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LH chief-resignation

Chief of state housing developer offers to resign SEOUL, Aug. 11 (Yonhap) — The chief of South Korea’s housing developer has offered to resign, becoming the first previous-government appointed head of a major state-run company who has expressed intent to step down since the Yoon Suk-yeol administration took office in May. Last week, Chief Executive Officer Kim Hyun-jun of Korea Land and Housing Corp. (LH) expressed his intention to step down to the Ministry of Land, Infrastructure and Transport, an official of the company said.