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HDC faces fine, prosecution referral in South Korea unfair support case

By Jenny Lee ( April 8, 2026, 06:07 GMT | Insight) -- HDC, the holding company of South Korea’s HDC group, has been fined about 17.1 billion won ($11.6 million) and referred to prosecutors by the country’s antitrust watchdog for an unfair support violation after disguising long-term financial support to its affiliate I’Park Mall as a lease transaction.HDC, the holding company of South Korea’s HDC group, has been fined about 17.1 billion won ($11.6 million) and referred to prosecutors by the country’s antitrust watchdog for an unfair support violation after disguising long-term financial support to its affiliate I’Park Mall as a lease transaction....

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