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T'way Holdings Incorporation to Acquire Shares of Tway Air Co., Ltd


Friday, 27 Sep 2013 01:32am EDT 

T'way Holdings Incorporation announced that it will subscribe 20 million new shares of Tway Air Co., Ltd, which is engaged in the air transport business, in a private placement for KRW 10 billion, to improve the financial structure of its affiliated company. The expected transaction settlement date is November 20, 2013. After that, the Company will hold an 81.02% stake (27,397,773 shares) in Tway Air Co., Ltd. 

Company Quote

9030.0
-70.0 -0.77%
22 Dec 2014