[Korea's financial standing hyomun newspaper reporter] Kumho Tire Park Sam-koo priority creditors were informed 14 days with the agreement of the official appraisal rights and the Double Star Kumho Asiana Group Chairman side. First, whether the number of nights president says exercising the creditors until next month, 13 days, must submit a financing plan.
14 days Kumho Tire major creditor bank, Korea Development Bank official has informed me to 954.9 billion acquisition of 81 million won to Kumho Tire shares reigns. Creditors Woori Bank (14.15%) and industrial KDB Bank (13.51%) and KB Kookmin Bank (4.2 percent), and eight financial institutions configurations. Said the creditors side, today sent a memorandum containing the Kumho Tyres selling prices and conditions Chairman Park Sam-koo-side '' The night before the president willing to disclose the acquisition next month, 13 days' he said.
The creditors have signed a preferred bidder for the last 13 days the Chinese Double Star and Kumho Tire Co. Marketing Agreement (SPA). The sale price is 954.981 billion won. Creditors' interests, which this time is sold 6 636 10 000 8844 Note (42.01%).
The deal is the first buying rights to a night meeting. If the Chairman Park can be as much as double the amount the agreement between creditors and the star structure to regain unconditional Kumho tires. If the Chairman Park being notified of the price of the creditors submitted a funding proposal until next 13 days it is possible to regain the Kumho Tires through the examination of the creditors.
On the other hand, it does not give me the first night lol buying side of the president authorized the 'consortium' it said it would take legal action related to the sale ot unfair.
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