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S. KOREA'S SEWON TELECOM FILES FOR BANKRUPTCY.

Publication: AsiaPulse News

Publication Date: 03-MAY-04
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COPYRIGHT 2004 Asia Pulse Pty Ltd

SEOUL, May 3 Asia Pulse - Sewon Telecom Co. (KOSDAQ:36910), a South Korean mobile phone maker, said today it has filed a petition for court receivership with a bankruptcy court in Incheon, citing its debt burden.

"We filed for bankruptcy in an effort to reorganize our debts and continue...

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