[Korea Selected financial newspaper reporters] '59 trillion (FSC) and 17 trillion won (usually the Ministry of Industry).
DSME restructuring, with a maximum loss estimates have been weighted chaos Give another number between government departments.
Ministry of Strategy and Finance Ministry said 26 days, put a press clarification materials in collaboration with the above banking Daewoo Shipbuilding loss estimate is 59 trillion won and 17 trillion won figure can not be compared with each other to vary the basic assumption that the fundamental premise of the calculation. Naohmyeonseo Daewoo Shipbuilding losses with a different number flows between departments is Shem spiral of evolution.
According to data FSC figures "do not support the new funds are made entirely from the lack of liquidity, the current angry situation company is handling bankruptcies is already dry of shipbuilding orders is suspended 'a' maximum calculated assuming a worst-case scenario It will be called.
In the case of the Ministry of Industry 'home court is not an immediate liquidation will not occur in a large building contract cancellation' has been applied. "Much of the cost is already put into the vessel during construction when the recovery plan to be implemented is not recognized as a loss" it is the content.
May seem like a simple happening, but come the intellectual conflict between the finance ministries dwaetdaneun the above Ministry surfaced in the process of adding support for the decision to DSME in the last 23 days.
Financial figures of the above DSME's main creditor bank, KDB Development Bank accounting firm KPMG Samjung presented based on the survey results, Daewoo Shipbuilding bankrupt during 59 trillion won, is punctuated the debate of "fear marketing". 23 days after Daewoo Shipbuilding decided to add support imjongryong Finance Chairman explained that the "assumes the worst 'in reality it is hard to get this much loss' in the relevant briefing.
After 23 days in the Ministry of late not a restructuring ministries tug-of-war for influence between the figures came to a flow of one trillion won '17 'Shall comes even comment. Before the government announced a joint secretary at the Ministry of Daewoo Shipbuilding Ju Hyeonghwan restructuring twice ministerial meeting did not directly participate.
Additional description can be the control tower did not act properly traffic comes criticism. Last June, the new general manager for the restructuring, strengthening industrial competitiveness between ministers, was held 11 times in Ryu Ilho economy Deputy Prime Minister presided over the substrate. 23 happened after this meeting been made by the government departments jointly announced the exit, but the ref's intellectual As significantly different positions between departments perching on a form.
In this connection base portion and the Financial Services Commission, Ministry of Industry discussed in the government and creditors work out, court, divestitures and restructuring plan of simple liquidity support all the choices analyze carefully the pros and cons of the possible ways of Daewoo Shipbuilding at Joint Press sheds It was through sufficient consultations between the authorities said the measures announced to creditors finally confirmed as'.
Meanwhile, Daewoo Shipbuilding should be a prerequisite to comprehensive debt restructuring, as well as national sachaegwonja bank bonds, banks can receive support new funds (2.9 trillion won). In the next month, Daewoo Shipbuilding sachaegwonja planned rally has been particularly noted that the pace of pension expires on April 21, holding bonds by 40%. Commercial banks should also be agreed, etc. 80% of the 700 billion won debt-for-equity swap unsecured debt.
Failure to debt restructuring, according to a government plan released 23 days Creditors of Daewoo Shipbuilding will enter the pre-regeneration plan system (Pre-packaged Plan, P Plan) in the form of a combination of court and workout.
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