JTBC Breaks Silence On Its Status Amid Company Crisis

JTBC announced that it will strive to normalize management following the court’s decision to extend the ARS (Autonomous Restructuring Support). On July 30th, JTBC stated in an official release, “Yesterday, the rehabilitation court decided to extend JTBC’s ARS procedure. We apologize to creditors who wish for a swift resolution.” JTBC explained, “Since the investigation report…

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