SOUTH KOREA: GM-Daewoo JV inauguration pushed back - report
The Korea Herald reports that the inauguration of GM-Daewoo Auto & Technology scheduled for early October may now be pushed back to the middle of October due to a protracted court review of Daewoo Motor's liquidation plan. The newspaper report says that in order to launch the new GM-Daewoo entity, the liquidation plan for the bankrupt carmaker's outstanding debts needs to be finalised by the end of this week.
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