(Ssangyong Musso;; Image source: Ssangyong)
Simone Pavan, Managing Director of Ma Heng Group and Chairman of Ssangyong? Goenka said in a conference call on August 7 that if Ma Hengda or Ssangyong found new investors, Ma Hengda's shareholding in Ssangyong would be "less than 50%".
On August 1 1 day, Ssangyong Motor's share price fell 1.82% to 3,775 won. Before 20 14, Ma Hengda was a member of Shanghai Automobile Group Corporation (Shanghai? Cars? Industry) acquired a 75% controlling stake in Ssangyong Motor.
Ma Hengda said that after allocating 40 billion won (previously promised to invest 230 billion won), the company will not invest more money in Ssangyong. Anish, Chief Financial Officer of Mahindra Group? Shah added that the board of directors also made it clear that Mahindra Group would not inject more capital whether there were potential investment partners or not. It is reported that several China automakers are interested in taking over, but no company has made a clear statement.
Up to now, Ssangyong Motor has obtained loans of nearly 200 billion won (about 65.438+69 billion US dollars) from foreign banks including JPMorgan Chase, BNP Paribas and Bank of America, provided that Ma Hengda still holds more than 565.438+0% of the company's shares. If Ma Hengda's shareholding ratio is less than 50%, Ssangyong Motor will have to repay its debts.
Although Ssangyong Motor recently sold its maintenance service center in Guro, Seoul at a price of 6,543.8+0,800 billion won, due to the sluggish export volume and output, the company has suffered losses for the 65,438+04th consecutive quarter in the second quarter of this year, and its operating loss has expanded to 65,438+0,654,38+0,765,438+.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.