Announced the termination of the 4th [Korea gimeunji financial newspaper reporter] sindongju former Japanese Lotte Holdings Vice Chairman (SDJ Corporation Chairman) The father of Lotte Group Shin Kyuk-ho Co. foreclosures for general president. Was originally a procedure for identifying a stock material of new general chairman stepped on the revocation as check the relevant material (Shinhan Securities) is described.
Sindongju President signed a loan contract money spent by the shares of the new Executive Chairman to daenap a gift tax of 212.6 billion won last meeting end of January, new general collateral. Later it seized the new Executive Chairman has a stake in Lotte Confectionery (6.8%) and Lotte Chilsung shares (1.3%).
SDJ Corporation said that "in the process of identifying the stock material for the new President in accordance with the contract a mortgage, but the request for the return of a stock account and the Securities cards seized the prosecutor returned was yirwojiji" and to "ensure the IRS gift tax collection securities accounts were also found to be seized for there is no equity account balance, "he said.
The ear "sindongju President in situations such as these have stepped Stock locating procedures in order to protect the new Executive Chairman who do not understand their equity assets material" and "gotta make sure the latest materials, the procedure for pledged Started was to terminate the seizure along, "he said.
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