Kim Bum-soo, chairman of Kakao's Management Reform Committee, who was arrested and charged with artificially manipulating stock prices during the acquisition of SM Entertainment, has asked the court to stand trial without detention.
Chairman Kim received a bail invoice from Chairman Kim at the Seoul Southern District Court yesterday (10th).
Chairman Kim's bail interrogation will be held at 2 p.m. on the 16th, when the trial preparation date for the main case will be held.
Chairman Kim was put on trial in February last year on charges of manipulating the market price to block Hive's tender offer to acquire SM Entertainment.
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