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004990 Lotte News Story

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Lotte chairman offers to resign from holding company - YTN

SEOUL, Feb 21 (Reuters) - The head of South Korea's Lotte 
Holdings has offered to quit as chairman at its Japan-based 
holding firm, following his arrest for bribery earlier this 
month, a cable news network YTN said on Wednesday.  
    Lotte Holdings, which controls a sprawling corporate empire, 
plans to hold a board meeting later Wednesday and discuss 
Chairman Shin Dong-bin's situation, YTN reported. 
     
 
 (Reporting by Ju-min Park; Editing by Stephen Coates) 
 ((ju-min.park@thomsonreuters.com; +82 2 3704 5650; Reuters 
Messaging: ju-min.park.thomsonreuters.com@reuters.net)) 
 
Keywords: LOTTE CHAIRMAN/

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