[Asia Economy Reporter Kang Nahum] DL announced on the 24th that it will additionally acquire 1.13 million shares of its petrochemical product manufacturing subsidiary DL Chemical for approximately 450 billion KRW.
After the stock acquisition, the shareholding ratio will be 100%. The scheduled date for the stock acquisition is the date of the announcement.
DL stated that the purpose of this stock acquisition is "to secure investment funds for the subsidiary and improve the financial structure."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

