Hanjin Shipping Asia-U.S. operations to be put up for sale as early as Friday: South Korea court

Hanjin Shipping Asia-U.S. operations to be put up for sale as early as Friday: South Korea court
 

The South Korean court overseeing Hanjin Shipping Co's (117930.KS) receivership process plans to put the collapsed shipper's Asia-U.S. operations up for sale as early as Friday, a court spokesman said on Thursday.
The spokesman declined to comment on potential price or interested parties for the assets.
Hanjin Shipping, which applied for court receivership in late August, is due to submit a rehabilitation plan to a Seoul court in December.
(Reporting by Joyce Lee; Writing by Hyunjoo Jin; Editing by Kenneth Maxwell)
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13 October 2016 in Business, Views: 65
Source: Reuters
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