Yeongheung "Daehopinec Acquires 41% Stake for 33 Billion KRW"

[Asia Economy Reporter Minji Lee] Youngheung announced on the 29th that it will acquire 30,306,694 shares of Daeho P&C Co., Ltd., which manufactures and sells cold forging shipbuilding steel, for 33 billion KRW. After the acquisition, the shareholding ratio will be 41.45%, and the company explained that "the securities are being acquired for business diversification."