Mando's plan to move to holding company structure approved  [ Korea ]

Mando’s plan to move to a holding company structure through the company split has been approved at the company’s extraordinary shareholders’ meeting. While Halla Holdings Corp. will control its subsidiaries and make investments, Mando will focus on the automotive parts business. The company split is scheduled on September 1, 2014. (From a press release on July 28, 2014)