Ssangyong Motor Announces Decision to Initiate Rehabilitation Proceedings

[Asia Economy Reporter Ji Yeon-jin] Ssangyong Motor announced on the 15th that the Seoul Bankruptcy Court has decided to commence rehabilitation proceedings.

The filing period for rehabilitation claims, rehabilitation secured claims, stocks, or equity shares is from the 30th of this month to the 13th of next month, and the investigation period for rehabilitation claims and rehabilitation secured claims is from the 14th to the 27th of the same month.