South Korea: Creditors could put Hyundai Cement on sale in 2016, according to sources quoted by the Korea Herald. The South Korean cement producer has been on a debt management scheme. Its creditors, led by the state-run Korea Development Bank, will be able to complete any sale when the lock-up period on their shares in the company expire at the end of 2016.
Previously the company suffered financially from the misfortunes of its affiliate Sungwoo Engineering & Construction. Sungwoo has since been sold to other investors.