Tuesday, March 14, 2017

"Hyundai Oil Bank, the majority shareholder do not have a big effect change."



[Hyomun financial newspaper reporters standing in Korea] suggests that there is no significant impact is expected for Hyundai Oil Bank shareholder that has changed in modern robotics (provisional) from Hyundai Heavy Industries, one day next month.

Korea Investors Service (KIS or less) was evaluated 2-14 days as a 'refinery, robust earnings sustainability and potential risks "held a seminar webcasting.

Songminjun KIS researchers "Hyundai Heavy Industries Group is the largest shareholder of Hyundai Oil Bank to conduct split into six business part one days next month will be changed from Hyundai Heavy Industries in modern robotics," he said "two trillion won in the process of transferring ownership to the modern robotics of the debt it would have moved together said two large-recurring charge of Hyundai Oil bank. "

He added: "Of course, even before splitting Hyundai Oil Bank's main difficulty was greater due to the sales decrease," he added, "with the effect that the liability is transferred on a Hyundai Oil Bank pas decision will not be significant."







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