Kumho Asiana Group, China's HNA Group stand received 160 billion won investment

[Korea's financial standing hyomun newspaper reporter] HNA Group, China (Hainan Airlines Group) will invest 160 billion won to Kumho Asiana Group.

Kumho Holdings has posted 15 days that the HNA Group BWs (BW) issued to acquire working capital purposes in 1600, respectively.

Kumho Asiana 'investments in dimension to promote strategic synergies between Kumho Asiana Group and HNA Group, said "This agreement last December the amount chairman cooperation possible areas (hotels in Seoul, resort development, ground handling, aircraft MRO and as a result of discussions on the overall business, catering, etc.) it said.

Affiliate Gate Gourmet Switzerland (Gate Gourmet Switzerland GmbH) of HNA Group and the end of last year, Asiana Airlines, the first button on the amount of inter-group cooperation was a joint investment scheme established joint venture "Gate Gourmet Korea 'for the meals business, this investments by the second collaboration between the two groups continue to foster synergy plans through ongoing partnerships expand in various fields, including hotels, resort development projects.

HNA Group is the largest shareholder of the fourth airline, Hainan Airlines and the Hilton Hotels in China, owns the world's largest ground handling company Swiss port, a global catering company Gate Gourmet Switzerland, the world's third largest aviation maintenance companies JSR techniques and more.





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