Big business group of S. Korea goes bankrupt

Pyongyang, January 18 (KCNA) — The Rasan Business Group of South Korea, one of big business groups, went bankrupt on January 14, a Seoul-based radio reported.

The Rasan Co. Ltd., the Rasan Engineering Construction Co. Ltd., the Rasan Circulation Co. Ltd., and another one, the hardcore of this group, drew dishonored bills of 11.6 billion Won and went bankrupt, faced with financial difficulties.

Image credit: https://www.flickr.com/photos/sheridansofasia/6043412845/

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