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Korea Medias Say Purchase between BOE and Hynix is about to Canceled.

Asia Africa Intelligence Wire

| December 05, 2002 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From SinoCast China Business Daily News)

ROK, December 06, SinoCast -- It is reported by Seoul Economic Daily on December 3 that BEO's purchase on Hynix's LCD (Liquid Crystal Display) plant is likely to be canceled. Because Chohung Bank, one of Hynix's creditors, is not willing to support the US$ 380-million purchase.

Previously, Chohung Bank and other …

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