Former Hyosung Corp. vice president Cho Hyun-moon held a press conference in Seoul to announce his decision to donate his entire inheritance to charity as a gesture to end the feud with his brothers. He introduced the "Danbit Foundation" and expressed his hope for his brothers' support in this initiative. Despite the inheritance left by his late father, Cho Suck-rai, and the ongoing legal disputes with his siblings, Hyun-moon emphasized his willingness to forgive and reconcile, reiterating his lack of interest in managing Hyosung. Furthermore, Cho expressed his intention to achieve complete independence from Hyosung and sought "affiliate separation" in accordance with the Fair Trade Act. He also expressed confusion and dissatisfaction with certain aspects of his father's will, seeking clarification through his lawyer and debunking reports about the will's execution being complete. Cho's main focus remains on establishing the Danbit Foundation and fostering reconciliation with his brothers, as per his late father's wishes.
Former Hyosung Corp. vice president Cho Hyun-moon held a press conference in Seoul to announce his decision to donate his entire inheritance to charity as a gesture to end the feud with his brothers. He introduced the "Danbit Foundation" and expressed his hope for his brothers' support in this initiative. Despite the inheritance left by his late father, Cho Suck-rai, and the ongoing legal disputes with his siblings, Hyun-moon emphasized his willingness to forgive and reconcile, reiterating his lack of interest in managing Hyosung. Furthermore, Cho expressed his intention to achieve complete independence from Hyosung and sought "affiliate separation" in accordance with the Fair Trade Act. He also expressed confusion and dissatisfaction with certain aspects of his father's will, seeking clarification through his lawyer and debunking reports about the will's execution being complete. Cho's main focus remains on establishing the Danbit Foundation and fostering reconciliation with his brothers, as per his late father's wishes.