M&M Charts ₹3,000-crore Plan To Revive South Korean Arm SsangYong
The Hindu Business Line|February 12, 2020
Fund infusion likely to be through equity and bank loans
- Nandana James
M&M Charts ₹3,000-crore Plan To Revive South Korean Arm SsangYong

Mumbai, February 11

Mahindra & Mahindra Ltd is looking at infusing 450-500 billion Korean Won (₹2,700-3,000 crore) to bring its South Korean subsidiary SsangYong Motor Company back to profitability by 2022. SsangYong had posted its highest ever yearly loss in 2019.

The fund infusion is expected to be done through a combination of equity and bank loans, said Pawan Goenka, Managing Director, M&M.

この蚘事は The Hindu Business Line の February 12, 2020 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は The Hindu Business Line の February 12, 2020 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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