KC Green Holdings "Acquires Additional 8.9 Billion KRW Shares of Subsidiary KC Cottrell"

[Asia Economy Reporter Hwang Yoon-joo] KC Green Holdings announced on the 7th that it will additionally acquire 1,547,330 shares of its subsidiary, environmental equipment (such as dust collectors) company KC Cottrell, for approximately 8.9 billion KRW to maintain management control.

After the stock acquisition, KC Green Holdings' stake in KC Cottrell will be 34.7%, and the scheduled stock acquisition date is the 16th.