SOUTH KOREA: Hyundai motor creditors demand resignation of chairman Seoul
Creditors of the beleagured chaebol unit Hyundai Motor have demanded the resignation of chairman Chung Mong-koo, in line with a promise made by the firm this year. Kim Kyung-lim, president of the firm's main creditor Korea Exchange Bank, said yesterday Chung Mong-koo should retire to keep Hyundai's promise made to the public on May 31.
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