TVH Global Decides to Acquire Hong Kong Subsidiary Shares Worth 5.5 Billion KRW

[Asia Economy Reporter Minwoo Lee] TBH Global announced on the 28th that it has decided to acquire 390,000 shares of its Hong Kong subsidiary TBH Hong Kong Limited for approximately 5.5 billion KRW. As a result, TBH Global will own 100% of the shares of TBH Hong Kong Limited. The company explained that this is "to raise funds for the repayment of TBH Hong Kong Limited's bonds."