Hyundai Heavy Industries (HHI) is hoping to bank KRW 500bn ($439m) from disposing of a brokerage, but may find the process anything but easy.
The Yonhap news agency said the Korean yard is seeking to sell an 85.3% stake in HI Investment & Securities owned by its subsidiary Hyundai Mipo Dockyard.
But it cited industry sources saying there is a distinct lack of potential buyers.
HHI wants to tie up a deal by the end of the year.
It bought the brokerage, then known as CJ Investment & Securities, in 2008, for a total cost of KRW 1.12 trillion.
Potential bidders include Korea Investment & Securities and Shinhan Financial Group, but they have ye to show much enthusiasm for a deal.
