Court Grants Permission for Kolmar BNH to Convene Extraordinary Shareholders' Meeting

Yonhap News

The court has granted permission for Kolmar BNH to convene an extraordinary general meeting of shareholders.

On July 25, Kolmar BNH announced in a public disclosure that it had received a court decision from the Daejeon District Court recognizing Kolmar Holdings' request to convene an extraordinary general meeting of shareholders. According to the disclosure, the court ordered, "Permission is granted to convene an extraordinary general meeting of Kolmar BNH shareholders by September 26."

The agenda items for the extraordinary general meeting include: appointment of a temporary chairperson, appointment of directors, appointment of Yoon Sanghyun as inside director, and appointment of Lee Seunghwa as inside director.

Previously, Kolmar Holdings, the largest shareholder of Kolmar BNH, submitted an application to the Daejeon District Court on May 2 requesting permission to convene an extraordinary general meeting of Kolmar BNH shareholders. Kolmar Holdings is demanding the appointment of Vice Chairman Yoon Sanghyun and former CJ CheilJedang Vice President Lee Seunghwa as inside directors, citing the decline in Kolmar BNH's performance and market capitalization as reasons.

This content was produced with the assistance of AI translation services.