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The Korea Herald
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THE INVESTOR
April 25, 2024

Market Now

Hanjin Heavy subsidiaries sales falls through

  • PUBLISHED :January 13, 2017 - 17:10
  • UPDATED :January 13, 2017 - 17:10
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[DISCLOSURE] Hanjin Heavy Industries and Construction Holdings (003480) announced on Jan. 13 that it has tried to sell stake in its subsidiaries Daeryun Power and Byeollae Energy and has selected Miraeasset Daewoo Securities as the new lead financial adviser, in response to Korea Exchange’s inquiry regarding media reports.

"We are currently seeking to negotiate sales conditions for the recruitment of financial investors reattempting to sell the stake,” said the company.

(theinvestor@heraldcorp.com)

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