Hyundai Heavy's sale of HI Investment face rocky start
Jul 14, 2016
[THE INVESTOR] Hyundai Heavy Industries Group’s plans for selling off HI Investment & Securities could be getting off to a rocky start with potential buyers taking a reserved approach. The sale is part of the shipbuilding conglomerate’s restructuring plans, and while a number of securities firms have been listed as potential buyers, their response so far has been lukewarm. The group holds 85.3 percent of Hi Investment & Securities through Hyundai Mipo Dockyard. Hyundai Mipo Dockyard’s largest sh