Orion relocates its headquarters to Dogok, Gangnam District, Seoul, leasing land and buildings from Orion Holdings. The company will operate from Nambusunhwan-ro starting June 5, 2026, under a lease agreement running until December 31, 2031. The annual rent for the new location amounts to 13.767 billion won.
Orion Holdings’ heir seeks to identify and develop a new flagship product to rival Choco Pie, the company’s iconic snack. Orion Holdings currently owns a 37.37% stake in Orion, while the heir holds a 1.22% stake in Orion Holdings and a 1.23% stake in Orion directly. The move reflects a strategic push to sustain growth through innovation in its confectionery portfolio.
Orion Holdings invests $10.5 million into two biotech subsidiaries to accelerate its new business ventures. The funding, totaling approximately 15 billion won, supports expansion efforts in the biotech sector. The move aligns with the company’s strategic push into emerging growth areas.
Orion Holdings increases its dividend per share by 37% to 1,100 won, totaling 66.2 billion won in payouts. The move follows a 40% dividend hike aimed at qualifying for tax incentives. The company’s dividend yield now reaches around 5%, surpassing current interest rates.
