Kwon Soon-ho, CEO of HDC Hyundai Development Company, "Let's Leap Forward as a Mobility Group"

[Asia Economy Reporter Inho Yoo]

Kwon Soon-ho, CEO of HDC Hyundai Development Company, stated in his New Year's message on the 2nd, "Let's complete the acquisition of Asiana Airlines smoothly and achieve rapid stabilization and integration to leap forward as a mobility group."

CEO Kwon said, "The economic uncertainties since 2020 will continue to be more complex and long-term than now," adding, "Let's move forward as the first year of a new leap based on strong fundamentals."

Among the three key tasks for this year, CEO Kwon first presented integration for the leap to a mobility group.

He emphasized, "The acquisition of Asiana Airlines is a turning point for the HDC Group that will not come again," and said, "With the expansion of the group's scope, we must focus on creating synergies among affiliates such as aviation, transportation, logistics infrastructure, hotels, resorts, power generation, and energy to diversify our business portfolio and proactively discover new value creation points."

He added, "The evolution into a comprehensive financial real estate company is also an unavoidable goal," and said, "Let's stabilize the portfolio at each business stage such as development, operation, holding, and sale through the practical use of real estate finance like REITs and infrastructure funds."

He urged the necessity of communication and empathy. CEO Kwon said, "Communication within HDC Group and HDC Hyundai Development Company, as well as with partner companies, customers, shareholders, and furthermore the local community, is all important," and added, "When empathy for the direction of change expands, integration with Asiana Airlines, the new member, will be achieved quickly."

Finally, CEO Kwon urged, "Let all executives and employees achieve integration and evolution with the spirit of daily renewal (日新又日新) toward rapid integration and transformation into a comprehensive financial real estate company."

This content was produced with the assistance of AI translation services.