Most Popular
-
1
Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
-
2
Wealthy parents ditch Korean passports to get kids into international school
-
3
Man convicted after binge eating to avoid military service
-
4
First snow to fall in Seoul on Wednesday
-
5
Final push to forge UN treaty on plastic pollution set to begin in Busan
-
6
Korea to hold own memorial for forced labor victims, boycotting Japan’s
-
7
Nvidia CEO signals Samsung’s imminent shipment of AI chips
-
8
Industry experts predicts tough choices as NewJeans' ultimatum nears
-
9
Job creation lowest on record among under-30s
-
10
NK troops disguised as 'indigenous' people in Far East for combat against Ukraine: report
Five bidders have been taken through to the final round in the auction of Sambu Construction Industrial, a local building materials-maker with annual revenue of around 50 billion won ($43,400), the deal’s manager Samjung KPMG said Friday.
Sambu Construction Industrial is 99 percent owned by KOSPI-listed Sambu Construction, which is currently under court receivership. It specializes in the production of prestressed high-strength concrete piles, ranking fourth in the local PHC market. It recorded revenue of 54.8 billion won and operating profits of 6.8 billion won in 2014.
The final bidding round is schedule for April 22.
By Lee Sun-young (milaya@heraldcorp.com)
