Saturday 04 Feb 2012

All posts tagged Kumho Asiana

Korea Express running behind schedule

JoongAng Daily has reported that the sale of Korea Express has been delayed due to differences in opinion amongst major shareholders and bidders on the inclusion of the company’s affiliate, Kumho Terminal, in the sale.
A Korea Development Bank (KDB) official …

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Korea Express sale could be carried out by auction

The sale of Korea Express, the logistics unit of South Korean conglomerate Kumho Asiana, could be carried out as an auction, instead of sealed bid, according to a

KDB to finish talks with Daewoo E&C put-back option holders today

Kumho Asiana's restructuring process should speed up after negotiations between Korea Development Bank (KDB) and holders of put-back options in Daewoo E&C are finalized. According to a report in

Kumho Asiana: Creditors may sell Kumho Industrial

The creditors of Kumho Asiana may sell Kumho Industrial after the construction company normalises its operations, reported Money Today. Kumho Industrial is the listed South Korean construction unit of

Kumho Asiana Group’s Hub & Spoke

As a summary to previous posts (see here), is the following information taken from Korea's Financial Services Commission's 'Impact of Kumho Asiana Group’s Restructuring and Future Actions' press release. In

Daewoo E&C sold to Korea Development Bank

Kumho Asiana Group to Sell Daewoo Engineering for $2.5 Billion “The group is devastated,”  Oh Nam-soo, Kumho Asiana’s president for strategic management. After much speculation, and a hectic last few

Second Life for Kumho Insurance

KDB, Consus Asset to buy Kumho Life Insurance A report in Korea's Yonhap News Wednesday, stated that Korea Development Bank (KDB) will take over Kumho Life Insurance Co. in partnership

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