CJ Group Company Shares Take a Beating on News of Investigation
CJ Group Company Shares Take a Beating on News of Investigation
  • Korea IT Times (info@koreaittimes.com)
  • 승인 2013.05.27 19:20
  • 댓글 0
이 기사를 공유합니다


SEOUL, KOREA - With the public prosecutor's office's investigation on CJ Group over a suspicion on overseas slush funds intensifying, the share prices of the group companies are taking quite a beating. As of 9:13 am on May 24, CJ Corp. is trading at 122,000 won, down 1.21 percent from the previous day's 123,500 won.
 
All other shares such as those of CJ CheilJedang (-0.53%), CJ CGV (-2.46%), CJ Seafood (-1.32%), CJ O Shopping (-0.41%), CJ FreshWay (-2.22%), and CJ HelloVision (-0.85%) fell on the same day. CJ Group has been under investigation for bringing several million dollars to Korea from US$7-million slush funds it had allegedly stashed away in an offshore account.
 
Separately Korea's National Tax Service set out its own investigation on CJ Foodville, a CJ Group company specializing in food franchises such as Tous Les Jours and VIPs with 2,000 locations in eight countries. The Seoul Central Public Prosecutor's Office has been investigating the group and the family of its owner and chairman Lee Jay-Hyun for creating the slush funds and evading taxes.

댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • ABOUT
  • CONTACT US
  • SIGN UP MEMBERSHIP
  • RSS
  • 2-D 678, National Assembly-daero, 36-gil, Yeongdeungpo-gu, Seoul, Korea (Postal code: 07257)
  • URL: www.koreaittimes.com | Editorial Div: 82-2-578- 0434 / 82-10-2442-9446 | North America Dept: 070-7008-0005 | Email: info@koreaittimes.com
  • Publisher and Editor in Chief: Monica Younsoo Chung | Chief Editorial Writer: Hyoung Joong Kim | Editor: Yeon Jin Jung
  • Juvenile Protection Manager: Choul Woong Yeon
  • Masthead: Korea IT Times. Copyright(C) Korea IT Times, All rights reserved.
ND소프트