Tuesday 07 Feb 2012

KL-Net sale draws interest from Samsung, LG, and Posco

The details of the sale plan for KL-Net, the listed port information systems integrator, could be revealed by the end of this month, reported Korea Economic Daily.

Korea Container Terminal is set to find a buyer for itsĀ 24.68% stake in KL-Net during the first half of this year, an unspecified insider told the newspaper.

The report said the stake is drawing interest from Samsung SDS, LG CNS and Posdata, theĀ  system integration subsidiaries of South Korean conglomerates Samsung, LG and Posco, respectively.

(Source: Korea Economic Daily)




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