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BRIEF-Jung Wuk buys 13.9 pct stake in Daishin Balance 1st Special Purpose Acquisition
November 30, 2016 / 9:21 AM / in a year

BRIEF-Jung Wuk buys 13.9 pct stake in Daishin Balance 1st Special Purpose Acquisition

Nov 30 (Reuters) - Daishin Balance 1st Special Purpose Acquisition Co Ltd :

* Says Jung Wuk becomes top shareholder of the company, replacing Mirae Asset Daewoo Co.,Ltd, effective Nov. 30

* Says Jung Wuk has acquired 12.3 million shares of the company, increasing its stake in the company up to 13.9 percent from 0 percent

* Says Mirae Asset Daewoo Co.,Ltd has sold its entire 4.0 percent stake(206,033 shares) in the company

Source text in Korean: goo.gl/zo8OPz

Further company coverage: (Beijing Headline News)

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