Yoo Ah In, who is undergoing an investigation over illegal substance use, attended the hearing at Seoul Metropolitan Police Agency after rescheduling it twice.
#YooAhIn
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Whitebox Advisors Sends Letter to the Board of Directors of LG Corporation
December 14, 2020 GMT
Whitebox Advisors LLC today sent the below letter to LG Corporation’s Board of Directors.
Koo, Kwang Mo
Dear Members of the Board of Directors,
As you are aware, Whitebox Advisors LLC (together with its affiliates, “Whitebox” or “we”) owns a significant stake in LG Corporation (“LG” or the “Company”). We are a long-term shareholder that has repeatedly sought to engage with the Board of Directors (the “Board”) and representatives of the management team in a constructive, private manner over the past two years. It is extremely disappointing that our feedback and viewpoints have been repeatedly dismissed or ignored.