Kumagai Gumi eyes 300 bil. yen bailout

Kumagai Gumi eyes 300 bil. yen bailout

TOKYO, Japan - Kazutoshi Torikai, president of ailing construction firm Kumagai Gumi Co., speaks at a news conference in Tokyo on April 4. He said the company will ask its main creditor banks for 300 billion yen in a financial bailout under a fresh three-year restructuring plan, while seeking a merger with industry peer Tobishima Corp.

  • Product Code
  • ILEA001096334
  • Registered date
  • 2003/4/04 00:00:00
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  • Kyodo / Kyodo News Images
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  • 2003 Kyodo News
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