Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

STX Group Says ‘No Financial Problem’ After Units Shares Tumble

Oct. 21 (Bloomberg) -- STX Group said it had no financial troubles after shares of units tumbled amid concerns about its funding.

“There is no financial problem at STX,” the group said in an e-mailed reply to Bloomberg News queries. “Business is normal.”

STX Pan Ocean Co., the group’s shipping arm, earlier today fell by the 15 percent daily limit in Seoul trading. STX Offshore & Shipbuilding Co. dropped as much as 11 percent.

Link to Company News:{028670 KS <Equity> CN <GO>} Link to Company News:{011810 KS <Equity> CN <GO>} Link to Company News:{067250 KS <Equity> CN <GO>} Link to Company News:{077970 KS <Equity> CN <GO>} Link to Company News:{SOH SP <Equity> CN <GO>}

To contact the reporter on this story: Kyunghee Park in Singapore at kpark3@bloomberg.net

To contact the editor responsible for this story: Neil Denslow at ndenslow@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.