Kumho Electric, Kumho Gwangjeon Co., Ltd. Decide to Liquidate
[Asia Economy Reporter Minji Lee] Kumho Electric announced on the 30th that it will liquidate Kumho Optical Fiber Co., Ltd. to improve operational efficiency. The company explained, "The liquidation process will be carried out in accordance with local relevant laws." The company's total assets amount to approximately 13 billion KRW, which corresponds to 17% of Kumho Electric's consolidated total assets.
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