Page 4 - Harim News Today

Harim Group’s consortium was named as the preferred bidder for debt-ridden container ship company HMM, leaving concerns about how it would fund the acquisition worth 6.4 trillion won ($4.9 billion), industry sources said Tuesday. Outbidding rival Dongwon Group, the company is expected to take over the 57.9 percent stake owned by controlling shareholders of HMM -- the state-run Korea Development Bank and Korea O...

Harim Holdings on Tuesday said it has been chosen as the preferred bidder to buy control of South Koreas biggest container…

A consortium led by Harim Group has secured its position as the preferred bidder for the acquisition of South Korean shipping company HMM.

A consortium led by Harim Group was picked Monday as the preferred bidder for South Korea's top container shipper HMM Co., controlling shareholders said, heralding the start of its privatization. Last month, two state agencies -- the state-run Korea Development Bank (KDB) and the Korean Ocean Business Corp. -- conducted a final bidding for their controlling stake in HMM, drawing the Harim-JKL Partners consortium...

 Korea’s state-owned financial institutions took a key step in the long-running effort to privatize HMM announcing they selected the bid from the pare...

The sell-off attempt of South Korea’s largest container shipper HMM has turned into a tit-for-tat tussle as the state-run sellers delay the decision between two bidders -- Dongwon Group and Harim Group -- while they continue to battle over the prolonged bidding process. Dongwon last week filed a complaint over the fairness of the bidding process and raised the possibility of taking legal action if the state-run...

The attempt to sell off South Korea’s largest container shipper HMM has been delayed while the two bidders -- Dongwon Group and Harim Group -- continue to battle over the bidding process. Dongwon last week filed a complaint over the fairness of the bidding process and raised the possibility of taking legal action if the state-run Korea Development Bank and the Korea Ocean Business Corporation, the owners of 39....

Squid Game

As the year draws to a close, acclaimed actor Lee Jung Jae has performed a significant act of kindness. Recently honored with the Beautiful Artist A…

As the year concludes, Squid Game fame, actor Lee Jung Jae, awarded the Beautiful Artist Award, generously donates his 50 million KRW prize to aid struggling veteran filmmakers. Read on!