Dongwon Loex
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Other Investors | AliveAbout Dongwon Loex
Dongwon Loex is a logistics company that provides optimum logistics services. The company specializes in ground transportation, stevedoring, warehousing, overseas logistics business, and logistics consulting. It is based in Seoul, South Korea.
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Latest Dongwon Loex News
Nov 2, 2022
Dongwon Industries reborn as holdings company after 53 years Korea's No.1 tuna chain and Dongwon Enterprise conclude merger in a corporate relaunch By Dongwon Industries on the same day scheduled a board meeting to finalize the merger. The merger means 6,318,892 new shares will be issued on Nov. 16. Also at Wednesday's meeting, Dongwon Industries CEO Lee Myoung-woo will be named the new company's chief of business affairs and Dongwon Enterprise CEO Park Moon-su will supervise holdings. External director Kim Joo-won will be appointed board chairman. Dongwon Industries was founded in 1969 as the flagship company of Dongwon Group. As a result of the merger, Dongwon Industries will incorporate as subsidiaries Dongwon Enterprise affiliates Dongwon F&B and Dongwon Systems. Dongwon Industries' logistics affiliate Dongwon LOEX and the American tuna brand StarKist are also sub-subsidiaries of the holding company. In a nutshell, major group affiliates now have simple horizontal structures centered on Dongwon Industries. This should bode well for the company's annual operating profit, which is expected to nearly double from 260 billion won to 510 billion won, and growth of its fund liquidity. A company source said, "To streamline the unproductive work environment of Dongwon Industries, which played the role of intermediate holding company with Dongwon Enterprise, the merger has set as its ultimate goal the creation of a system for making faster business decisions for core affiliates such as sub-subsidiaries Dongwon LOEX and StarKist. "Â "The change in business ownership will enable the company to quickly make large-scale investment in future growth business lines of its affiliates." Write to Kyeong-Je Han at hankyung@hankyung.com 4 Min read 3 Min read 2 Min read
Dongwon Loex Frequently Asked Questions (FAQ)
Where is Dongwon Loex's headquarters?
Dongwon Loex's headquarters is located at 9th floor of Dongwon Industrial Building, Seoul.
What is Dongwon Loex's latest funding round?
Dongwon Loex's latest funding round is Other Investors.
Who are the investors of Dongwon Loex?
Investors of Dongwon Loex include Q Capital Partners.
Who are Dongwon Loex's competitors?
Competitors of Dongwon Loex include acrossB and 4 more.
Compare Dongwon Loex to Competitors
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