Sales under way ­

Home > Business > Industry

print dictionary print

Sales under way ­

테스트



A signboard is shown at Hyundai Seurities’ headquarters in Yeouido, Seoul, yesterday after Hyundai Group secured 200 billion won ($192 million) by selling parts of its stakes in the brokerage firm. Hyundai Group creditor Korea Development Bank said it has supplied liquidity Hyundai Group, which will signal the start of selling three financial affiliates. In exchange for funds, KDB will get Hyundai Merchant Marine’s 14.9 percent stake in the broker. Hyundai Group late last year, in order to relieve its main affiliate Hyundai Merchant Marine from a tight liquidity crunch, announced a plan to secure 3.2 trillion won by selling its financial units - Hyundai Securities, Hyundai Savings Bank and Hyundai Asset Management. [NEWSIS]





More in Industry

Ballantine's boys

Doing the robot

Export growth of 6% seen by KITA next year

Big companies, fearing the worst, scramble for cash

Hyundai unveils one-size-fits-all electric vehicle module

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now