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Woongjin Holdings Co Ltd to Acquire OCEAN SUITES Co, Ltd

Tuesday, 22 Oct 2013 04:51am EDT 

Woongjin Holdings Co Ltd announced that it has decided to acquire a 100% stake (1,010,000 shares) in OCEAN SUITES Co, Ltd, which is engaged in the operation of tourist accommodation, from Woongjin Foods Co., Ltd. for KRW 4 billion. The transaction settlement date was not disclosed. 

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