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KOREA'S FIRST MARINE FUND COMPANY TO BE COMMISSIONED.

AsiaPulse News

| February 04, 2003 | COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Feb 4 Asia Pulse - Ten domestic firms signed on January 30 an agreement to launch a marine fund company by investing 7.3 billion won (US$6.19 million), the Ministry of Maritime Affairs and Fisheries said Tuesday.

The company, the first of its kind in Korea, will be inaugurated Thursday, the ministry said.

The 10 investors include Daewoo Shipbuilding and Marine Engineering (KSE:42660), STX Shipbuilding, Korea Line, the National Federation of ...

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Source: HighBeam Research, KOREA'S FIRST MARINE FUND COMPANY TO BE COMMISSIONED.

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