Independent journal on economy and transport policy
19:48 GMT+2
Rumors of Hyundai liquidity crisis ruled out FSC Chairman Lee
(The Korea Herald)
September 16, 1999
Financial Supervisory Commission Chairman Lee Hun-jai yesterday ruled out the possibility of the Hyundai Group becoming embroiled in a liquidity crisis, saying that Hyundai is a far cry from Daewoo.
"Hyundai is totally different from Daewoo. I don't think it will face major financial problems," Lee said.
Recently, rumors have been circulating ...... Read more on The Korea Herald
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