Today, the 20th Anniversary Memorial Ceremony for Asan Jeong Ju-young, Owner Family Expected to Gather

Bust of Asan Jeong Ju-young at Hyundai Motor Group Gyedong Building

[Asia Economy Reporter Changhwan Lee] On the 20th anniversary of the passing of Asan Jeong Ju-young, Honorary Chairman of Hyundai, the extended Hyundai family will gather at Honorary Chairman Jeong's residence in Cheongun-dong, Jongno-gu, Seoul.

According to Hyundai Motor Group on the 20th, a memorial rite is scheduled to be held on the evening of the day before the 20th anniversary at the former residence in Cheongun-dong.

The memorial rite is expected to be attended by Jeong Mong-jun, Chairman of the Asan Foundation and son of Honorary Chairman Jeong, Jeong Mong-yoon, Chairman of Hyundai Marine & Fire Insurance, and Jeong Eui-sun, Chairman of Hyundai Motor Group and eldest grandson.

Jeong Mong-gu, Honorary Chairman of Hyundai Motor Group, is expected to be absent again this year, as he was last year.

This year's memorial event is expected to be held simply in consideration of the COVID-19 spread situation. According to quarantine guidelines, the memorial rites will be conducted at different times by group.

The annual visit to the ancestral graves in Changwoo-dong, Hanam-si, Gyeonggi-do, by the extended Hyundai family members and group executives around the anniversary of Asan is also expected to be scaled down.

Chairman Jeong Eui-sun and other groups are known to plan to visit the ancestral graves around the 21st.

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