Newsletter

Negotiations to sell HMM finally break down

[사진=HMM] Negotiations to sell HMM finally broke down. Accordingly, HMM will maintain the management system of creditors, including KDB Korea Development Bank (KDB), for the time being. On the 7th, KDB announced, “KDB, Korea Ocean Business Corporation and the preferred bidder engaged in negotiations in good faith under mutual trust during the seven-week negotiation period,” […]

Negotiations Break Down between HMM Vendors and Preferred Procurement Negotiator

According to related industries on the 7th, negotiations between the Korea Development Bank and Korea Ocean Business Corporation, HMM’s vendors, and Harim Consortium (Pan Ocean and JKL Partners), the preferred procurement negotiator, finally broke down. Negotiations between the two sides, which proved difficult, were said to have narrowed their differences as Harim withdrew many of […]

Negotiations for Sale of HMM with Pan Ocean-JKL Partners Harim Group Consortium Collapse

[비즈니스포스트] Negotiations to sell HMM broke down. KDB Korea Development Bank and Korea Ocean Business Corporation announced on the 7th that negotiations for the sale of HMM with the Pan Ocean-JKL Partners Harim Group consortium have collapsed. ▲ HMM sales fell. Both sides tried to reach an agreement by postponing the deadline for negotiation once […]

Korea Development Bank positively evaluates Taeyoung Group’s additional self-rescue plan

[비즈니스포스트] Korea Development Bank KDB, Taeyoung Construction’s main creditor bank, positively evaluated Taeyoung Group’s additional self-rescue plan. On the 9th, the Korea Development Bank said in a statement regarding the additional self-rescue plan for the exercise of Taeyoung Construction, “Creditors positively evaluate the additional self-rescue plan announced by Taeyoung Group and the willingness of the […]

Harim Group Selected as Preferred Bidder for Acquisition of HMM

[비즈니스포스트] Harim Group was selected as the preferred bidder to acquire HMM, Korea’s largest container shipping company. KDB Korea Development Bank and Korea Ocean Business Corporation (Haejin Engineering & Construction) announced on the 18th that they have selected a consortium of Pan Ocean and JKL as the preferred negotiating party for the sale of 398.79 […]

Thai Volleyball Star Ponpoon Adapts to Korean V-League

Adapting to Korean Volleyball: The Story of Thai Setter Ponpoon Starting this season, the V-League introduced the Asian quota, and in the draft, IBK Industrial Bank received the first pick and recruited Thai national Ponpon Gedpard. Thailand is known as one of the three great powers of Asia along with Japan and China. Ponpoon is […]