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Provider: Reuters Investment Profile
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Provider: Wright Reports
Provider: Wright Reports

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People & Telecommunication Inc's shareholders to cancel contract of selling stake in company

Tuesday, 11 Feb 2014 03:01am EST 

People & Telecommunication Inc:Says its top shareholder, Kim Cheol and related parties, have canceled their contract with Depian, which was signed on Jan. 15, for the transferring of their entire 7,940,000 shares of the company for 40 billion to Depian.Says reason of Depian's default in payment by Feb. 10. 

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