South Korea: Hyundai chairman accepts court ruling

Hyundai Motor Group chairman Chung Mong-koo has accepted a court ruling ordering him to pay Won 86.2bn (US$76.8m) in compensation to minority shareholders of the group. The court ruling was made on 25 February and the same was posted to plaintiffs and defendants on 7 March. The court allowed this period It’s time to log … Continued

• By Webmaster
• March 23, 2011