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Tags Korea Development Bank (KDB)

Tag: Korea Development Bank (KDB)

HMM sale to Harim-JKL collapses

HMM will not be sold to the Harim Group-JKL Partners consortium, after talks with the South Korean flagship carrier’s state-controlled shareholders, Korea Development Bank...

HMM suitor Dongwon receives KDB funding to run Busan terminal

South Korean logistics and deep-sea fishing conglomerate Dongwon Group, which is one of the bidders for HMM, has secured approximately US$280 million in financing...

Update: KDB to exchange 37% of HMM convertible bonds; state to sell nearly 58% stake

Korea Development Bank (KDB) has announced that as part of its divestment of HMM's shares, it will sell all its existing shares, plus 37%...

Advisors appointed for HMM sale

Samsung Securities has been appointed to manage the sale of the South Korean government’s shares in HMM, while Samil PricewaterhouseCoopers and law firm Lee...

Korea Development Bank, Korea Ocean Business Corporation start HMM sale process

HMM's two largest stakeholders, Korea Development Bank (KDB), and Korea Ocean Business Corporation (KOBC), announced on 2 March that they will form an advisory...

KDB sounds out potential buyers for HMM shares

Korea Development Bank (KDB) has identified Hyundai Motor, steel mill POSCO, logistics group LX Pantos and SM Line as potential buyers for its 20.69%...

KOBC, KDB start container leasing scheme for mid-sized South Korean feeder players

Korea Ocean Business Corporation (KOBC), a state-backed ship finance organisation, will invest US$69.5 million in the K-Container Box Fund Investment Program, along with Korea...

South Korea’s Minister: HMM divestment depends on market conditions

South Korea’s Minister for Oceans and Fisheries Cho Seung-hwan said on 6 October that stock market conditions and the shipping cycles would determine when...

Hanwha poised to take charge of DSME

South Korean chaebol Hanwha Corporation is set to enter the shipbuilding business after being named today (26 September) as a preferred bidder to buy...

New KDB boss: HMM, DSME must be sold at soonest

Newly appointed Korea Development Bank (KDB) chairman Kang Seok-hoon said in a press briefing that the bank must divest its holdings in the country’s...
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