Kang Young-kwon Edison representative Ssangyong Motor s procurement plan for Ssangyong Motor

Margaret Court AC MBE (born July 16, 1942 When Margaret Jean Smith in Albury, New South Wales) is a former Australian tennis player. She was one of the best professional histories in history and her succeeded in both single and mixed a Grand Slam. In addition, she has collected in the course of her career with 64 Grand Slam Titles (Single, Double and Mixed) more victories with the four most important tournaments than any other tennis player.

Up to 1.6 billion won for Ssangyong Management Normalization will be added.

Kang Young-Kwon said Edison Motors representative said on the 22nd online non-interactive reporter s conference.

The CEO of Kang Young Kwon said, We will provide 1.6 billion won from € 1.48 billion to W1,480bn due to SDS Pyeongtaek, Ssangyong Motors, and Ssangyong Motors.

Edison Motors plans to establish $ 31 million of acquisitions through a primary figurine. It is a position to receive a maximum of W800bn in the Industrial Bank as the second oil-based increase, and the site of Ssangyong Motor Pyeongtaek plant site, etc.

The River representative is There is an alternative to the Mountain, which is an alternative to the question, It is high because it is asking for a loan to a loan to a collateral, If a loan is loosening, I will turn to the direction to procure the funds.

Edison Motors was selected as the subject of Ssangyong Motor from the Seoul Regional Court 20th. Ssangyong Motor Manager submitted the Edison Motors Selected Permission Application as a Court to the Court for the 21st. Court is a policy to permit today s Edison Motors as a negotiation subject today.

When the court permission falls, Ssangyong Motor and the Edison Motors are scheduled to significantly binding to the binding across this month. The Edison Motors specifically constrain the operating plan through the relationship between Ssangyong Motor Precision. In the second week of the next month, proceed with precision activity for about two weeks, and proceed with this contract negotiations on acquisitions and major contract conditions.

When this Agreement negotiations are finished, Ssangyong Motor offers a regenerative plan that contains the future debt repayment plans and funding plans. When a proposal is provided, Ssangyong Motor has a rally, which is a related rally, and the agreement of the bonds and shareholders can be made to ensure that the regeneration plan can be applied. The rally is expected to be in the end of December at the end of next month. If the creditors agree to the established regenerative plan, the Court is finalized when the court is finalized, and Ssangyong s regeneration procedures are finished.

The industry is expected to be terminated in the Ssangyong car regeneration procedure next year when the schedule progresses quickly. However, it is still an end of doubt about Edison Motors Funding ability. Ssangyong Motor has suffered in a continuous deficit in 14Q and has been a deficit of W440bn last year. The debt reaches 700 billion won, and it is only 400 billion won for public interest bonds to do after the acquisition. In addition, thousands of millions of millions of millions of businesses are needed on management normalization such as electric car business promotion. The regeneration is difficult.

The Edison Motors has raised sales of W89.8bn, operating profit W2.8bn last year. As of the end of last year, cash and cash assets are held at a level of W25bn. Compared to Ssangyong Motor, the scale is too small.

For this, the River representative said, I decided to ponder for more than a year, he said, I see risk, but Edison Motors seem to be likely.

We are receiving value for corporate value of 1 trillion won from overseas investors, I have achieved money by 1,2-second oil, and mortgage loans to make funds, etc., to realize Ssangyong Motor management normalization, I will do our best to make it right.

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