Cellumed Co. is moving to sell its profitable subsidiary HwanKyung ENG to address severe liquidity pressures, as mounting losses and a $18.6 million damages claim threaten its financial stability.
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#Cellumed #HwanKyungENG #Liquidity #DamagesClaim #SubsidiarySale
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=73257

Doosan Enerbility Co. is considering selling its Vietnamese subsidiary Doosan Vina, with HD Hyundai Group named as a potential buyer, as part of efforts to restructure overseas operations.
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https://en.infomaxai.com/news/articleView.html?idxno=66417

Lotte Chemical to divest Pakistan subsidiary for 97.9 billion won, aiming to enhance financial health and accelerate business restructuring
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https://en.infomaxai.com/news/articleView.html?idxno=51370