capital_market__4

May 19th, 2015
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The market oriented economic and investment policies introduced across the board in the late 1980s and early 1990s created a conducive environment for the capital market in Pakistan. To enhance the status of the capital market as per international standard, the successive governments took a number of unprecedented measures including modernization of its basic infrastructure.

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In 1938, Lee Byung-chull (19101987) of the large landowning family in the Uiryeong county came to the nearby Daegu city and founded Samsung Sanghoe (), a small trading company with forty employees located in Su-dong (now Ingyo-dong). It dealt in groceries produced in and around the city and produced noodles itself. The company prospered and Lee moved its head office to Seoul in 1947. When the Korean War broke out, however, he was forced to leave Seoul and started a sugar refinery in Busan as a name of Cheil Jedang. After the war, in 1954, Lee founded Cheil Mojik and built the

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