Independent journal on economy and transport policy
08:39 GMT+2
Hyundai Merchant embarrassed by market reaction to plan to sell auto-shipping unit
(The Korea Herald)
March 12, 2002
Hyundai Merchant Marine (HMM) is perplexed by the unfavorable market reaction to the recently announced plan to sell off its vehicle-shipping operations.
While the company expected the plan to boost its stock price, the market reacted to the contrary.
On March 5, one day after the announcement, the company's stock price fell 5.59 percent to end at 3,210 ...... Read more on The Korea Herald
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