AK Holdings

AK Holdings is a pure holding company, meaning it owns stakes in other businesses rather than operating any business of its own, and draws its income from dividends, management advisory fees, and trademark royalties paid by its subsidiaries.

Those subsidiaries span chemicals, household goods and cosmetics, air transport, department-store retail, and real estate development. Listed on KOSPI, Korea's main stock exchange, it controls six subsidiaries under Korean fair-trade law, which defines and regulates holding-company structures.