world believe that former Chairman Park, who is known to have established a consulting firm Bel Street Partners, will use the funds for social contribution and startup growth. A Doosan Group official said, “At the time of November of last year, Doosan Management Research Institute Chairman Park Yong-man resigned from his position as Chairman of the Doosan Business Research Institute. there is a bar
Kim Hyung-jun reporter mediaboy@hankookilbo.com