RegisterSign In

Kumho Asiana Group Shares Jump Following Creditor Support

image

Messages of support from major creditors such as Korea Development Bank and a restructuring plan have led to shares in the Kumho Asiana Group – which includes Kumho Tire – experiencing a jump of up to 15 per cent in Tuesday trading, say Reuters reports. The state-run bank helped the company to suppress ideas that the Group could be heading for court receivership. The gains outpaced a general improvement of 0.7 per cent in the rest of the market. .. Please login below.


To read the FULL article, please login below.

  • emailEmail to a friend
  • print Print version

Login to read the full story

Access to our extensive library of tyrepress.com news articles is only a click away.


Haven't got an account?

By subscribing to the tyrepress.com web site you get access to:

  • Read all the latest articles
  • View related businesses
  • Become active on our forums
  • Download our magazine online
  • View industry related Market Data
  • Read about upcoming Events


Business Directory