Published 14 Dec.2021 16:43(KST)
[Asia Economy Reporter Lee Junhyung] Araeseu announced on the 14th that the withdrawal of the application for commencement of rehabilitation proceedings has been approved.
Araeseu stated, "Following the board of directors' decision on the 9th of this month, we submitted the application for commencement of rehabilitation proceedings to the Seoul Rehabilitation Court," and added, "On the 10th of this month, we submitted the withdrawal of the application for commencement of rehabilitation proceedings, and the withdrawal was approved on the 14th, thus concluding the matter."
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