In relation to the collapse of the apartment wall in Hwajeong-dong, Gwangju, Hyundai Industrial Development Chairman Chung Mong-gyu is scheduled to announce his position today (17th) with an apology to the public.



Hyundai Development Company announced that at 10 am today at the headquarters of the I-Park Mall in Yongsan, Seoul, Chairman Chung will reveal his position on the accident.



After making an apology to the public, it is known that Chairman Chung will take responsibility for the situation and resign.