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Title Ssangyong Motor Ends 5-Year Debt Workout Program Thursday
Date 2012.08.21

Ssangyong Motor Co., will graduate Thursday from a debt workout program that it entered more than five years
ago, company officials said Sunday.

"Ssangyong Motor will officially graduate from the workout program on Jan. 27 when Shanghai Automotive
Group completes its remaining acquisition payment for shares worth US$400 million," they said.


- Source from Yonhap News (Jan 23, 2004) -

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