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S KOREAN HANWHA CORP TO SELL 5.35% STAKE IN KOREA LIFE INSURANCE.

Publication: AsiaPulse News
Publication Date: 24-DEC-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SEOUL, Dec 24 Asia Pulse - Hanwha Corp. (KSE:000880), a South Korean producer of explosives, said Monday it has decided to sell part of its stake in Korea Life Insurance Co. to its affiliate Hanwha Engineering & Construction Co. to improve its financial structure.

Hanwha will sell 38 million...

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