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The Korea Herald
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THE INVESTOR
April 27, 2024

Market Now

HMM acquires Hanjin Shipping’s assets worth US$15.6m

  • PUBLISHED :January 19, 2017 - 16:09
  • UPDATED :January 19, 2017 - 16:09
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[DISCLOSURE] Hyundai Merchant Marine (011200) reported on Jan. 19 that it has decided to acquire 20 percent stakes each in Hanjin Shipping’s terminal Total Terminals International and equipment lease company HTEC, worth US$15.6 million combined, in response to Korea Exchange’s inquiry on Jan. 17 regarding the issue.

(theinvestor@heraldcorp.com)

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