Tongyang Cement goes into court receivership

Tongyang Cement goes into court receivership
Published: 03 October 2013

Tagged Under: South Korea Tongyang Cement 

Tongyang Cement has become the fifth victim of the group-wide financial agony. On 1 October the cement unit of Tongyang Group said in a regulatory filing that it applied for court receivership with the Chuncheon (Gangwon Province) District Court.



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