The creditors of Kumho Tire Co. are expected to pick Qingdao Doublestar Tire Industrial Co., Ltd. (Doublestar Tyre Co.) as the preferential bidder for Kumho Tire Co., Inc. (KOSE:A073240), industry sources said. Doublestar Tyre received the highest score in the evaluation of price offer and other terms in the auction that closed last week, as per sources. Doublestar Tyre reportedly has offeren around $844 million for Kumho Tire.