Crown USA, LLC is established in New York, N.Y. as U.S. branch of Crown Holdings Loan Co., Ltd. to
bring financial benefits of South Korean interest rates to American and international investors
After over a decade of successful operations, Mr. Lee creates Crown Holdings Loan Co., Ltd. in Japan to
launch $75 million private placement
New private financing system legislated in South Korea allowing high interest rate private loan financing
→ Interest Limitation Act (Act No. 8322, 이자제한법/利子制限法).
Mr. Lee reorganizes Daekyo Industrial Co., Inc. into Seoul Cosmo Holdings Loan Co., Ltd