Green Chemical Acquires 15.3 Billion KRW Worth of Shares in Affiliate KPX Life Science

[Asia Economy Reporter Seongpil Cho] Green Chemical announced on the 25th that it will acquire 1.2 million shares of KPX Life Science, a subsidiary specializing in the manufacture of raw pharmaceutical materials and pharmaceutical intermediates, for approximately 15.3 billion KRW. After the acquisition, Green Chemical's stake in KPX Life Science will be 8%. The scheduled date for the stock acquisition is the same day as the announcement.