[Korea financial newspaper Choice reporters] imjongryong finance chairman (pictured) is the 18th consideration include ways to make the Big Three to the big two in 'the process said,' DSME will find the owner through mergers and acquisitions (M & A) ' It said it would be. "
Day treatment at a press briefing after the debt restructuring proposal approved both in the 4-5 cars remaining Shipbuilding & Marine sachaegwonja rally imjongryong chairman of Daewoo Shipbuilding if a small but solid company since 2018 shipbuilders, including a strategy to make the Big Three to the Big 2 I think the restructuring of the entire target would not be possible "he said.
However imjongryong chairman 'difficult reality, it finds a host in a non-solid Daewoo Shipbuilding this year on a stage status meantime there was not just one such attempt should've found out where the potential number of potential private' saying ' How to take the issue to a situation of Daewoo Shipbuilding and progress is ultimately explained, I am thinking '.
Sachaegwonja rallies remaining after debt restructuring procedure is the consent of the investors Commercial Paper (CP). After finishing up here DSME is a 2.9 trillion won sized new funds are committed.
Imjongryong chairman of that saying 'enough'm throwing again for that new funding is done at the failure to reach the situation to normalize' 'Let's 5.3 trillion won sized Daewoo Shipbuilding built the plan thoroughly implement management and overseeing civilian experts center so that Daewoo Shipbuilding will create a commission to normalize yirwoji without a hitch, he said.
Also chairman imjongryong about having a vote to accept the day sachaegwonja rally was "particularly I guess you had a pension, including institutional investors, many difficulties had 'said' internal labor will surprisingly understand enough about that they should have gone through that process and, therefore, Share to thank you for your down to a reasonable decision "he said.
By imjongryong chairman 'does not have to be considered as conditions for it enough consideration is also contingent liabilities these areas due to litigation should the management ", saying" Given the restructuring and the current accounting fraud lawsuit claims a 140 billion won scale pension etc. dont prepared proposals will, as needed, he said.
Imjongryong Chairman, we expect to obtain consent at the latest within a week from the CP holders' said said "the creditors and to obtain the consent of Daewoo Shipbuilding will do our best."
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