Daewoo chief's control is limited to autos, trading

September 1999
Automotive News;9/6/1999, Vol. 74 Issue 5836, p28
Trade Publication
Reports that Daewoo Group founder Kim Woo Choong is expected to retain management control of only two of the financially troubled group's 12 core units. Details of a program designed to prevent a complete collapse of Daewoo; Plan to have Kim run only Daewoo Motor Co. and Daewoo Corp.; South Korean Financial Supervisory Commission's decision to have individual units operate as independent firms.


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