-
6 days ago | 
bloomberglinea.com.br | Yoojung Lee |Gabrielle Ng |Maika Elan
Bloomberg — Depois de fazer fortuna na mineração de carvão e energia térmica com sua empresa Dong Hai, Pham Van Toan queria tentar algo diferente e mudou seus investimentos para empreendimentos de luxo há três anos. Isso inclui investir em um hotel com quase 600 quartos, adquirir um campo de golfe e comprar um superiate, que tem sido seu sonho há duas décadas.
-
1 week ago | 
bloomberg.com | Yoojung Lee |Gabrielle Ng
Azimut’s Grande 32M in Vietnam. (Bloomberg) -- After making a fortune in coal mining and thermal power with his Dong Hai Ltd., Pham Van Toan wanted to try something different and shifted his investments towards luxury ventures three years ago. That includes investing in a hotel with nearly 600 rooms, acquiring a golf course and buying a superyacht, which has been his dream for two decades.
-
1 month ago | 
news.bloomberglaw.com | Yoojung Lee |Filipe Pacheco |Haram Lim
Michael ByungJu Kim, one of Asia’s most prominent private equity tycoons, built his MBK Partners Ltd. into a regional powerhouse with marquee deals and tens of billions in assets under management. Now, a controversial bet on Homeplus, once the nation’s second-largest supermarket chain, has returned to haunt him. Prosecutors are probing whether Homeplus — with MBKP’s knowledge — issued short-term debt despite being aware that the retailer was veering toward a credit downgrade.
-
1 month ago | 
news.bloomberglaw.com | Yoojung Lee |Filipe Pacheco |Haram Lim
Michael ByungJu Kim, one of Asia’s most prominent private equity tycoons, built his MBK Partners Ltd. into a regional powerhouse with marquee deals and tens of billions in assets under management. Now, a controversial bet on Homeplus, once the nation’s second-largest supermarket chain, has returned to haunt him. Prosecutors are probing whether Kim’s firm misled investors by issuing short-term debt for Homeplus despite knowing the retailer was veering toward a credit downgrade.
-
1 month ago | 
bloomberg.com | Yoojung Lee |Filipe Pacheco |Haram Lim
Protesters including Homeplus employees rally against MBK Partners and the discount chain’s management on May 1. (Bloomberg) -- Michael ByungJu Kim, one of Asia’s most prominent private equity tycoons, built his MBK Partners Ltd. into a regional powerhouse with marquee deals and tens of billions in assets under management. Now, a controversial bet on Homeplus, once the nation’s second-largest supermarket chain, has returned to haunt him.
-
1 month ago | 
news.bloombergtax.com | David Ramli |Yoojung Lee
Many of the world’s richest family offices were planning to ramp up their investments in China despite the looming threat of a global trade war, according to a survey of UBS Group AG clients. The report - which based its findings on 317 family offices with an average of $1.1 billion in assets under management - showed that over a third of clans in the Middle East planned to increase their exposure to mainland China, as did 39% from the Asia-Pacific region. On average globally, 18% wanted to do so.
-
1 month ago | 
bloomberg.com | David Ramli |Yoojung Lee
(Bloomberg) -- Many of the world’s richest family offices were planning to ramp up their investments in China despite the looming threat of a global trade war, according to a survey of UBS Group AG clients. The report - which based its findings on 317 family offices with an average of $1.1 billion in assets under management - showed that over a third of clans in the Middle East planned to increase their exposure to mainland China, as did 39% from the Asia-Pacific region.
-
1 month ago | 
news.bloombergtax.com | Yoojung Lee |Hyonhee Shin
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
-
1 month ago | 
news.bloomberglaw.com | Yoojung Lee |Hyonhee Shin
Billionaire Michael ByungJu Kim has been barred from leaving South Korea as part of a probe by local prosecutors into a bond sale by one of the private equity investor’s portfolio companies. The restriction was confirmed by a spokesperson for Kim’s firm, MBK Partners Ltd., after Yonhap News reported that prosecutors had on May 17 executed a search and seizure warrant on Kim and obtained his mobile phone. Yonhap cited unidentified sources in the legal industry.
-
1 month ago | 
bloomberg.com | Yoojung Lee |Hyonhee Shin
Billionaire Michael ByungJu Kim has been barred from leaving South Korea as part of a probe by local prosecutors into a bond sale by one of the private equity investor’s portfolio companies. The restriction was confirmed by a spokesperson for Kim’s firm, MBK Partners Ltd., after Yonhap News reported that prosecutors had on May 17 executed a search and seizure warrant on Kim and obtained his mobile phone. Yonhap cited unidentified sources in the legal industry.
