The previous operator, Hanjin Heavy Philippines, declared bankruptcy in 2019. Paperwork has already been laid out and done,” SBMA Business and Investment Department Manager Karen G. THE Subic Bay Metropolitan Authority (SBMA) said it is near the conclusion of talks with an unidentified US company seeking to take over the lease of a shipyard left behind by the collapsed Hanjin Heavy Industries and Construction-Philippines, Inc. Upward bias seen in trade this week © Provided by BusinessWorld
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