Asiana Airlines to Undergo Substantive Review for Listing Eligibility
[Asia Economy Reporter Lee Gwan-joo] As former Kumho Asiana Group Chairman Park Sam-gu, accused of unfair support to affiliates, has been arrested and indicted, Asiana Airlines, whose stock trading has been suspended, will undergo a substantial review of its listing eligibility.
Asiana Airlines announced on the 17th, "The Korea Exchange has decided to subject Asiana Airlines to a review by the Corporate Evaluation Committee related to the substantial review of listing eligibility."
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Asiana Airlines' subsidiaries, Air Busan and Asiana IDT, were also included in the review. The Korea Exchange plans to conduct the substantial review within 20 business days and decide whether to resume trading.
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