Chung makes comeback

Hyundai Asan Corp. chairman Chung Mong-Hun officially declared Wednesday that he would resume management duties at Hyundai Engineering and Construction (HEC).

Chung made the announcement at a news conference held at Hyundai Group headquarters in Kye-dong, central Seoul.

He unveiled plans to reform HEC's personnel and management structure as soon as Arther D. Little Inc. (ADL) and Chase Manhattan Bank of the United States announce their management analyses of the company.