Ssangyong Motor

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Title Ssangyong Motors nominates KG Consortium as the final bidder
Date 2022-06-28

Ssangyong Motors nominates KG Consortium as the final bidder June 28, 2022

 

 

-      Ssangyong nominates KG Consortium as the final bidder and concludes investment contract without any changes to the conditions

-      Based on the investment contract, Company to prepare rehabilitation plan before end of July for submission to Court

-      Company tries to increase repayment rate and secure funds to repay commercial creditors

 

 

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