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S. KOREA’S HANJIN HEAVY TO BE SOLD OFF TO DONGBU CORP.

Published On 17 Apr 2021 02:50 PM


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Highlights –

  • S. Korea’s Hanjin Heavy to be sold off to Dongbu Corp.
  • The company’s shares ended low on Friday trading at 7,650 won.
  • KDB, creditor of Hanjin Heavy will sell 66.85 percent of its stake in the company to Dongbu Corp.
  • The decision however faced opposition from the Busan government and its civic groups.

South Korean shipbuilding co....


Tags : HHIC, HANJIN HEAVY INDUSTRIES & CONSTRUCTION CO., FTC, FAIR TRADE COMMISSION, HANJIN HEAVY STOCKS, KOREA DEVELOPMENT BANK, KDB,
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