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...Rival Hyundai Merchant Marine hasn’t fared much better: shares in the container shipping line have fallen nearly 70 per cent in the past half-year, and sales plunged by 17 per cent in 2015 as it struggled...
...Hyundai Securities has been up for sale as its parent Hyundai Group is grappling with a liquidity shortage due to mounting losses at the group’s key affiliates such as Hyundai Merchant Marine, which is suffering...
...Hanjin Shipping and its rival Hyundai Merchant Marine handled the bulk of South Korea’s exports, which account for more than half of the country’s $1.4tn economy....
...Schindler alleges the board destroyed shareholder value by entering derivative contracts with shareholders in its sister company Hyundai Merchant Marine, in order to protect the chairwoman’s control of the...
...NOTE: Hyundai would escape lightly under the scenario outlined above – but according to Hoon Lee at Korea Investment and Securities Co, the founding Chung family could face a much stiffer bill than Samsung...
...Merchant Marine and Japan’s Mitsui OSK Lines....
...In Seoul, Hyundai Merchant Marine, a Korean shipping company, strode 3.6 per cent higher to Won25,950 on news Daewoo Shipbuilding & Marine Engineering plans to buy Hyundai Merchant shares....
Bullion is nearly $1,570 an ounce as stocks see post-crisis highs
...Hyundai Merchant Marine gained 2.1 per cent to Won33,900 as the shipping company’s affiliate Hyundai Elevator said it would buy 1.3m shares on the market to strengthen its control over the unit....
...In Seoul, Hyundai Merchant Marine soared 15 per cent to Won33,250 after its proposed share sale met opposition from major shareholders, prompting speculation the company may become a takeover target....
...Posco, the world’s third-biggest steelmaker, rose 5.1 per cent to Won493,000, its biggest rise for six months, while Hyundai Steel jumped 7.6 per cent to Won127,000....
...Shares in Hyundai Merchant Marine, the shipping arm, have lost more than 10 per cent since July 14, when creditors announced the Hyundai Engineering sale plan....
...Hanjin Shipping gained 4.3 per cent to Won37,900 and Hyundai Merchant Marine rose 3.1 per cent to Won33,600 on expectations of a business turnround....
...Hyundai Merchant Marine fell 1.4 per cent to Won23,900....
...South Korea’s Hanjin Shipping gained 1 per cent to Won21,100 and Hyundai Merchant Marine gained 2.4 per cent to Won27,300....
...Nippon Yusen gained 5.3 per cent to Y496 and Hyundai Merchant Marine gained 3.6 per cent to Won32,100....
...Toyota rose 6.6 per cent to Y2,930 and Korea’s Hyundai Motor gained 9.2 per cent to Won47,050....
...Muthiah, Chairman, SPIC Ltd, India Mehmet Narin, Chairman, United Asian Holdings Ltd., Hong Kong, China William G....
...s financial regulators said on Thursday they uncovered $1.2bn of accounting irregularities at Hyundai Merchant Marine. South Korea?...
...Fears about the strong won left carmaker Hyundai Motor nursing a loss of 2.4 per cent at Won51,900, although Hyundai Merchant Marine rose 2 per cent to Won15,200 as investors took the view that the weaker...
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