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22 January 2020 The on-line newspaper devoted to the world of transports 12:54 GMT+1



June 26, 2019

Shipyard creditors get 20% stake in Hanjin

By Mayvelin U. Caraballo, TMT
The Manila Times

A portion of the $412-million exposure of five Philippine banks to a bankrupt shipbuilder in Subic, Zambales province has been converted to a 20-percent stake in its South Korea-based parent company, an official of listed Rizal Commercial Banking Corp. (RCBC) said ......
Read more on The Manila Times





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