Daewoo Cosmetics has reported the passing of Kim Jeong-im, the mother of CEO Kim Guk-nam, who died on September 1. She was 95 years old at the time of her death.

The funeral service will be held at the Bucheon Funeral Hall, Room 2 on the second floor, with the ceremony scheduled for September 3. The final resting place will be at Namdo Metropolitan Memorial Park in Gangjin-gun, Chilryang-myeon.