KOREA WHO
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Chairman of JS Corporation
Hong Jae-sung
Clothing Entrepreneur and Notable "Super Ant" Investor, Completes Acquisition of Namsan Grand Hyatt Hotel
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Last Updated on Nov 28, 2024
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Chairman of JS Corporation
Copy Url : https://www.koreawho.com/profile/HongJaesung- Life Summary
Hong Jae-sung is the founder and Chairman of JS Corporation.
He was born in September 1954 in Seoul, South Korea.
After graduating from Kyungbock High School in Seoul, he briefly attended Seoul Institute of the Arts but did not complete his studies.
In 1981, he joined the American fashion company Circo International and worked as the head of its Korean branch.
In 1985, he established JS Corporation, a handbag manufacturing company, named after his English initials.
In 2014, JS Corporation merged with CHO Limited, and in 2020, it acquired Yakjin Trading Corporation, entering the knitwear manufacturing business.
He was also known as a "super ant" investor for his exceptional investment acumen, achieving significant profits through investments in companies like VirtualTek and Barunson.
#HongJaeSung #JSCorporation #KoreanEntrepreneur #HandbagManufacturer #KnitwearBusiness #FashionIndustry #Investor #SuperAnt #BusinessLeader #CorporateAcquisition
He was born in September 1954 in Seoul, South Korea.
After graduating from Kyungbock High School in Seoul, he briefly attended Seoul Institute of the Arts but did not complete his studies.
In 1981, he joined the American fashion company Circo International and worked as the head of its Korean branch.
In 1985, he established JS Corporation, a handbag manufacturing company, named after his English initials.
In 2014, JS Corporation merged with CHO Limited, and in 2020, it acquired Yakjin Trading Corporation, entering the knitwear manufacturing business.
He was also known as a "super ant" investor for his exceptional investment acumen, achieving significant profits through investments in companies like VirtualTek and Barunson.
#HongJaeSung #JSCorporation #KoreanEntrepreneur #HandbagManufacturer #KnitwearBusiness #FashionIndustry #Investor #SuperAnt #BusinessLeader #CorporateAcquisition
- Life Summary
- Career Highlights & Challenges
- · JS Corporation's Corporate Structure
- · Increased Orders from Key Clients Drive Strong Performance
- · Honored with Gold Tower Order of Industrial Service Merit at 38th Textile Day
- · KRW 3.7 Billion Paid as 2024 Interim Dividend
- · Rights Issue for Subsidiary 'PT JSCORP BOYORALI INDONESIA' Extended
- · Partial Sale of Yakjin Trading Stake
- · JS747 Acquired as Subsidiary, Completes Grand Hyatt Namsan Acquisition
- · Issuance of KRW 25 Billion Convertible Bonds
- · Yakjin Trading Acquisition, Entry into Apparel Business
- · Eldest Son Hong Jong-hoon Promoted to Vice President
- · History of JS Corporation
- Vision and Goals
- Market and Social Evaluation
- Notable Incidents & Legal Affairs
- Professional Timeline
- Educational Background
- Family & Personal Connections
- Awards & Recognitions
- Additional Information
- Notable Quotations
- Infographic & Photos