Ssangyong Motor, Edison, Age of Age

Ssangyong Motor asked Seoul Registration Court to extend the ahairing period with the Edison Motors Consortium. The two companies plan to sign a memorandum of memorandum after the next month.

On the 29th, Ssangyong Motor submitted the Ssangyong Motor on the 28th Court to submit an extension authorization application such as Mauses of Age. That s why the consultation period is tight.

Ssangyong Motor was scheduled to engage in the 29th, but he decided that the consultation period with the EDison Motors Consortium was shortened and defeated. The two companies will conclude a memorandum of understanding after the next month.

Ssangyong Motor and the Edison Motors Consortium proceed with a precision proprietary for about two weeks after the next month, and proceeds to negotiate this Agreement for acquisitions and major contract conditions.

Industry officials explained, The Memorandum of Age is to set up guidelines for investment contracts. The specific content of the investment contract is set through the consultation afterwards.

Prior to, the Regeneration Court selected the Edison Motors Consortium, which was a member of Ssangyong Motor Co., Ltd.

Last sales of Edison Motors is one level of 32 minutes of Ssangyong Motor. For this reason, the industry is concerned about funding capabilities and argumental possibility.

Kang Young-Kwon, Edison Motors, said in the recent unwinding press conference, We will secure the operating profile 7 to 800 billion won through the industrial bank loan.

On the other hand, the Industrial Bank has revealed the unidirectional announcement of Edison Motors and took careful positions.

Ssangyong Motor Parts Partners said, even if Edison Motors acquires, and if the financial ability is not proved, it would be necessary to refuse to deliver parts.

In some cases, Edison Motors has a view that it could give up its acquisition after a precision. If Ssangyong Motor debt can not be reimbursed through planned funding, the acquisition is likely to be absent.

When M & A is smooth, Edison Motors is responsible for the operation and acquisition of SDISCO, TG Investment and acquisition, and Keystone PE and KCGI are financial investors to Ssangyong Motes Normalization.

In addition, Edison Motors plans to launch 30 new electric cars by 10 species and 2030 by 2030 to switch Ssangyong Motor to an electric vehicle company.

2008 SSANGYONG ACTYON 2.0DT ENGINE TEST NMW06945

Kang Young Kwon EDison Motors, said, I will make Ssangyong Motor s model electric car, said Ssangyong Motor, Synergy of Edison Motors, which has a high-performance electric car system technology with automobile manufacturing technologies, he said.

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