Korea Asset Management Corp. may consider selling stakes it owns in Daewoo Shipbuilding & Marine Engineering Co., Ssangyong Engineering & Construction Co. and Ssangyong Cement Industrial Co. in separate block sales if it fails to find potential buyers. The comments were made in a report to lawmakers today. The agent has been working with Korea Development Bank, which also owns shares in the three companies, to sell the stakes.
To contact the reporter on this story: Seonjin Cha in Seoul at email@example.com
To contact the editor responsible for this story: Kyunghee Park at firstname.lastname@example.org