Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Kelon Hires Investigation Team
Dec 5, 2005
 Printable format
 Email this Article
 Search

Guangdong Kelon Electrical Holdings Ltd., an appliance maker in Guangdong, China, has hired a firm to perform an investigation of its financial records. According to a Dow Jones report, KPMG will investigate financial records going back 4 years. The move comes in response to charges of "economic crimes", against the former chairman and other top executives with Kelon.

Kelon has been embroiled in scandal and crisis this year, with news of possible charges against Chairman Gu Chujun, the eventual arrest of Gu, the shut-down and restart of manufacturing following a stoppage and restart of supplier deliveries, and the acquisition of Gu's Kelon shares by rival appliance company Qingdao Hisense Air-Conditioner Co. Ltd. Gu was officially removed as Kelon chairman in August.

Back to Daily News

 

Daily News

...........................................................

Jul 31, 2014: LG Home Appliance, LG Air Conditioning See Lower Quarterly Sales

Jul 31, 2014: AHAM Canada New Chair is Doell of Samsung Electronics Canada

Jul 29, 2014: Jarden Reports Record Net Sales in 2Q

Jul 29, 2014: LG USA Names VanderWaal to Head Marketing

Jul 29, 2014: Smart Meters May Provide An Entrance Point for Cyber Attacks on the Connected Home

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows