Independent journal on economy and transport policy
01:34 GMT+2
Daewoo Heavy in Better Position Than Others
(The Korea Times)
October 18, 1999
The recently released due diligence report on Daewoo Heavy Industries (DHI) placed the company in far better financial position than other ailing business units.
The Korea Development Bank said yesterday that the DHI's total equity value is reported to exceed its liabilities, making it a more attractive unit for foreign investment.
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