The Hyundai Group - money good?

Rumours of Hyundai''s demise are greatly exaggerated. Despite the bad publicity of late, the group has strong cash-generating potential and contingency risks have been largely contained.
July 14, 2000

May and June were busy months for the Hyundai Group, which has been squarely in the public spotlight for two key reasons. First, the requests for extensions of overdraft limits from Hyundai Engineering & Construction and Hyundai Merchant Marine to their creditor banks. Second, a glaring W1.2 trillion ($1.08 billion) negative net asset situation at Hyundai Investment Trust & Securities.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media