THE SK HERCULES UNION REJECTED THE INITIAL PAY AGREEMENT WITH MANAGEMENT

ON 25 AUGUST, THE KOREA FEDERATION REPORTED THAT THE SK HERCULES UNION HAD REJECTED THE INITIAL SALARY AGREEMENT WITH MANAGEMENT. IT IS KNOWN THAT THE PRELIMINARY AGREEMENT WAS REJECTED BY 50.08 PER CENT OF THE VOTES CAST. PREVIOUSLY, THE PRELIMINARY AGREEMENT HAD BEEN REACHED BETWEEN THE UNION LEADERSHIP AND MANAGEMENT BEFORE IT WAS SUBMITTED TO MEMBERS FOR VOTE。