Hyundai Group to sell assets

[SEOUL] Hyundai Group, owner of South Korea's second biggest shipping company, plans to raise at least 3.3 trillion won (S$3.9 billion) by selling assets to boost cash.

Hyundai Group will sell Hyundai Securities Co and two other financial units to raise as much as one trillion won, it said in a statement...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to