Yoon Chun-sung, CEO of LG Sangsa, "Will Continuously Secure Future Growth Engines"
Regular 67th General Shareholders' Meeting Held at Jongno Police Station on the 26th
[Asia Economy Reporter Kim Ji-hee] Yoon Chun-sung, CEO of LG Sangsa, emphasized, "This year, we will strengthen operational competitiveness and advance the profitability structure of our core businesses such as palm and coal, solidifying profitability and stability, while continuously securing future growth engines."
At the 67th regular shareholders' meeting held on the 26th at the LG Gwanghwamun Building in Jongno-gu, Seoul, CEO Yoon stated, "Although the business environment is expected to continue facing significant uncertainty and volatility in the global economy this year, we will overcome this by discovering differentiated customer value."
He added, "We will focus our capabilities on securing LG Sangsa's unique sustainable growth model. Centered on Southeast Asia, including Indonesia, we will proactively identify customers' pain points and secure future growth engines through the development and provision of innovative solutions to address them."
At the LG Sangsa shareholders' meeting that day, all agenda items, including approval of the 67th financial statements and consolidated financial statements, appointment of outside directors, appointment of audit committee members, and approval of director remuneration limits, were passed as originally proposed. Outside director Lee Won-woo, a professor at Seoul National University School of Law, was reappointed, and Chae Soo-il, CSO of Do AI, was newly appointed. They were reappointed and newly appointed, respectively, as members of the audit committee.
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CEO Yoon said, "Last year was a year in which we eliminated potential loss factors in investment assets, strengthened our business structure, and sold non-operating assets to solidify our financial structure and lay the foundation for new investments. This year, we will overcome the difficult market environment by discovering and providing differentiated customer value."
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