TAEYOUNG
Investors
Corporate Governance
Board of Directors, Composition of BOD
| Classification | Position | Name | Appointment date | Term of office | Work |
|---|---|---|---|---|---|
| Executive Director | Chairman | Yoon Suk-mynn | ‘‘March,20 | 3 years | Chairman of the Board |
| CEO | Lee Jae-gyu | ‘March,18 | 3 years | Management General | |
| Vice-Chairman | |||||
| Outside Director | Director | Kim Myeong-seop | ‘March,18 | 3 years | Accounting / Tax Advisory |
| Director | Heo Jun-haeng | ‘March,18 | 3 years | Civil engineering consulting | |
| Director | Lee Jae-gu | ‘March,18 | 3 years | Management Consulting | |
| Director | Lee Myeong-jae | ‘March,18 | 3 years | Legal Risk Advisory |
Profiles of Independent Directors
| Classification | Education | Career |
|---|---|---|
| Kim Myeong-seop | Wonju Univ. (Economics) | Accountant & advisor, Gwanggyo Tax & Accounting Corp. |
| Heo Jun-haeng | Yonsei Univ. (Civil Engineering) | Prof. of Civil and Environmental Engineering, Yonsei Univ. |
| Lee Jae-gu | Seoul National Univ. (Economics) | Former Director General for Growth Infrastructure Policy, Ministry of Economy and Finance (MOEF) |
| Lee Myeong-jae | Korea Univ. (Law) | Representative Lawyer, BASIS Law Firm |
2018 Meetings of the Board
| Classification | Date | Agenda Item | Executive Director | Independent Director | |
|---|---|---|---|---|---|
| 1st of Directors |
2018. 1. 23 | No. 1 | Signing of a bridge loan for the Unicity Development (site and housing development) Project | 3 | 3 |
| 2st of Directors |
2018. 1. 30 | No. 1 | Founding of Seonbong Byeongyeong Inc. (tentative name) | 3 | 3 |
| No. 2 | Closure of the Vietnamese branch office | 3 | 3 | ||
| 3st of Directors |
2018. 2. 12 | No. 1 | Extension of a bridge loan for the Gwangmyeong KTX Station Area Development Project | 3 | 3 |
| 4st of Directors |
2018. 2. 21 | No. 1 | The 63rd issuance of publicly offered corporate bonds | 3 | 3 |
| 5st of Directors |
2018. 2. 23 | No. 1 | The 45th general meeting of shareholders | 2 | 2 |
| No. 2 | Approval of the 45th business report | 2 | 2 | ||
| No. 3 | Approval of the 45th financial statements and consolidated financial statements | 2 | 2 | ||
| No. 4 | Recommendation of director candidates | 2 | 2 | ||
| No. 5 | Recommendation of the Audit Committee member candidates | 2 | 2 | ||
| No. 6 | Establishing director compensation limits | 2 | 2 | ||
| 6st of Directors |
2018. 2. 27 | No. 1 | Selling shares of Gyeongju Enviro Inc. | 3 | 3 |
| 7st of Directors |
2018. 3. 23 | No. 1 | Appointment of the chairman of the Board of Directors | 3 | 2 |
| No. 2 | Appointment of the CEO | 3 | 2 | ||
| No. 3 | Commissioning of the setting of each individual director’s compensation | 3 | 2 | ||
| No. 4 | Appointment of members of the independent director recommendation committee | 3 | 2 | ||
| 8st of Directors |
2018. 3. 27 | No. 1 | Signing of a project financing agreement for the Changwon Unicity Commercial Facilities Development Project | 3 | 2 |
| No. 2 | Signing of a project financing agreement for the ROK Army Yanggu & Inje Military Camp Facilities BTL Project | 3 | 2 | ||
| No. 3 | Payment of additional funds related to the Sosa–Wonsi Double-track Railway BTL Project | 3 | 2 | ||
| 9st of Directors |
2018. 3. 30 | No. 1 | Pre-approval of large-scale internal transactions for the 2nd quarter of 2018 | 3 | 2 |
| 10st of Directors |
2018. 4. 6 | No. 1 | Sinnae DESIAN PLEX Knowledge Industry Center Construction Project and the signing of a loan agreement related to the project | 3 | 3 |
| 11st of Directors |
2018. 4. 12 | No. 1 | Signing of a loan agreement to secure additional business expenses for the Dongdaemun Jangan Section 2 Reconstruction & Redevelopment Project | 3 | 3 |
| 12st of Directors |
2018. 4. 19 | No. 1 | Signing of a project financing agreement for the Unicity Site Development and Jung-dong Housing Development Project | 3 | 3 |
| No. 2 | Signing of an intermediate payment loan agreement for the Gwangmyeong KTX Station Area Development Phase 2 Project | 3 | 3 | ||
| 13st of Directors |
2018. 4. 24 | No. 1 | Jeo-dong Section 2 Hotel Development Project and the signing of a loan related to the project | 3 | 3 |
| 14st of Directors |
2018. 5. 8 | No. 1 | Signing of a project financing agreement for the Gwangmyeong KTX Station Area Development Phase 2 Project | 3 | 3 |
| 15st of Directors |
2018. 5. 11 | No. 1 | Participation in the paid-in capital increase of Inner City Development Inc. | 3 | 3 |
| No. 2 | Participation in the paid-in capital increase of Inje Speedium Inc. (1st round of 2018) | 3 | 3 | ||
| 16st of Directors |
2018. 5. 23 | No. 1 | Signing of a loan agreement to secure additional relocation expenses for the Hyochang Section 6 Housing Redevelopment Project | 3 | 3 |
| No. 2 | Signing of an intermediate payment loan agreement for the Hogye DESIAN PLEX Knowledge Industry Center Construction Project | 3 | 3 | ||
| 17st of Directors |
2018. 5. 29 | No. 1 | Signing of a loan agreement for the Myeong-dong Cheonghwi Building Remodeling Project | 13 | |
| No. 2 | Signing of a project financing agreement for the Jeonju Inhu Housing Development Project | 3 | 3 | ||
| No. 3 | Selling shares related to SK Group | 3 | 3 | ||
| 18st of Directors |
2018. 6. 18 | No. 1 | Signing of an intermediate payment loan agreement for the Seoungsu-dong Knowledge Industry Center Construction Project | 13 | |
| 19st of Directors |
2018. 6. 22 | No. 1 | Refinancing the operational loan obtained from Korea Development Bank | 13 | |
| 20st of Directors |
2018. 6. 27 | No. 1 | Signing of a project financing agreement for the Jeonju Ecocity 3BL Rental Housing Development Project | 3 | 3 |
| No. 2 | Buying shares of TSK Water Corp. | 3 | 3 | ||
| No. 3 | Pre-approval of large-scale internal transactions for the 3rd quarter of 2018 | 3 | 3 | ||
| 21st of Directors |
2018. 7. 5 | No. 1 | Pangyo 7-3BL Business Hotel Construction Project and the signing of a loan agreement related to the project | 3 | 3 |
| No. 2 | Signing of an intermediate payment loan agreement for the Sejong 6-4 Life Zone Housing Development Project | 3 | 3 | ||
| No. 3 | Signing of a loan agreement to secure additional business expenses for the Gimpo Unyang Officetel Construction Project | 3 | 3 | ||
| 22st of Directors |
2018. 7. 13 | No. 1 | Signing of a project financing agreement for the Gimpo Unyang Housing Development (Phase 2) Project | 3 | 3 |
| No. 2 | Increasing credit limits for the secured loan of credit sales obtained from Shinhan Bank | 3 | 3 | ||
| 23st of Directors |
2018. 7. 19 | No. 1 | Signing of an intermediate payment loan agreement for the Bupyeong J-Tower III Knowledge Industry Center Development Project | 3 | 3 |
| 24st of Directors |
2018. 7. 23 | No. 1 | Selling shares of Korea Investment Holdings | 3 | 3 |
| 25st of Directors |
2018. 7. 25 | No. 1 | Signing of an intermediate payment loan agreement for the Gwangmyeong KTX Station Area Development Phase 2 Project | 3 | 3 |
| 26st of Directors |
2018. 8. 1 | No. 1 | Signing of an intermediate payment loan agreement for the Hanam Gamil B6, C2, C3 BL Housing Development Project | 3 | 3 |
| 27st of Directors |
2018. 8. 24 | No. 1 | 2018 Management performance and yearly estimate | 2 | 3 |
| No. 2 | 2018 Construction capability ranking | 2 | 3 | ||
| No. 3 | Operation of the Board of Directors | 2 | 3 | ||
| 28st of Directors |
2018. 8. 29 | No. 1 | Joint guarantee for long-term operating funds by Shinhan Bank | 3 | 3 |
| 29st of Directors |
2018. 9. 20 | No. 1 | Signing of an asset backed loan (ABL) agreement for the Gwangmyeong KTX Station Area Development Phase 1 (Residential Area) Project | 3 | 3 |
| 30st of Directors |
2018. 9. 28 | No. 1 | Pre-approval of large-scale internal transactions for the 4th quarter of 2018 | 3 | 3 |
| 31st of Directors |
2018. 10. 4 | No. 1 | Credit exposure related to the project financing for the Busan Bujeon Officetel Project | 3 | 3 |
| 32st of Directors |
2018. 10. 15 | No. 1 | Paju Wunjeong Housing Development Project and the signing of a loan agreement related to the project | 3 | 3 |
| No. 2 | Approval of large-scale internal transactions for the 1st and 2nd quarter of 2018 | 3 | 3 | ||
| 33st of Directors |
2018. 10. 19 | No. 1 | Selling shares of Pocheon Power Co., Ltd. | 3 | 3 |
| No. 2 | Credit exposure related to the project financing for the Busan Seomyeon Officetel Project | 3 | 3 | ||
| No. 3 | Approval of public announcement content related to large-scale internal transactions (goods & services) | 3 | 3 | ||
| 34st of Directors |
2018. 11. 12 | No. 1 | Signing of an intermediate payment loan agreement for the Sinnae DESIAN PLEX Knowledge Industry Center Construction Project | 3 | 3 |
| No. 2 | The 64th issuance of publicly offered corporate bonds | 3 | 3 | ||
| 35st of Directors |
2018. 11. 19 | No. 1 | Signing of a loan agreement for the Bupyeong J-Tower III Knowledge Industry Center Development Project | 3 | 3 |
| 36st of Directors |
2018. 11. 22 | No. 1 | Refinancing the operational loan obtained from Korea Development Bank | 3 | 3 |
| 37st of Directors |
2018. 11. 29 | No. 1 | Credit exposure related to the special purpose company (SPC) refinancing agreement for the Guri–Pocheon Expressway BTO Project | 3 | 3 |
| 38st of Directors |
2018. 11. 29 | No. 1 | Signing of an amended shareholders’ agreement for the Daegu 4th Beltway (Sangin–Beommul Section) BTO Project | 3 | 3 |
| No. 2 | Suyu-dong Mixed-Use Residential Building Construction Project and the signing of a loan agreement related to the project | 3 | 3 | ||
| 39st of Directors |
2018. 12. 21 | No. 1 | Approval of the 2019 business plan | 3 | 3 |
| No. 2 | Amendment of the internal accounting control management rules | 3 | 3 | ||
| 40st of Directors |
2018. 12. 27 | No. 1 | Founding of Goseong Hangajok Byeongyeong Inc. (tentative name) | 3 | 3 |
| No. 2 | Signing of an intermediate payment loan agreement for the Gimpo Unyang Housing Development (Phase 2) Project | 3 | 3 | ||
| No. 3 | Approval of large-scale internal transactions for the 1st quarter of 2019 and the year 2019 | 3 | 3 |
