[Asia Economy Reporter Moon Hyewon] Chris F&C announced on the 11th that it will acquire 12,046,775 shares of Kookdong for 34 billion KRW.
This corresponds to 11.11% of its equity capital. After the acquisition, the shareholding ratio will be 21.82%.
The scheduled date for the stock acquisition is the 17th of next month.
Chris F&C stated that the purpose of this stock acquisition is "securing management rights."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
