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Hunus Inc to Acquire Shares of HUNUS BIO INC


Tuesday, 18 Jun 2013 03:24am EDT 

Hunus Inc announced that it will acquire 2,045,780 shares of HUNUS BIO INC, which is engaged in the cosmetics business, for KRW 7,900,802,360, to secure its subsidiary's operation. The expected transaction settlement date is August 19, 2013. After the transaction, the Company will hold 4,059,510 shares of HUNUS BIO INC, representing a 79.53% stake. 

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