Independent journal on economy and transport policy
15:42 GMT+2
Singamas agrees to link with Hyundai
(South China Morning Post)
August 18, 2000
Pamela Leung
Singamas Container has signed an agreement with Hyundai Precision & Industry a unit of South Korea's Hyundai Group to set up a joint venture in Shanghai to expand and upgrade its production capacity.
Hyundai Precision terminated its container-manufacturing factory in Korea's Ulsan in the debt-burdened Hyundai's restructuring exercise.
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