Kumho Tire's commitment to sell 中 Double Star

[Korea Jeongseon financial newspaper reporters] were creditors finally agreed to sell to the Kumho Tires in China in the Double Star tire manufacturers.

The main creditor Korea Development Bank said the bank 10 days dwaetdago star and shares sales agreement (SPA) signed the proposal approved by the shareholders of the Double Council.

Thus concluded this month and 13 days SPA Double Star and Park Sam-koo will be informed of the number of priority right conditions to Kumho Asiana Group Chairman and percussion whether events.

Chairman Park Sam-koo must make a number of priority exercising physician within 30 days of receiving notice of the creditors.

Industrial Bank said, 'for the sale conditions, including the sale price will be published in the Kumho Tire Co. signed the contract of sale point.

Now Creditors to sell shares is 16 636 8844 shares (42.01% ownership). Woori Bank (14.15%), including 9 Industrial Bank (13.51%), National Bank (4.16%), the Export-Import Bank (3.13%), financial institutions may constitute the creditors.

The sale price was reported by about 955 billion won.

Meanwhile, Kumho Tires entered the last workout of the end of 2009 (enterprise improvement) with Kumho Industrial is a graduate of the 2014 year-end workout.

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