SOCAR CEO STEPS DOWN FROM ITS CURRENT POSITION

Highlights –

• Taking responsibility of suspension of Tada car service, Socar CEO steps down from his position
• VCNC indefinitely terminates their service
• The end of Tada follows a vote by South Korean lawmakers, amending the transportation law

In a public announcement made on Friday, Socar CEO Lee Jae Woong mentioned that he will be stepping down from the top positi....