This excerpt taken from the LPL 6-K filed Jun 13, 2008.
Report on Shareholding of AVACO CO., Ltd.
On June 10, 2008, LG Display acquired 2,037,204 common shares of AVACO as we filed on May 6, 2008, and as the following:
LG Display Co., Ltd. made this equity investment to participate in the management of the Issuer.
LG Display Co., Ltd. will exercise its voting rights with respect to the important matters of the Issuer, such as the election or removal of the directors and auditors, amendment of the articles of incorporation, sale or transfer of all or a material portion of the assets and merger or dissolution. While LG Display Co., Ltd. does not currently have detailed plans about the above voting rights, it will vote in line with the business objectives of the Issuer.