EdisonEV Files for Bankruptcy... "Will Consult with Creditors"
[Asia Economy Reporter Kim Young-won] EdisonEV announced on the 4th that a bankruptcy petition has been filed by eight creditors. The amount of the claims is 3.6 billion KRW.
EdisonEV stated, "We are conducting consultations with the creditors and plan to respond through legal procedures via our litigation representatives."
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Accordingly, the Korea Exchange has revised the suspension period of stock trading for EdisonEV, which began on March 29. The original suspension period, which was "until the decision on delisting after the improvement period ends," now includes "until the date when the court confirms the resolution of bankruptcy reasons, such as dismissal of the bankruptcy petition."
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