Hacker posts more S. Korean reactor info on Internet

STX Dalian units file for bankruptcy protection: report

kh close


Published : 2014-06-28 12:09
Updated : 2014-06-28 12:09

Six subsidiaries of STX Dalian Group, STX Corp.'s China unit, have filed for bankruptcy court protection in the country's northeastern Liaoning province as they struggle with mounting debts, China's state-run media reported Saturday.

The filing to seek "bankruptcy reorganization proceedings" by the six affiliates of STX Dalian, including STX (Dalian) Shipbuilding Co. and STX (Dalian) Engine Co., was made with the Dalian Intermediate People's Court on Thursday, the China Daily reported.

Creditors must submit claims to the six subsidiaries before Sept. 26, the report said, citing a statement issued by the Dalian court.

STX Corp., a troubled South Korean shipbuilding and shipping company, established the Chinese unit in 2007.

Hit by a global slump in the shipbuilding and shipping industries, the South Korean company has been struggling to repay debts with fundraising efforts.

A shipyard of STX Dalian, which has more than 21,000 employees, has not paid workers for months, the report said.


Photo News

티아라 효민 멋진 뒤태에 남심 흔들

섹시백 선발대회 몸매 뽐내는 참가자들

카자흐 女배구선수 초특급 미모, 전세계 ‘깜짝’