[Korea gimdohyeon financial newspaper reporter] Kumho Asiana Group Chairman Park Samgu sent an ultimatum to the banking industry.
Kumho has announced on the 12th that sent the final official notice asking us to come up to 17 days for the meantime, the consortium was required to allow the final trading conditions Development Bank.
Kumho has expressed means that they will not exercise if there is no reply from the banking industry up to that date, Kumho Tire's first buying rights.
Chairman Park stated, "It, while allowing the consortium for double star was not any contribution to Kumho Tire management normalization, which does not allow the consortium have been contributed to the management normalization precedence buying Volume is confirmed KUMHO unfair and antinomy act."
Kumho Asiana official said, "In reality if a consortium is not allowed, there is no strategic investors to participate in a consortium to review the conditional" while "and should only acquire Kumho only financial investors, which is pageupryeok large potential risk factors have on the entire group "he said.
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