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CASH-STRAPPED DOOSAN SHEDDING STOCKS TO LEVERAGE NEW BUSINESS LINE

Published On 04 Sep 2020 02:49 PM


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  • Cash-strapped Doosan Group said Friday that it will repay 3 trillion won (US$2.5 billion) in debt to its main creditors by selling new shares of Doosan Heavy Industries & Construction Co. and other affiliates' assets.
  • Doosan Heavy Industries & Construction is all set to float new shares worth 1.3 trillion won and sell them first to its shareholders and then to the public, the group said in an emailed statement.
    Tags : Doosan Group, Club Mow, Hana Financial Investment, Neoplux Co, Doosan Fuel Cell, Doosan Heavy,
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