SOUTH KOREA: Hyundai Investment Trust to Secure Foreign Capital Next Month
Hyundai Investment Trust Securities will be finalizing an official contract with American Insurance Group within a month. The will be a 900 billion won ($809 million) foreign capital investment. The company, at an investment briefing session hosted by Hyundai Securities in Seoul, said all of its executives are prepared to resign if the company's capital is not increased to 1.2 trillion won by Feb. 28.
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