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MHETHANOL CO., LTD. to transfer shares of MH Bio Energy Co.,Ltd

Tuesday, 21 Jan 2014 03:46am EST 

MHETHANOL CO., LTD:Says to transfer 4,624,000 shares of MH Bio Energy Co.,Ltd, which is engaged in the manufacturing of bio-ethanol and alcohol, to adjust financial structure.Says transaction amount of 40,295,919,804 won.Says expected transaction settlement date of Mar. 20.Says to hold a 20.00 pct stake (1,156,000 shares) in the target company after the transaction. 

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-140.0 -1.54%
1:46am EDT