Saturday 04 Feb 2012

All posts tagged Korea Privatization

KORAIL to be privatized by 2014

Maeil Business News has reported that an official from the South Korean Ministry of Land, Transport and Maritime Affairs (MLTM) has announced that the privatization of the Korea Railroad Corporation (KORAIL) will soon be gaining momentum. Local private businesses have …

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Government to privatize Korean Institute of Toxicology

Korean Institute of Toxicology (KIT), a South Korean state-run pre-clinical trials testing agency, would be put up for sale, reported the Korea Economic Daily. The report cited investment bank

Government to begin privatization of Korea Aerospace Industries

The South Korean government is expected to speed up the privatization process for a 30.5% stake in Korea Aerospace Industries (KAI), reported Wow TV. KAI is the unlisted South

Incheon Total Energy sale announced

Unlisted South Korean energy company Incheon Total Energy Company (http://www.e-inteco.co.kr) has been selected for privatization as part of the Korean government’s public institution enhancement plan. State-run Korea District Heating Corp announced on

Industrial Bank of Korea: Government plans stake sale

The South Korean government plans to raise KRW 1.27tn (USD 1.11bn) by selling part of its stake in the Industrial Bank of Korea (IBK), reported Edaily. The unsourced report

State-run Korea Enterprise Data to be privatized

Korea Enterprise Data, an unlisted state-run credit rating firm, will be up for sale, reported Maeil Business. The South Korean government holds an 80% stake in the company through several

Ssangyong E&C: KAMCO may put off sale to 2H10

Korea Asset Management Corp (KAMCO) has likely put off the sale of Ssangyong Engineering and Construction (E&C), the listed South Korean construction company, to the second half of

Update: Possible Hana-Woori merger

Hana Financial is seen as a potential merger candidate in the privatisation process of its peer Woori Finance, reported the Kyung Hyang Shinmun. The

Update: Woori Finance’s Privatization

Bloomberg's 'Korea Said to Prepare for Sale of More Woori Shares' article takes a look at the ongoing privatization of Woori Finance Holdings, and possible industry ramifications. The article states- South Korea

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