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Dongbu Steel Co., Ltd. amends divestiture plan


Wednesday, 27 Nov 2013 04:09am EST 

Dongbu Steel Co., Ltd:Says amendment to plan of divesting holdings in subsidiary, previously announced on Nov. 26.Says sell of 4,980,000 shares of Korea-based harbor operating subsidiary, to improve financial structure, in the subsidiary's capital withdrawal.Sees transaction amount of 298,800 million won.Sees transaction settlement date of Dec. 30.Sees a 0.4 pct stake (20,000 shares) in the subsidiary after the transaction. 

Company Quote

1565.0
-35.0 -2.19%
28 Nov 2014