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Daehan Shipbuilding has successfully attracted an investment of 200 billion won.
On August 31, Daehan Shipbuilding announced the success of attract investment worth 200 billion won from KHI-HANTO‧SG consortium.
So a special contract of management normalization with creditors representative of the Korea Development Bank was ended on August 31 and KHI become a the largest shareholder acquiring 95% Daehan Shipbuilding's shares.
Daehan Shipbuilding is likely to be improve financial solvency due to new finance inflow because this attract investment was finished and then solve encroachment.
Meanwhile, it is expected to proceed to receive an order actively because Daehan Shipbuilding would take a support for increasing refund guarantee and shipping finance from Korea Development Bank.
KHI became a new strongman of the shipbuilding industry through acquring Daehan Shipbuilding and K Shipbuilding(former STX Shipbuilding and Marine Industry) last July. KHI is supposed to grow a middle-sized Shipbuilding Industry in the world proving a strategic synergy.
The person of KHI said " we could finish the attract investment due to our executives and staff members including business partners to try for increasing industrial competitive power in a sustained management crisis and under difficult situation.