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06 February 2016 The on-line newspaper devoted to the world of transports 21:15 GMT+1

September 16, 1999

Rumors of Hyundai liquidity crisis ruled out FSC Chairman Lee

Financial Supervisory Commission Chairman Lee Hun-jai yesterday ruled out the possibility of the Hyundai Group becoming embroiled in a liquidity crisis, saying that Hyundai is a far cry from Daewoo.

"Hyundai is totally different from Daewoo. I don't think it will face major financial problems," Lee said.

Recently, rumors have been circulating ......
Read more on The Korea Herald

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