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Entry 2020-11-20 16:47 | Review 2020-11-20 16:50
KCGI announced on the 20th that it had requested Hanjin Kal to convene an extraordinary general meeting of shareholders. The main agenda of the shareholders’ meeting is the appointment of new directors and the amendment of the bylaws.
KCGI said in a statement: “I believe that Hanjin Kal has sufficient potential as a holding company for Hanjin Group, including Korean Air, and has been striving to improve corporate governance and increase shareholder value.” “I was in a hurry just to protect them.”
“Along with this, with the power of the Korean Development Bank, which is impatient with the Asiana Airlines problem, we have also decided on the legacy of a three-way assignment that focuses solely on saving Cho Won-tae,” he added .
KCGI plans to propose a new director again. Details of the director’s career will be released later.
KCGI said: “Through this request to call extraordinary shareholders, we will assume responsibility for the board of directors that led and decided to take over Asiana Airlines.” “I explained.
In addition, he stressed, “through the change of articles of incorporation, the Korean Development Bank will prepare a mechanism to improve the governance structure to the required level through this investment agreement.”
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