Monday, March 13, 2017

Park Sam-koo chogangsu "consortium disapproval when first buying rights to give up."



[Korea's financial standing hyomun newspaper reporter] Kumho Asiana Group chairman Park Sam-koo, place the arguments Kumho Tire flew chogangsu. He vowed to give up the right priority when buying consortium disapproval.

Kumho Asiana Group (hereafter Kumho) is a free 13 days Kumho Asiana Building, 14th floor, open press conference in the conference room looking at the first buying rights agreement details signed a "shareholders meeting Priority number of rights Number of Licensee's prior written approval of the shareholders meeting the lists are not transferable to a third party, he said "it said soon be transferred to a third party means that, if approved by the shareholders' meeting.

It following said adding that "this has allowed six consortium about the argument, the Double Star Tire, Kumho preferred bidder 'first number of claimant who can not understand it does not allow it to give up its disapproval when first buying rights.

Kumho officials are available if 'situation, place the agreement the creditors and Kumho between disagreement diverge' saying 'Agreement, the shareholders' meeting prior written permission unless explicitly can not pass the first buying rights to a third party consortium, including shareholders meeting approval "he said.

He also added that "Kumho has been asked up buying the first ticket to the event through a consortium with shareholders, creditors whilst meeting agenda, said" the last two times in the request, but has revealed he would not allow creditors unilaterally.



Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com