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Read More »Lotte’s founder loses hotel board seat amid family feud
Bloomberg Shin Kyuk Ho, the 93-year-old founder of Korean-Japanese retail giant Lotte Group, has lost his board seat at the family-controlled conglomerate’s lodgings and duty-free sales unit Hotel Lotte Co. amid a leadership struggle between two of his sons. Shin’s term expired on March 28, Lotte Group said in a statement. He had been a board member since 1973, when …
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