Court mulls selling STX units together

The South Korean court is considering putting troubled STX Offshore and Shipbuilding on sale with the company’s two affiliates as a package, sources said Tuesday. STX, the nation’s fourth-largest

Court likely to push for ‘package sale’ of STX units

[THE INVESTOR] A South Korean court may push for the “package sale” of STX Offshore & Shipbuilding and its two affiliates, according to industry sources on Oct. 4. STX filed for court receivership in

Over 1,100 companies under court receivership in Korea

), including South Korea‘s largest container carrier Hanjin Shipping and shipbuilder STX Offshore & Shipbuilding. However, only 18 judges are in charge of the bankruptcy filings at the Seoul court. As a result

KEXIM logs massive H1 loss on bad debts to shipbuilders

Shipbuilding & Marine Engineering, STX Offshore & Shipbuilding and Sungdong Shipbuilding & Marine Engineering. In August, the agency categorized Daewoo Shipbuilding’s debts as “precautionary”, from “normal

STX Engine to pay W6b additional tax after investigation

[DISCLOSURE] STX Engine (077970) said on Sept. 9 that the Changwon District Tax Office has levied an additional tax of 6.3 billion won (US$5.72 million) on it after a tax investigation. By Park Yuna ()

Court receivership continues to rise in South Korea

Shipping and shipbuilder STX Offshore & Shipbuilding. By Ahn Sung-mi ()

8 out of 10 listed firms have poor corporate governance

of “A+”. However, 28 companies, including STX Heavy Industries, Namyang Dairy Products, Hyundai Merchant Marine and Hyosung, received the lowest “D” grading. No company earned the highest “S” rating

Hanjin to set tone for future corporate rescues

, the KDB led other creditors to pour 4.5 trillion won into STX Offshore and Shipbuilding since April 2013, only to see it file for court receivership earlier this year. The Financial Services

[HANJIN CRISIS] Hanjin to set tone for future corporate rescues in S. Korea

, the KDB led other creditors to pour 4.5 trillion won into STX Offshore and Shipbuilding since April 2013, only to see it file for court receivership earlier this year. The Financial Services

Banks dented by corporate restructuring

soared 0.12 percentage points for the past one month to 1.16 percent. STX Offshore and Shipbuilding that field for a court receivership in May affected the ratio to rise, the FSS explained. By Song Su-hyun