Hong Won-sik, Chairman of Namyang Dairy Products, Files Appeal Against Hahn & Co. in Stock Transfer Lawsuit
[Asia Economy Reporter Gong Byung-sun] Namyang Dairy Products announced on the 4th that Namyang Dairy Products Chairman Hong Won-sik and two others have filed an appeal against Hahn & Co. 19 regarding a stock trading contract.
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On May 27 of last year, Hahn & Co. 19 filed a lawsuit for stock transfer against Chairman Hong and others. Although Chairman Hong and others lost the management rights trial on the 22nd of last month, they expressed their intention to appeal immediately. At that time, the court ruled that "the defendants must carry out the procedure of transferring the stocks simultaneously upon receiving payment from the plaintiff."
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