Court sides with Kolmar vice chair in feud over managing rights

Court sides with Kolmar vice chair in feud over managing rights

Kolmar Holdings, the holding firm of cosmetics and pharmaceutical manufacturer Kolmar Korea, will be allowed to hold a special shareholders’ meeting for its health supplement unit Kolmar BNH, signaling that the group’s management dispute is leaning in favor of Executive Vice Chairman Yoon Sang-hyun. According to Kolmar BNH’s regulatory filing on Sunday, the Daejeon District Court on Friday approved Kolmar Holdings’ request to hold the unit’s spe…