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Hanjin Shipping liquidates Chinese affiliate shares worth US$18.2m
By 황유미Published : June 24, 2016 - 08:11
[DISCLOSURE] Hanjin Shipping (117930) has decided to sell share of its Chinese affiliate Shandong Hanjin Logistics worth 9.5 billion won (US$8.3 million) to secure liquidity, it announced on June 24.
The shipping company will also sell its shares of Dalian Hantong Logistics and Shanghai Hanjin Freight & Transportation, worth 2.6 billion won and 8.8 billion won respectively, it announced in separate statements.
The shipping company will also sell its shares of Dalian Hantong Logistics and Shanghai Hanjin Freight & Transportation, worth 2.6 billion won and 8.8 billion won respectively, it announced in separate statements.
