Finance
Meritz Financial says largest shareholder must present responsible rehabilitation plan
Meritz Financial Group again urged MBK Partners and its chairman, Kim Byung-ju (김병주), the largest shareholder, to provide responsible funding support related to Homeplus’ rehabilitation. It said the largest shareholder should share in guarantees and loss burdens before asking creditors. Meritz said Kim, described as a 14 trillion won asset holder, should take responsibility. It also cited profits it said MBK earned from funds invested in Homeplus.
