LH CEO offers to resign as more faulty apartments found


Lee Han-joon, the CEO of the Korea Land and Housing Corp., speaks at a press conference at the LH headquarters in Seoul on Friday. (Yonhap)

SEOUL: The CEO of the state-run Korea Land and Housing Corp (LH) offered to resign last Friday amid the growing controversy over its lax oversight and poor management of apartment complexes with missing critical structural components.

CEO Lee Han-joon said he was also belatedly informed the firm omitted five apartment complexes from its inspection report on compounds with underground parking lots built using a flat plate method.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Philippine stocks set for recovery
Beauty lovers turn to TikTok and Amazon
Pricey beans�brew consumer shift
Guiding rural Thais to prosperity
Asia rides the dollar dip
EM optimism after stellar year
Trump travel ban adds to Caribbean woes
Bursa’s quiet year sets stage for comeback
Bull charges cautiously
Indonesia treads with care

Others Also Read