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CREDITORS SEEK COURT RECEIVERSHIP FOR DONG AH CONSTRUCTION.
SEOUL, Jan 2 Asia Pulse - Creditors of South Korea's bankrupt Dong Ah Construction Industrial Co. seek to place the firm under court receivership in a bid to get it back on track, a state-run asset management firm said Monday.
Korea Asset Management Corp. (KAMCO), the second largest creditor, said it signed a memorandum of understanding (MOU) on the plan with leading creditor Goldman Sachs on Dec. 20.
The MOU also calls for the creditors to hold bidding to sell off Dong Ah in February or March, according to KAMCO.
...- KOREA EXPRESS SWAPS DONG-AH CONSTRUCTION'S DEBT INTO EQUITY.
- News wire article from: AsiaPulse News May 26, 2006 700+ words
...cent of its debt guarantees for bankrupt Dong-Ah Construction & Industrial Co. into equity. Dong-Ah, a former affiliate of Korea Express...September 1998. As the debt guarantor of Dong-Ah, Korea Express converted 121.2 billion...
- Korea Express swaps Dong-Ah Construction's debt into equity.
- News wire article from: YON - Yonhap News Agency of Korea May 27, 2006 700+ words
...percent of its debt guarantees for bankrupt Dong-Ah Construction & Industrial Co. into equity. Dong-Ah, a former affiliate of Korea Express...September 1998. As the debt guarantor of Dong-Ah, Korea Express converted 121.2 billion...
- MALAYSIA: CONSTRUCTION START-UP ON PLANNED $360,000,000 REFINERY IS TENTATIVELY...
- Newspaper article from: WWP-Report on Engineering Construct & Plant Operations in the Developing World June 1, 2000 700+ words
...360,000,000 subcontract to DONG AH CONSTRUCTION INDUSTRIAL CO. of South Korea. As things currently stand, DONG AH is expected to sign the subcontract...General Civil Engineering) DONG AH CONSTRUCTION INDUSTRIAL CO. LTD. CPO Box...
- Fourteen firms submit bids to buy Dong Ah Construction Industrial.
- News wire article from: YON - Yonhap News Agency of Korea June 20, 2006 700+ words
...preliminary offers to acquire Dong Ah Construction Industrial Co., a builder...Management Corp. said Monday. Dong Ah Construction has been under a debt workout...submitted letters of intent for Dong Ah Construction Industrial Co.," said...
- 14 FIRMS SUBMIT BIDS TO BUY DONG AH CONSTRUCTION INDUSTRIAL.
- News wire article from: AsiaPulse News June 20, 2006 700+ words
...preliminary offers to acquire Dong Ah Construction Industrial Co. (KSE:000280...Management Corp. said Monday. Dong Ah Construction has been under a debt workout...submitted letters of intent for Dong Ah Construction Industrial Co.," said...
- Dispute Expected With Libya Over Troubled Dong-Ah Construction.
- Newspaper article from: Korea Times (Seoul, Korea) February 8, 2001 700+ words
...Korea and Libya over troubled Dong-Ah Construction Industrial as the Libyan government...and Transportation Ministry and Dong-Ah confirmed yesterday that Construction...make a decision on the fate of Dong-Ah after reviewing the report in...
- Dong-Ah Construction's canceled license won't be revived: ministry.
- News wire article from: YON - Yonhap News Agency of Korea August 26, 2006 700+ words
...Aug. 25 (Yonhap) -- Dong-Ah Construction Industrial Co., a South...Transportation said Friday. Dong-Ah Construction Industrial has been under...final bidder next month. Dong-Ah Construction Industrial's business...
- DONG-AH CONSTRUCTION'S CANCELED LICENSE WON'T BE REVIVED.
- News wire article from: AsiaPulse News August 25, 2006 700+ words
...SEOUL, Aug 25 Asia Pulse - Dong-Ah Construction Industrial Co. (KSE...Transportation said Friday. Dong-Ah Construction Industrial has been under...final bidder next month. Dong-Ah Construction Industrial's business...
Source: HighBeam Research, CREDITORS SEEK COURT RECEIVERSHIP FOR DONG AH CONSTRUCTION.