• Twitter
  • Facebook
  • Instagram
  • Subscribe
  • Free Newsletter
  • My Account
Tyrepress
  • 0Shopping Cart
  • NewsNews
    • Latest News
    • Company News
    • UK News
    • Product News
    • International News
    • Retreading
    • Career Tracks
    • Motorsport
    • Video
    • Tyrepress Videos
  • Data
    • Leading Tyre Manufacturers
    • Leading Retailers (UK)
    • Social Media Ranking
    • Online Branding
    • Brand Finance rankings
    • Blue Light Fleet Analysis
    • Astutus Research analysis
    • Tire Market Forecasts
  • Features
    • Goodyear to buy Cooper – special supplement
    • TPMS and Sensor Technology 2021
    • Tyre Industry Conference 2020
    • Online Tyre Business 2020
    • Kick-starting your business webinar May 2020
  • Business Directory
    • Browse Entries
    • List Your Company on the Business Directory
  • Jobs
    • Situations vacant
    • Career Tracks
  • Classifieds
  • Magazine
    • Latest Issue
    • Read Tyres & Accessories Magazine online
    • Tyres & Accessories Magazine Archive
  • Shop
    • Subscription Shop
    • Report Shop
    • Directory Shop
  • About
    • Company Profile
    • Media Information
    • Frequently Asked Questions (FAQs)
    • Legal
    • Contact Us
  • Tyre Tests
  • Search
  • Menu
You are here: Home1 / News2 / Product News3 / Hankook’s Cho Hyun-bum Investigated for Stock Manipulation

Hankook’s Cho Hyun-bum Investigated for Stock Manipulation

Date: 2nd September 2008 Author: Tyrepress Editors Comments: 0

Korean news sources report that an investigation has begun into allegations of stock manipulation brought against Hankook Tire executive vice president Cho Hyun-bum. According to the Korea Times and Chosun Ilbo news, the son-in-law of South Korean president Lee Myung-bak is being secretly investigated as part of a larger stock market ‘manipulation racket’ that allegedly involves the younger generation of a number of prominent South Korean ‘chaebol’ business families.

The Seoul Central District Prosecutors’ Office is, say the reports, investigating whether Cho influenced a sharp rise in the stock price of companies, from which he made sizeable hit-and-run investments, or attempted to participate in a seasoned equity offering by using confidential information or manipulating the share price. Prosecutors are reported to have said that, since a full investigation has yet to commence, they have not at this time uncovered any illegal activity; they add, however, there are’ suspicious aspects that need to be thoroughly investigated’.

Related news:

  1. New Hankook Plant Under Fire from Unions, Locals
  2. Hankook Cleared of Heart Disease Charges
  3. Hankook Leans Towards Slovakia
  4. Hankook: Stopped Subsidy Reports False
Comments

Leave a Reply Cancel reply

Connect with:
Facebook Google Twitter

Your email address will not be published. Required fields are marked *

Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on WhatsApp
  • Share on LinkedIn
  • Share on Reddit
  • Per E-Mail teilen

Advert Location 348

Related Tags

Hankook, investigation, Product News, Report

Advert Location 28

Top five articles this week

Advert Location 29

© 2020 - Tyrepress
  • Twitter
  • Facebook
  • Instagram
  • WhatTyre
  • Reifenpresse
  • PneusNews
Analyst Recommendation Cut on Continental Goodyear Dunlop Makes Big Push for Birmingham Children’s Hospital
Scroll to top