Park Kee-hoon
Park Kee-hoon. Photo: SM Line

Flush with cash, South Korean liner operator SM Line has decided it would be more fruitful to invest its excess funds in its larger compatriot rival, HMM, than to leave the money in the bank to earn meagre interest.

Yesterday, SM Line CEO Park Kee-hoon said: ...

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    HMM IPO M&A SM Line