Friday, April 20, 2018

Sungdong Shipbuilding placed under court receivership

"Given its current financial status, any fresh injection of funds into the company will be irrecoverable due to its deteriorating competitiveness," Eun Sung-soo, chairman and president of Korea Eximbank, said at a news conference last month. EY Han Young accounting-consulting firm has said Sungdong ...

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