Marketlines Hyundai Merchant Marine Co Ltd.
Hyundai merchant marine subsidiaries. Hyundai Merchant Marine Co Ltd. HMM one of Koreas vulnerable industries that needed downsizing will become a subsidiary of Korea Development Bank KDB. Logistics service company including two major wholly-owned subsidiaries Quanzhou Antong Logistics Co Ltd.
Financial authorities and creditors will make Hyundai Merchant Marine Co. Financial authorities and creditors will make Hyundai Merchant Marine Co. Hyundai Merchant Marine Co Ltd.
HMM has formed a global business network with four international head-quarters 28 subsidiaries 76 branches 6 overseas offices and 10 liaison offices. Hyundai Groups flagship Hyundai Merchant Marine HMM will become a subsidiary of the Korea Development Bank KDB after a shareholders meeting voted to remove family control over the group. Hyundai Merchant Marine America Overview.
As of March 2007 Hyundai Engineering and Construction which was later acquired by the Hyundai Motor Company is the main shareholder of Hyundai Merchant Marine which is the de facto holding company of Hyundai Group. Purchased Hyundai No1 first car carrier in Korea. Hyundai Merchant Marine America Inc.
From Macquarie Korea Opportunities Management Ltd Hanjin Shipping Co Ltd. Operates as a subsidiary of Hyundai Merchant Marine Co. Container News understands that the move had been planned for around two years to reflect the companys new corporate identity as the Hyundai group is no longer HMMs largest shareholder after swapping debt for equity with the companys banks.
Diana Containerships announced that through a separate wholly-owned subsidiary it has entered into a time charter contract with Hyundai Merchant Marine Co. Hyundai Merchant Marine America Inc. Its largest shareholder Hyundai Elevator will reduce its shares in HMM and financial institutions i.