Independent journal on economy and transport policy
19:33 GMT+2
Hyundai Heavy to cut debt ratio to 160 percent
(The Korea Herald)
June 10, 1999
Hyundai Heavy Industries (HHI) said yesterday that after it goes public in August, it will work to reduce its debt ratio to 160 percent by the end of this year.
The company noted that the targeted ratio is lower than 196 percent, the level initially set earlier this year.
Hyundai expects to increase its capital to 270 billion won from the current 210 billion ...... Read more on The Korea Herald
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