FACTBOX-Major South Korean state assets up for sale
Nov 11 (Reuters) - Following are major companies and stakes
which the South Korean government and state-run agencies plan
to sell. [ID:nSEO303606]
COMPANY STAKE (%) TIME ESTIMATED
VALUE (won)
Woori Finance (053000.KS) 23 immediate 3
trln
Korea District Heating Corp* about 24 Dec up to 142
bln
Korea Power Eng 20 Nov 186.5
bln
Grand Korea Leisure** 28 Nov 222.7
bln
Incheon Int'l Airport 49 N/A 2
trln***
KDB Financial Group minority stake by May 2014
N/A
Korea Life 49 post-2010 IPO 1.4
trln****
GM Daewoo Automotive 17 by 2012 213
bln****
NOTES:
* Korea District Heating IPO likely to be delayed to December.
** Casino operator Grand Korea Leisure will be listed this month.
*** Net asset value based on 2007 financial results.
**** Government's estimation as of January. (Reporting by Kim Yeon-hee in SEOUL; Editing by Jonathan Thatcher and Muralikumar Anantharaman)
© Thomson Reuters 2009 All rights reserved.



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