Search results for MGC Global
Industry
Homeplus Express bid takes new turn as Mega MGC Coffee operator emerges
The sale process for Homeplus\' SSM chain Homeplus Express has entered a new phase, with two buyers submitting letters of intent, industry sources said. Mega MGC Coffee operator MGC Global has also been mentioned as a potential bidder. Homeplus has not disclosed participants or terms, and additional submissions may still be possible. The company has highlighted Express as a quick-commerce hub, citing 293 stores and sales growth and EBITDA figures over four years.
Industry
Mega MGC Coffee signs MOU with CJ ENM on performance and cultural activities
MGC Global, which operates Mega MGC Coffee, said on Feb. 13 it signed a memorandum of understanding with CJ ENM on social contribution through performance and cultural activities. Executives from both sides attended a signing ceremony in Seoul on Feb. 12. The companies agreed to work to improve access to performances and cultural activities and provide cultural experiences to local communities and underprivileged groups. They plan a K-pop concert in May.
Telecommunications & Media
CJ ENM, MGC Global sign MOU for cultural social contribution
CJ ENM said on Thursday it signed a memorandum of understanding with MGC Global on social contribution through performances and cultural activities. Executives from both companies attended a signing ceremony at CJ ENM Center in Seoul. The partners said they will work to provide cultural experiences to local communities and marginalized groups and to narrow cultural gaps. Their first project is a K-pop concert planned for May.