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Hyundai Development Chairman To Inject $1.7 Bln In Fresh Funds Into Asiana
S.Korea's Aekyung Group Says Forms A Consortium For An Asiana Airlines Stake With Stonebridge Capital
Kumho Industrial Signs 69.3 Billion Won Contract With South Korea's Ministry Of Justice
Kumho Engineering & Construction Co Ltd, formerly Kumho Industrial Co Ltd, is a Korea-based company principally engaged in the construction business. The Company operates its business through three segments. The Construction segment is engaged in construction and civil engineering construction. The Transport segment operates business of air transport. The Other Business segment is involved in business of facility management and others.
Jae Hwan Seo
Chief Executive Officer, Director
Yin Beom Jung
Gyu Hwan Jeon
Gwang Sik Jung
Do Hui Lee
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A consortium led by South Korea's construction firm Hyundai Development Co has been picked as the preferred bidder for a controlling stake in Asiana Airlines, the carrier's top shareholder Kumho Industrial said on Tuesday.
Three bidders, including a consortium led by South Korean conglomerate Aekyung, submitted formal bids for a controlling stake in Asiana Airlines Inc , the country's No. 2 carrier, company officials said on Thursday.
South Korea's Kumho Industrial Co Ltd said on Thursday it has hired Credit Suisse to manage the sale of its stake in Asiana Airlines.
Kumho Industrial said on Monday it had decided to sell its one third stake in Asiana Airlines, worth around 356.3 billion won ($314.25 million)
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