[Asia Economy Reporter Kwon Jaehee] TBH Global announced on the 10th that it will additionally acquire 291,119 shares of its Hong Kong overseas business subsidiary (TBH HONG KONG) for approximately 46.1 billion KRW.
With the stock acquisition on this day, the shareholding ratio will become 100% after the acquisition.
TBH Global stated that the purpose of this stock acquisition is "repayment of TBH HONG KONG's bonds, etc."
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