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Korean Air and Asiana Airlines passenger aircraft are in service at Incheon International Airport[연합뉴스 자료사진]
(Seoul = Yonhap News) Reporter Kim A-Ram = Korean Air Corporate Governance Forum[003490]Asiana Airlines[020560] Hanjin Kal for the acquisition[180640]The 2 argued that the paid-up capital increase assigned to the third party of the company violates the rights of the shareholders to the benefit of the chaebol.
In a comment released on the day, the group said: “It’s hard to see that this Hanjin Kal capital increase needs” a major business partnership “or” urgent funding. “It’s for,” he said.
Furthermore, he added: “The capital increase is unfair because it violates Hanjin Kal’s corporate value and shareholder rights protected by trade law.”
The forum stressed that “Korea Development Bank’s participation in Hanjin Kal’s capital increase is a swift action that takes into account only one aspect of the normalization of the aviation industry”.
Korea Development Bank has decided to invest 800 billion won in Hanjin Kal for the integration of Korean Air and Asiana Airlines, of which 500 billion won, to participate in a paid capital increase assigned to third parties.
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2020/12/02 15:01 sent
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