Tuesday, March 14, 2017

Kumho Asiana "Kumho Tire sales-related litigation."



[Korea's financial standing hyomun newspaper reporter] Kumho Asiana Group (hereafter Kumho), then the consortium has said he would disapprove such legal actions related to the sale of Kumho Tire, Kumho Tires creditors, including Korea Development Bank first number of licensees.

Kumho has 14 days "Kumho Tires I then sold and the related legal actions," he said "despite whilst continuing ask them to allow the first configuration consortium during appraisal rights exercise for Kumho Tire major creditor bank, Industrial Bank unilaterally disallow entry without formal discussion and said, "he said.

Following understand is that it would not unilaterally permitted by "KDB one ignores the request for some reason though to decide whether to allow negative shareholders' meeting times did not even wealth or discussed in the shareholders meeting," said "situation no, "he said.

Kumho also "Industrial Bank also can not understand, you are presented only to the media without a formal notice can not allow the consortium so far," he said, "will be legal action for it."





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