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Kolon Global Corporation to Divest Holdings in Kimcheon Energy Co.,Ltd.


Monday, 26 Aug 2013 02:32am EDT 

Kolon Global Corporation announced that it has decided to transfer 4,200,000 shares of Kimcheon Energy Co.,Ltd., which is engaged in the group energy business, for KRW 21 billion. After that, the Company's stake in Kimcheon Energy Co.,Ltd. will decrease to 20.0% (2,800,000 shares). The expected transaction settlement date is August 27, 2013. 

Company Quote

7420.0
-210.0 -2.75%
31 Oct 2014